Google Wallet Users Double in 6 Weeks

Credit Cards

Google Wallet Users Double in 6 Weeks

Google Wallet Users Double in 6 Weeks

The tech giant behind one of the few mobile wallet platforms that’s widely available to consumers these days recently announced that it had seen a significant uptick in adoption in the last several weeks. In the month and a half since Google Wallet became available to all credit card users, the number of users of… Read More

4 Student Loan Scams to Watch Out For

Students

4 Student Loan Scams to Watch Out For

4 Student Loan Scams to Watch Out For

There’s been a lot of recent buzz around the price of college education and no one seems to be able to escape the heat of tuition costs anymore. Adding fuel to the fire are scams that seek to exploit young borrowers. Which is why you should be aware of the prevalent scams that affect students… Read More

Credit Card Spending Jump for Back-to-School

Students

Credit Card Spending Jump for Back-to-School

Credit Card Spending Jump for Back-to-School

The number of purchases consumers made with their credit and debit cards rose in August, and the amount of money spent on them did as well, thanks in large part to the back-to-school shopping season. The total amount of money spent on credit cards rose 5.4 percent in August from the same month in 2011,… Read More

Foreclosure Fail: Study Pins Blame on Big Banks

Mortgages

Foreclosure Fail: Study Pins Blame on Big Banks

Foreclosure Fail: Study Pins Blame on Big Banks

Over the past several years, we’ve reported extensively on the big banks’ foreclosure failings. As a result of banks’ disorganization and understaffing — particularly at the peak of the crisis in 2009 and 2010 — homeowners were often forced to run a gauntlet of confusion, delays, and errors when seeking a mortgage modification.

What QE3 Could Mean for Borrowers

Mortgages

What QE3 Could Mean for Borrowers

What QE3 Could Mean for Borrowers

On Thursday, the U.S. Federal Reserve Board announced that it would engage in another round of what is known as quantitative easing. But what that might mean for consumers may not be totally clear. The Federal Open Market Committee recently agreed to increase the amount of money in the economy by purchasing $40 billion worth… Read More

The Complete Guide to Personal Loans

Personal Loans

The Complete Guide to Personal Loans

The Complete Guide to Personal Loans

It started out as a simple question on the Credit.com forum, “Anyone know the difference between a consolidation loan and a personal loan?  I see both on this site and others, but not sure what the difference is — are they the same?” A simple question? Perhaps. But it reminded us how confusing loan terminology… Read More

4 Bank Freebies That Still Exist

Personal Finance

4 Bank Freebies That Still Exist

4 Bank Freebies That Still Exist

Whether or not swipe-fee reform has hurt or helped consumers remains an open question, but there’s little doubt that it’s made free checking harder to come by at big banks. Most large banks now charge monthly maintenance fees to checking account holders, which can only be avoided by meeting balance minimums or using certain services… Read More

New Rules Determine Who Takes Control of Home Defaults

Mortgages

New Rules Determine Who Takes Control of Home Defaults

New Rules Determine Who Takes Control of Home Defaults

In the past, a major problem in the mortgage market was that when consumers defaulted on their home loans backed by the two large government-sponsored enterprises, it wasn’t always clear who controlled that loan. Now, the government is trying to clarify the situation. The Federal Housing Finance Agency, which oversees the mortgage-backing giants Fannie Mae… Read More

A Watch That Helps You Make Mobile Payments

Credit Cards

A Watch That Helps You Make Mobile Payments

A Watch That Helps You Make Mobile Payments

While many consumers and companies alike have been focused on the ways in which mobile payments could be made possible using smartphones equipped with near-field communications technology, one bank in Turkey chose to take its option another direction. Garanti Bank, the second-largest privately-owned bank in Turkey, recently came together with MasterCard to create a new… Read More

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