Credit and Lending

Authorized User: Does It Build Credit? Being added to someone else’s credit card can help your credit, because many issuers report that account’s history to your file too. The risk runs both ways — their late payments and high balances land on your report as well.

What is a goodwill letter? A goodwill letter asks a creditor to remove an accurate late payment as a one-time courtesy. It works best when the late payment was isolated and your account is current now.

A personal loan can be a smart way to consolidate debt if it lowers your total cost, including fees, and you stop adding new charges to the cards you pay off.

What happens to joint accounts in a divorce? Both spouses remain responsible until the account is closed, paid off, or refinanced. Learn how to protect your credit.

Financial setbacks happen to the best of us — and the good news is, your credit can always bounce back!

It’s important to understand who can pull your credit report.

Here's an outline of some important steps to take when thinking about starting a new business.

Canceling a credit card may not be a good idea. The reason for that is that keeping a card open can help your credit score in many ways.

Your debt-to-income ratio is more than just a number - it's a snapshot of your financial health.

The increase in financial education is encouraging because it can help young people make smart money decisions as they get older.