Credit scoring is an imperfect science. In essence, it’s about estimating how likely someone is to pay back money borrowed based on their history of doing…

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Credit problems disproportionately affect African Americans for a variety of reasons — historically lower incomes, higher unemployment, being hit especially hard hit by the subprime…

Roland Martin talks with Kelvin Boston about how credit laws, scores and various mechanisms disenfranchise African-Americans economically from home ownership, forcing up to 70 percent into the sub-prime mortgage market.

Roland Martin talks with Kelvin Boston, host of “Moneywise” on PBS about how your credit report can determine if you get a job or a promotion.

Roland Martin discusses the importance of breaking the shackles of debt, establishing good credit and personal finance.

A newly released study carries significant weight, defying the popular belief that homeowners who defaulted on their mortgages during the economic downturn are irresponsible deadbeats who can’t manage money. The study, conducted by TransUnion, one of the three national credit bureaus, concludes that many of the homeowners who defaulted on their mortgage only did so […]

The title of the bill may be misleading for Main Street people, but the landmark bill–the most aggressive financial reform bill since the Great Depression–was signed into law today by President Obama. Here’s how it will affect you:

From Expectant parents shopping for a home are not the only ones concerned about the date of the baby’s arrival.

A proposal to ban employers’ use of credit histories to screen job applicants or to fire workers has been rejected by a Maryland Senate committee, dampening chances for a similar measure under consideration in the House of Delegates. The Senate Finance Committee voted 6-5 Wednesday against the bill, which would not have applied to financial institutions or […]

Via We’re all talking about improving our lives for the better around this time of year. One of the things we tell ourselves is that this is the year we’re finally going to take real steps to get out of debt. For many of us that debt comes from credit cards. If the recession […]