Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Personal Loans

Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Obama, CFPB Seek to Regulate Payday Loan “Debt Traps”

Payday lenders would face a new set of restrictions under rules being proposed Thursday by the Consumer Financial Protection Bureau. The rules include requirements that lenders ensure borrowers have the ability to repay the loans, and limits to the number of times consumers can renew the loans. The proposal covers a wide set of short-term,… Read More

5 Get-Out-of-Debt Strategies That Can Backfire

Managing Debt

5 Get-Out-of-Debt Strategies That Can Backfire

5 Get-Out-of-Debt Strategies That Can Backfire

More often than not, debt and desperation go hand-in-hand. With the amount of strain debt can put on your wallet and your life, it’s no wonder why so many people find themselves searching for quick fixes. Unfortunately, there is no magic wand to make your debt disappear. If you think you’ve found a fast solution… Read More

10 Places Where Home Prices Are Outpacing Wages

Mortgages

10 Places Where Home Prices Are Outpacing Wages

10 Places Where Home Prices Are Outpacing Wages

Home values significantly outpaced wage growth in the majority of markets analyzed in a new report from RealtyTrac, highlighting the difficulty many Americans face in trying to buy a home as the housing market recovers. The report looks at average wage growth data gathered by the Bureau of Labor Statistics and median home sales price… Read More

5 Reasons to Fire Your Financial Adviser

Personal Finance

5 Reasons to Fire Your Financial Adviser

5 Reasons to Fire Your Financial Adviser

Think about the last time you fired someone. Even if you’ve never been an employer, I’m sure you fired someone or some business for poor service. Perhaps it was a restaurant that served cold food. Maybe it was a landscaper who mowed over your roses. If you receive poor service when you’re paying, you should… Read More

7 Tips for Spring Cleaning Your Finances

Personal Finance

7 Tips for Spring Cleaning Your Finances

7 Tips for Spring Cleaning Your Finances

Cold weather often means hibernation, binge-watching television and even ignoring some of the important aspects of life. If your finances took a greater hit than the East Coast this winter, it’s time to get to work. As the temperatures rise and all the snow melts away, make sure you are cleaning more than your home…. Read More

Does My Teen Really Have to File Taxes?

Personal Finance

Does My Teen Really Have to File Taxes?

Does My Teen Really Have to File Taxes?

You know you have to file a tax return, but does your teen? The deadline is rapidly approaching, and he or she may — or may not — have received forms relating to income last year. Chances are, your teen does not have to file. John Scherer, a certified financial planner with Trinity Financial Planning in… Read More

6 Fees to Look Out for When Buying a Home

Mortgages

6 Fees to Look Out for When Buying a Home

6 Fees to Look Out for When Buying a Home

Let’s cut to the chase. Obtaining a mortgage to buy a home, or to refinance one you already own, is not cheap. No two ways about it, acquiring property is going to cost you some bucks. However, knowing ahead of time what fees lenders charge — including both upfront and later in the transaction —… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay Connected to Our Experts

Please submit your email address to get credit & money tips & advice
from our team of 50+ experts, delivered weekly to your inbox.