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Apr 17, 2009

Marketplace Money for April 18-19, 2009

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Stories You Might Like April 1 bills are here U.S. space economy set to blast off in 2019 Revisiting "pivot to video" in light of the lawsuit against Facebook Revisiting "pivot to video" in light of the lawsuit against Facebook…

Segments From this episode

Are college students credit-conscious?

Apr 17, 2009
College is the place most people first experience using credit. As part of the series Road To Ruin, Tess Vigeland asks students at Washington University in St. Louis, Mo. about their credit knowledge.
College students listen to a lecture.
Jean-Pierre Clatot/AFP/Getty Images

Autos spurred the credit boom

Apr 17, 2009
Americans haven't always had a love affair with borrowing and credit. Stephen Smith reports on how General Motors and the automobile paved the way for consumer credit nearly a century ago.

The power of FICO

Apr 17, 2009
Even the smallest change to your FICO score can affect many aspects of your financial life. Janet Babin reports on how a minor credit score drop affected the Diebel family from Winter Park, Fla.

Ditching FICO isn't the answer

Apr 17, 2009
Is the FICO credit scoring system fair? MSN personal finance columnist Liz Pulliam Weston says the FICO system might be flawed, but it's better than the old way.

Getting Personal

Apr 17, 2009
Tess Vigeland and Chris Farrell answer listeners' pressing questions about using a home equity line of credit as an emergency reserve and closing a high balance credit card.
Getting Personal
Marketplace

In search of the perfect score

Apr 17, 2009
Most Americans have a credit score above 660, but how many have a perfect score? Reporter Rico Gagliano finds out how difficult it is to get a perfect 850.

Keeping ID thieves at bay

Apr 17, 2009
Identity theft can be both frustrating and costly for the victims. Reporter Stacey Vanek-Smith visits one couple who is still trying to put their credit back together after eight years of identity theft.
Susan and David Litchfield in their home in Norwell, Mass.
Susan and David Litchfield

Straight Story

Apr 17, 2009
Credit isn't always a bad thing, especially if you're careful and focus on saving when times are good. Economics editor Chris Farrell discusses the pros and cons of credit.

Counseling down credit debt

Apr 17, 2009
Banks are reporting better-than-expected earnings this week, but experts say the next problem might involve credit card defaults. Tess Vigeland talks to credit counseler Gail Cunningham about helping consumers work through their debt.

Your credit stories

Apr 17, 2009
To conclude our credit-focused episode, listeners offer some thoughts and anecdotes about their experiences with credit cards and the hard lessons they've learned in the process.