❗Help close the gap: We still need to raise $40,000 by the end of March. Donate now

This lender wants young people to see the opportunity on the Pine Ridge Reservation

Dec 21, 2020
On the Pine Ridge Reservation in South Dakota, the woman running the sole business loan lender has a message: There's opportunity on the reservation.
A 2001 photo of the Wounded Knee cemetary and memorial, located in Badlands National Park on the Pine Ridge Reservation.
Francis Temman/AFP via Getty

Fed looks to overhaul laws meant to make sure lower-income Americans have access to loans

The law is meant to demand that when banks take deposits from a particular area, they also make loans there.
The Federal Reserve building in Washington, D.C.
Chip Somodevilla/Getty Images

A corner of the bond market is showing signs of stress

Mar 13, 2020
After this week's global market crash, the credit market is showing signs of stress.
Bryan R. Smith/AFP via Getty Images

Not much has changed since the 2017 Equifax breach

Jul 22, 2019
Cyber security experts warn that consumers are as vulnerable to hacking now as they were back then.
Former Equifax CEO Richard Smith prepares to testify before the Senate Banking, Housing and Urban Affairs Committee in October 2017 in Washington, DC.
Mark Wilson/Getty Images

How a new service could help boost your credit score

Dec 21, 2018
Experian says consumers who let the firm monitor their checking accounts could get easier access to credit.
iStock/Getty Images

Fed lifts rates for 4th time this year but sees fewer hikes

Dec 19, 2018
The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifts the Fed’s benchmark rate to its highest point since 2008.
Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, September 26, 2018.
SAUL LOEB/AFP/Getty Images

Capital One, Discover scale back credit card offerings

Nov 5, 2018
Companies trim credit limits, balance transfers to limit risk in case of slowdown.
Financial expert Carmen Wong Ulrich says credit cards aren't bad --  until you start looking at them as free cash.
iStockphoto

For public good, not for profit.

FICO scores are going to change. Here's how.

The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images

FICO scores are going to change. Here's how.

The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images

Credit card interest rates are rising

Oct 9, 2018
The average rate is just over 17 percent, and it's expected to keep going up.
Joe Raedle/Getty Images