Studies Show Consumer Debt Is Dropping

Managing Debt

Studies Show Consumer Debt Is Dropping

Studies Show Consumer Debt Is Dropping

Many consumers across the country may have seen their finances improve in the last year or two, and many new statistics show just how far those developments are going to boost the economy in general. Perhaps one of the most important of these factors is the recent data from the Federal Reserve Board, which shows… Read More

3 Ways to Control Your Facebook Profile After You Die

Identity Theft

3 Ways to Control Your Facebook Profile After You Die

3 Ways to Control Your Facebook Profile After You Die

Every time Rachel Miller goes to her Facebook page, she sees her mother’s photo looking back at her. This is disturbing to Miller, since her mother died six months ago. Seeing her mother’s Facebook profile is “sort of a sick reminder that she’s gone but eerily still hanging around,” Miller says. “It’s kind of creepy,… Read More

FICO Projects More Improvements to Consumer Credit Soon

Credit Score

FICO Projects More Improvements to Consumer Credit Soon

FICO Projects More Improvements to Consumer Credit Soon

The economy is generally healthier now than it was a year ago, and the improvements have in turn put consumers in better financial positions. As such, many experts now believe those steps forward will translate to more consumer credit health in the next six months. A quarterly poll of risk management professionals found that most… Read More

Morgan Stanley Sued by ACLU Over Discriminatory Loan Practices

Mortgages

Morgan Stanley Sued by ACLU Over Discriminatory Loan Practices

Morgan Stanley Sued by ACLU Over Discriminatory Loan Practices

A new lawsuit filed in a New York court claims that the subprime lending crisis, in which consumers were given home loans they couldn’t afford with the expectation they would default on them, was caused at least in part by a lender discriminating against minority borrowers. The American Civil Liberties Union recently filed a suit… Read More

Many Consumers Hit With Hidden Medical Debts

Managing Debt

Many Consumers Hit With Hidden Medical Debts

Many Consumers Hit With Hidden Medical Debts

These days, many consumers may go to the hospital or a doctor’s office and receive care, but not know that their treatments carry with them bills that aren’t covered by insurance or other health plans. This lack of knowledge can, in turn, end up costing them dearly. Today, some estimates show that as many as… Read More

4 Credit Mistakes Many Borrowers Make

Credit Score

4 Credit Mistakes Many Borrowers Make

4 Credit Mistakes Many Borrowers Make

When you visit a lender to borrow money, do you know how they decide whether or not to lend you money? The lender types information into their computer and then an answer comes back and they relate the “good news; you’re approved!” or “bad news; you’ve been declined” to us. What many people don’t know… Read More

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