Personal Credit

An otherwise strong economy is clouded by housing expenses

The current cost of living in these places is so high that they are said to be “impossibly unaffordable.” The figures are in, and the most popular opinions have been tweeted: inflation is decreasing, the stock market is expanding at a rapid pace, salaries continue to rise, and there is an abundance of employment opportunities. …

Importance of the Federal Reserve’s most recent interest rate decision

On Wednesday, the Federal Reserve said that, for the seventh consecutive meeting, it would maintain the benchmark lending rate at its present level. However, the central bank did not decrease rates as much as first anticipated. That implies interest rates on all types of loans, including mortgages and auto loans, will stay high. The most …

In spite of the fact that food costs have remained relatively stable, the expense of eating out continues to rise

It has been attempted by McDonald’s to rectify the record on the cost of their fast food. The costs of groceries remained unchanged in May, after a slight decrease the previous month. In spite of the fact that restaurants boast about their inexpensive meals, menu prices continue to rise, which is a cause of dissatisfaction …

Proposed CFPB Rule to Eliminate Medical Bills from Credit Reports

For fifteen million people, medical bills totaling as much as $49 billion are unfairly dragging down their credit ratings. This rule would rectify the situation. The nation’s capital – Among the many suggested changes announced by the Consumer Financial Protection Bureau (CFPB) regulation is the removal of medical bills from most credit reports; more privacy …