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J Schipper's Articles in Credit

  • Your Credit Scores Again
    It's important for every consumer to learn what a credit score is and how to improve it. Most consumers do not know what their credit scores are, but these scores are used in dealings with such diverse agencies as credit card companies, home equity lenders, auto loan lenders, and finance companies when considering appications for credit or loans.

    Credit scores are usually calculated by a computer model created, most often, by Fair, Isaac & Company (or "FICO," leading to th...
  • You're Being Forced To Make Higher Payments
    Consumers already burdened by higher energy costs are being saddled with another drain on their finances : higher minimum credit card payments.

    The higher minimum credit card payments are the result of January 2003 guidelines issued by the Federal Reserve, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and the Office of Thrift Supervision. The Office of the Comptroller of the Currency, or OCC, regulates national banks and is concerned t...

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