CreditRating

Business Insider tapped two of their favorite credit experts, Bethy Hardeman of CreditKarma.com and John Ulzheimer of SmartCredit.com, to weigh in on the pros and cons of carrying plastic.

The U.S. is again closing in on its debt limit, and if a recent statement by Republican Speaker of the House John Boehner is any indication, another fight with the Obama administration over the issue is ahead. Here's a preview of what we might expect.

On Friday, Greece reached a deal to "restructure" its national debt downward by about $133 billion. That's the biggest sovereign restructuring in world history. But don't worry. According to Fed Chairman Ben Bernanke, it's no big deal for the U.S.

On Friday, it looked like this week would be ugly. Standard & Poor's had just downgraded the credit ratings of France and several other E.U. countries, the latest domino to fall in Europe's slow-motion economic train wreck. But at least in the U.S., the stock market has shrugged off that news.

Attitudes toward mortgage default are shifting in America. People who've never missed a payment on anything in their lives are walking away from underwater homes, even when they can afford their monthly payments, because staying doesn't make financial sense. But how good a business decision is a strategic default?

Standard & Poor's downgraded the U.S. debt rating for the first time on Friday. Coming on top of concerns of a second recession, the move has investors worried that we're headed into a bear market for stocks. Here's what that would look like.

Recently, Wall Street Journal columnist Brett Arends wrote about how he's giving up credit cards and going all cash. He cited some compelling advantages to dumping his plastic, but it may not be right for you. Here are five things you give up by switching to an all-cash lifestyle:

Rebuilding your life after bankruptcy – including your credit rating, finances and your emotional well-being – can sometimes seem like an overwhelming task. But if you've recently filed for Chapter 7 or Chapter 13 bankruptcy protection, it's important to realize that there is life...

When we posted last week addressing what is a good credit score and how to get one, we got lots of feedback. It seems that a lot of people these days are concerned about their credit scores -- not at all surprising in these times. We also noticed that a lot of you want to take steps to improve your...

There were plenty of interesting Super Bowl ads during Sunday's game, but Hyundai's "Assurance Deal" ad caught my ear, if not my eye, when the announcer said the car company would take a Hyundai back if the buyer lost a job within a year of buying it. As someone who was laid off last year, and who...