Some Businesses No Longer Accepting Credit Cards

Credit Cards

Some Businesses No Longer Accepting Credit Cards

Some Businesses No Longer Accepting Credit Cards

Many merchants large and small have recently made the decision to reduce the amount of credit and debit card transactions they will accept because they feel that the payment processing networks charge too much for doing so, according to a report from the Los Angeles Times. Typically, these fees can add up to as much… Read More

Is Student Loan Consolidation Right For You?

Students

Is Student Loan Consolidation Right For You?

Is Student Loan Consolidation Right For You?

Student loan balances recently surpassed credit card debt for the first time in history, with young adults graduating with an average of $24,000 in loans. Under so much financial pressure, some may consider loan consolidation. Before taking that step, however, it’s important to weigh the pros and cons. Pros 1. Consolidation allows you to lock your loans… Read More

Massachusetts Saw Fewer Foreclosures in May

Mortgages

Massachusetts Saw Fewer Foreclosures in May

Massachusetts Saw Fewer Foreclosures in May

The latest statistics from the Warren Group, a Boston-based real estate tracking company, showed the total number of homes seized for nonpayment in the Bay State slipped to just 454 in May, according to a report from the Boston Globe. This was a drop of 65 percent from the 1,294 observed during the same month… Read More

Mortgage Applications Slip Despite Lower Interest Rates

Mortgages

Mortgage Applications Slip Despite Lower Interest Rates

Mortgage Applications Slip Despite Lower Interest Rates

The total number of mortgage applications filed in the U.S. for the week ending June 24 fell 2.7 percent even as interest rates dropped for both 15- and 30-year fixed-rate loans, according to the latest weekly statistics from the Mortgage Bankers Association. The largest decline was seen in the number of applications for new purchases,… Read More

Nyah, Congress! No Recess for You!

Personal Finance

Nyah, Congress! No Recess for You!

Nyah, Congress! No Recess for You!

Republicans in Congress are so worried that President Obama might name someone to lead a new consumer watchdog agency that they’re refusing to go home. And they’re using a little-known parliamentary rule to keep the Senate cooped up in Washington, D.C., too. At this rate, the fight over Elizabeth Warren, the de facto chief of… Read More

Follow Friday: Weekly Web Roundup (7/1/11)

Personal Finance

Follow Friday: Weekly Web Roundup (7/1/11)

Follow Friday: Weekly Web Roundup (7/1/11)

With credit scores being more important than ever, debit fees on the rise and the changing need for credit as life goes on—we’re here to offer you the best advice the web has to offer. Take a look at this week’s selections to get a good read on where you stand, or where you would… Read More

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