Judge: Auto dealers must tell low credit score buyers why loan rates are higher

A federal judge has ruled that auto dealers must tell consumers with lower credit scores why they are charged higher interest rates than those charged to the majority of car buyers. The National Automobile Dealers Association argued that auto dealers should be exempt.

Survey: Consumers are getting smarter about credit scores

Baffled by your credit scores? You're not alone. The majority of consumers still get confused by what actually goes into a credit score, according to a recent survey. However, the number of people who ...

First Person: I Increased My Credit Score By 26 Points in 6 Months

I have been in the market for a new car, but after seeing my credit score I needed to do some damage control before jumping into a new loan. Increasing my credit score would give me a better interest rate on a loan, saving hundreds of dollars. I needed was quick fixes that would increase the score within a six month time frame. This would allow me to save a better downpayment for a vehicle and ...

Credit score killers that cost you money

We all know that a good score is essential to getting a home or car loan. But how do you improve it? And more importantly, what are the credit score killers that can hurt you?

Step one in your car-buying adventure: Shape up your credit

It's likely you'll need to finance your vehicle purchase, especially if you're buying new. A good credit score can help reassure potential lenders that you'll be a good credit risk - and make them more inclined to offer you a lower interest rate for your auto loan.