The Federal Reserve has shared the statistics on consumer spending for the month of November. According to the report, student and auto loans were sharply on the rise as credit card debt fell. DailyFinance.com shares the report, and discusses...
Credit card companies are already reporting the holiday spending trends for this year. According to an article on moneynews.com, it seems consumers wanted less stuff and more memories. Consumers spent actively on lodging and restaurants during the holiday season,...
Just in time for the holidays, gas prices fall and provide a little relief from the hustle-and-bustle, and the pocketbook. According to an article by Money News, we haven’t seen prices this low in a while. U.S. drivers are...
Though medical debt may make you feel isolated, you are far from alone. According to a recent study, nearly 20% of US consumers have unpaid medical debt. On average, a person with only overdue medical debt owes $1,766. Someone...
When the bills pile up and funds are low, it can be difficult to decide which bills to pay first. An article by US News & World Report helps sift through the options to navigate your way. If you...
An article by US News and World Report highlights a new report from the Institute for College Access and Success, stating that about 70% of 2013 graduates had student debt that averages $28,400. New Hampshire, Delaware, Pennsylvania, Rhode Island...
According to an article on moneynews.com, the proposed new rules would require pre-paid card companies to disclose fees and offer protection similar to other institutions. Consumers use prepaid products to load money into accounts that can be used to...
College students are not the only ones finding roommates anymore. In an article on CNN Money, living with roommates is the latest housing trend. With rents rising faster than most American’s paychecks, finding a roommate to split the bills...
Wall Street Firm BlackRock suggests forgiving some student debt for first-time homebuyers, according to an article on CNN Money. Millennials aren’t buying many homes. Mounting student debt may be part of the problem. Click here for the full article....
The Consumer Financial Protection Bureau issued a report yesterday noting illegal actions by the student loan servicing industry. Bureau examiners found that companies engaged in illegal practices like charging unfair late fees and harassing debt collection calls. Bureau examiners...