LatePayment

Most people understand that a bankruptcy or foreclosure will tank their credit score, but there are plenty of small mistakes you can make that will turn a good score into a mediocre one. Here are seven of the more common errors, plus tips on how to avoid them.

The American consumer's financial health is showing signs of improvement, but the weak job market continues to derail the nation's economic recovery -- particularly for people in the lower income brackets, according to September's Consumer Reports Index, released on Tuesday.

Citigroup announced Monday its new no-fee, no-penalty Simplicity credit card, designed for the very creditworthy person who might once in a while forget to make a payment on time. No gotchas in your credit card bill sounds like a great idea, right? Well ... maybe.

Ever since graduation we have had a credit card through Citibank which has unfortunately carried a balance. We've been good about paying more than the minimum and making our payments on time but this last month I missed the due date by roughly 2 hours since I was out of town. While you might view...