News

Welcome to CreditFYI News. With our daily updates, you have access to the latest and most relevant credit news and information.  Since credit news naturally connects to other topics, our stories will cover credit and how it relates to breaking financial news, real estate news, and news on the economy. The stories you find here are written about today’s news, so they provide you with the most relevant and up to date credit news and information. 

• Posted October 27, 2010

  Foreclosures Can Have Lasting Credit Effects

  Foreclosure leaves a large, damaging mark on credit histories.

• Posted October 21, 2010

  New Mortgage Rules Help Seniors

  The limit on federally-backed reverse mortgages was raised to $625,500.

• Posted October 18, 2010

  Delinquent Payments Fall to New Lows

  Lower consumer spending levels translate to less consumer debt.

• Posted September 22, 2010

  Delinquency Rates Still Dropping; Credit Card Companies Worry About Profits

  As cardholders become more responsible, issuers need to find new revenue streams.

• Posted September 16, 2010

  New York AG Tries to Enhance Credit CARD Act's Student Protections

  Andrew Cuomo issues a code of credit-card conduct for in-state schools.

• Posted April 09, 2010

  Bank of America to Eliminate Overdraft Fees

  Protections are similar to those passed by the Federal Reserve Board.

• Posted April 07, 2010

  Consumers May Find Debt Help Through Spring Cleaning

  A growing resell industry gives consumers more outlets.

• Posted March 15, 2010

  Pennsylvania Man Convicted for Identity Theft

  He used his brother's VA benefits to get medical treatment.

• Posted March 12, 2010

  Consumer Confidence Drops in February

  Americans are worried about their earning potentials.

• Posted March 08, 2010

  FTC Takes Action Against Deceptive Credit Report Marketing

  New disclosures will send consumers to the government-backed website.