Millenials Struggling With Massive Debt Load

Students

Millenials Struggling With Massive Debt Load

Millenials Struggling With Massive Debt Load

Though many young Americans may see their 20s as a time to gain some amount of financial independence, a large number are also struggling under the weight of significant debts on several lines of credit. The average American 20-something carries debt totaling $45,000, and that amount increases for millenials as they move toward their 30s,… Read More

Apple Gets Bigger Slice of Mobile Payment Pie

Personal Finance

Apple Gets Bigger Slice of Mobile Payment Pie

Apple Gets Bigger Slice of Mobile Payment Pie

Companies that both develop and use the new type of credit card payment processing platform that allows businesses to accept purchases using mobile devices are leaning more heavily on the operating system popularized by Apple. As the mobile credit card processing industry continues to grow quickly, more companies are jumping into the development of their… Read More

More Returning to School as Unemployment Persists

Students

More Returning to School as Unemployment Persists

More Returning to School as Unemployment Persists

Today, as unemployment remains elevated over pre-recession levels, a large number of consumers are heading back to or remaining in college to bolster their educational qualifications and delay their entry into the workforce, according to a report from the credit monitoring bureau Equifax. This option has become particularly popular with people who have strong credit… Read More

The Next Bubble: Is It Time to Cap College Tuition?

Students

The Next Bubble: Is It Time to Cap College Tuition?

The Next Bubble: Is It Time to Cap College Tuition?

At $1 trillion dollars, student loan debt has eclipsed credit card debt for the first time in American history. To make matters worse, come July 1 the interest rate on federally subsidized Stafford student loans will automatically double, from 3.4% to 6.8%, unless Congressional action is taken to extend the lower rate before then. Depending… Read More

Be Smart With Your Rewards Card

Credit Cards

Be Smart With Your Rewards Card

Be Smart With Your Rewards Card

These days, a large number of consumers are once again beginning to feel better about their finances and as a result, are looking for new credit cards.

The Best Credit Card for Rebuilding Your Credit

Credit Cards

The Best Credit Card for Rebuilding Your Credit

The Best Credit Card for Rebuilding Your Credit

Rebuilding your credit can be difficult, but not impossible. The key is to avoid credit cards that are just fee-filled products targeted at those who have a troubled credit history. What you need is a strong product from a reputable lender with a reasonable fee structure. Capital One offers its Secured MasterCard for people who… Read More

How Hard Is It To Get A Credit Card With Bad Credit?

Credit Cards

How Hard Is It To Get A Credit Card With Bad Credit?

How Hard Is It To Get A Credit Card With Bad Credit?

While credit standards are certainly expanding these days so that those who have experienced a bit of financial difficulty in the past can once again gain access to these lines of credit, some consumers may still have problems doing so. [Free Resource: Check your credit for free before applying for a credit card] Consumers with bad credit may face a number of issues when applying… Read More

HARP 2: Will It Really Help…Or Is It More Hype?

Mortgages

HARP 2: Will It Really Help…Or Is It More Hype?

HARP 2: Will It Really Help…Or Is It More Hype?

The mortgage industry is buzzing about HARP 2, the revamped federal Home Affordable Refinance Program. Some are predicting it will trigger the biggest refi boom of the decade. But will it really help homeowners whose loans are deeply underwater refinance into low-rate loans? Or is this more hype about a program that will help far… Read More

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