Summary Box: Homeowners see credit scores sink after signing up for mortgage reliefAN UNWELCOME SURPRISE: Homeowners who enroll in the Obama administration's loan modification program can see their credit score dip by as much as 100 points. That makes it harder to get a loan and can hamper your ...

Homeowners see credit scores sink after signing up for mortgage reliefSome homeowners who sign up for the government's mortgage assistance program are getting a nasty surprise: Lower credit scores. For borrowers who are making their payments on time but are on the verge of default, the Obama administration's ...

MMI offers tips for understanding the CARD ActWhile only 10 percent of respondents in a recent Money Management International (MMI) survey believe students should use credit cards to finance college costs, many students get their first credit card while they are in college. In fact, 84 percent of undergraduates have ...

New court data show surge in cases related to consumer issues in fiscal 2009The number of new cases in federal courts related to consumer issues surged in the year ended last Sept. 30 as Americans battered by the recession fought foreclosures and downgraded debt ratings, data released Tuesday show. The ...