IT'S ONLY MONEY BLOG: A New York Times columnist writes that credit scores have become the tyrant of the lending industry. Another columnist warns: Beware of factored structured settlements, or secondary-market income annuities.
Credit scores are hitting the floor across the country. Recent reports indicate Americans’ credit scores are hitting all time lows. FICO Inc. provides a recent analysis of credit scores based on consumer credit reports as of April.
For countless Americans struggling to make their mortgage payments, the problems have just begun.
How Congress' proposed overhaul will affect mortgages, credit cards, credit scores, and more.

Curious Why Credit Scores Vary So Much

For anyone in the market for a new house, an addition, or a new car, a low credit score can cost you thousands if you borrow.
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