Since the Fair Isaacs computational structure remains a strictly private commercial device implemented by licensed creditors for a fee, there's no truly effective means through which our local or national legislators could demand greater fairness or public participation much less dictate changes to the FICO formula. As a result, even the multi layered and vividly redundant bureaucratic arms of... (READ MORE)

As soon as the average American consumer first learned about credit card debt relief companies and the success these firms have shown in lowering debt balances through settlement negotiation and other endeavors, the more foolishly proud of our debt laden countrymen thought to themselves that they could just as easily fight the lenders by their lones... (READ MORE)

After steady trends upward over the past twenty some years following the so called black Monday recession of October 1987, credit card debt usage was sharply reduced across virtually all sectors of the Untied States citizenry during 2009. Considering that many financial correspondents trusted by the most respectable media outlets confidently propo... (READ MORE)