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The most widely known and used credit scoring system will offer a new variation that could help consumers with little or poor traditional credit. The new UltraFICO takes into account a consumers checking account transactions, and the ability to maintain...

One of the most effective tools available to U.S. consumers for protecting their credit from identity thieves is now free, thanks to a federal law that took effect Friday.
Consumers can now freeze and unfreeze their credit at the three major credit bureaus without being charged. Prior to the law taking effect, it cost consumers in almost half the states $3 to $12 per bureau to freeze or unfreeze their credit reports....

Personal loans are the “fastest-growing type of consumer debt” in the past year, according to data from Experian.
Personal loan debt reached $273 million in the second quarter, an 11 percent increase, compared to the same quarter in 2017. That percentage growth is bigger than auto, credit cards, mortgages, and student loan debt, Experian says....

U.S. credit card balances grew 6.6 percent in the second quarter of 2018, compared to the same period in 2017, according to new Experian data. The total balances for credit cards increased to $782 billion in the second quarter, up from $734 billion in...