• Lenders blocked plan to protect Americans’ credit scores amid coronavirus

    Lenders blocked plan to protect Americans’ credit scores amid coronavirus

    Cash-strapped Americans — even those who lost their jobs — can’t expect to catch a break on their credit report if they miss a loan, rent or mortgage payment because of the coronavirus pandemic, a new report said Tuesday. The powerful financial industry successfully lobbied Congress to reject a moratorium on recording missed and late …
  • People still considered about Credit card — even if it’s been closed

    People still considered about Credit card — even if it’s been closed

    Dear John: Jeff Richardson here from VantageScore. I thought I’d briefly point out that our models do in many cases consider the credit history and age of closed credit card accounts. As with many things, it depends on what else resides in a person’s credit file. But it is not correct to state that the …