bad credit

When bankers come up with a new wonder product, it's rarely good news for consumers. JPMorgan Chase's new "Liquid" card is no exception. This reloadable debit card for the poor is loaded with fees.

Taking aim at the many Americans who don't have a credit card or checking account but are inclined to shop online, Walmart is now allowing customers to pay in cash for online orders.

Suze Orman is trying to succeed where the Kardashians failed. The host of the popular TV money show is offering a new prepaid card that works much the same way as a debit card. Her goal: Offer a credit card alternative that doesn't charge you an arm and a leg.

Credit is ever so personal, and ultimately it's your responsibility -- but it's not solely about you. Your state's creditworthiness can impact you too. For that reason, CardRatings.com's recently released rankings of the 10 Best and Worst States for Consumer Credit is worth a look-see.

At least 16% of Americans have engaged in some kind of identity fraud -- lying about their Social Security number, name or birthday -- on applications for goods and services, a new study reveals. That's 45 million people trying to game the system, and every time one succeeds, he or she may be making trouble for you.

Bad credit can limit your ability to get a loan or score a low-interest rate on a credit card, but that's not all it can do. It can also rear its ugly head in the workplace, making it harder for you to do your job or even -- in a frustrating catch-22 -- keep you from getting a job that could help...

For those who can't get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend -- for a fair profit, of course. Here's how it works, risks and all.

Peer-to-peer lending site Prosper.com has stopped letting high-risk borrowers use its site because too many of them failed to repay their loans. The site's problem, says columnist and one-time lender Alex Salkever, is that Prosper got in the way of letting a social bond form between microborrower and microlender.

Regular WalletPop readers know by now how important their credit score is when it comes to taking out a loan for a house, car or home-improvement project. But even the financially savvy might not be aware of all the other ways that credit scores -- and credit reports -- can affect them day to...

If you've been rejected for a car loan due to poor credit, you might want to apply again. The automotive credit industry increased the share of new car loans going to credit-challenged borrowers by 12.7% in the third quarter, a sign that lenders are loosening their credit criteria.