In a controversial ruling, a federal judge has allowed medical debt to stay on Americans' credit reports, overturning a Biden-era policy aimed at alleviating financial burdens for millions. Advocacy groups express dismay over the decision, while credit bureaus laud it as a protection for lenders.
FICO is set to include buy now, pay later loans in credit scores, impacting how lenders assess creditworthiness. This change reflects a rising trend in consumer finance, but could it help or hurt your score?
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
Major cryptocurrencies like ether, XRP, and dogecoin experienced a 3% drop following Moody's downgrade of the U.S. credit rating. This decision has shaken investor confidence, impacting both crypto and traditional markets.
