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Ain’t no sunshine and other credit news to know this week

Taylor Tompkins

This week’s (un)lucky number is: 50 points

That’s how much one poor reader’s credit score dropped after missing one car payment. And you don’t even want to know what happened to the reader’s spouse’s score. Learn from this unfortunate soul and pay your car payment/your house payment/your credit card bill on time. But things happen, so if you absolutely have to miss a payment, our experts say it shouldn’t be that significant of a drop for long.

This week

These are the things to look forward to this week.

Oh, Mr. Sun: So weather wrecked your trip to pretty much anywhere on the East Coast from pretty much anywhere in the South. And if you live in Texas, or any other naturally warm southern state, everything shut down for a few days because you saw uncharacteristic snow. The good news is, it’s supposed to be heating up. But science says the sun can make you buy a lot more on your credit card. And this is why fall is the superior season.

Why did I get married?: There are two kinds of spouses – the good and the bad. If you have one of the former, you’re likely to spend National Spouse’s Day singing their praises in a cheesy Facebook post and trying to protect their credit from all harm. If you have the latter, you’ll probably spend your Friday filing some kind of litigation and trying to get fraudulent accounts removed from your credit report. Either way, it’s going to be an eventful made up holiday.

ICYMI

What you might have missed last week.

Money ain’t no thang for the CFPB: Money is no object when your budget is $0. Seems like ol’ Mickey may be delivering on his promise for a dramatically different CFPB after asking the financial institutions they regulate for complaints and reconsidering something the agency has already ruled on.

Livin’ the simple life: American Express’ Hilton card debuted this week with a hefty sign-up bonus and no foreign transaction fees. That sounds like the perfect excuse to get my husband to go on a trip.
Tangled in the web
Here are things from around the internet the CreditCards.com staff are reading.

Millionaires hate credit cards. I’m shocked. –CNBC

People are really mad at Equifax. –Lendedu.com

You can carry a pistol instead of your credit cards. –Ansa

 

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