Visa’s Mobile Payment System Will Start This Fall

Credit Cards

Visa’s Mobile Payment System Will Start This Fall

Visa’s Mobile Payment System Will Start This Fall

Visa recently announced that its mobile wallet credit and debit card payment system will formally launch in both the U.S. and Canada later this year, according to a report from the tech news site Computer World. With this system in place, consumers who have a Visa-branded card will be able to load their payment information… Read More

New Legislation Aims to Curb Mortgage Servicer Abuses

Mortgages

New Legislation Aims to Curb Mortgage Servicer Abuses

New Legislation Aims to Curb Mortgage Servicer Abuses

Over one million homes were foreclosed upon last year, and an estimated 8-10 million homes still face foreclosure. As things stand now, homeowners who try to work with their lenders to modify their loans will often find themselves facing a nightmare of lost paperwork, conflicting advice, and delays that ultimately cost them their homes. U.S…. Read More

Financial News Roundup: HSBC Maintains Foreclosure Freeze, Family Healthcare Costs Increase

Personal Finance

Financial News Roundup: HSBC Maintains Foreclosure Freeze, Family Healthcare Costs Increase

Financial News Roundup: HSBC Maintains Foreclosure Freeze, Family Healthcare Costs Increase

Today’s top news headlines feature a significant rise in the amount of money households are paying for medical care and a study revealing many unemployed Americans are seeing their jobless benefits reduced by fees. Plus, find out why HSBC has not lifted its foreclosure freeze. Family Healthcare Costs Nearly Double From 2002 CNN Money Employer-sponsored… Read More

Report: Fannie Mae Still Hungover from Mortgage Party

Mortgages

Report: Fannie Mae Still Hungover from Mortgage Party

Report: Fannie Mae Still Hungover from Mortgage Party

Fannie Mae, the taxpayer-owned company that is the nation’s largest mortgage lender and insurer of new mortgages, lost $6.5 billion in the first four months of 2011, according to the company’s latest financial report. That’s a big change from the previous quarter, when Fannie Mae made $73 million in profit. The loss was due mostly… Read More

A Financial Time-Out With High School Students

Students

A Financial Time-Out With High School Students

A Financial Time-Out With High School Students

High school students are a tough crowd. This afternoon I stopped by Essex Street Academy, a public high school on the Lower East Side in Manhattan, to give a brief talk about money to an auditorium filled with 350 juniors and seniors.  I wasn’t given any parameters, just forty-five minutes and knowledge that most students… Read More

Home Values Continued to Tumble in the First Quarter

Mortgages

Home Values Continued to Tumble in the First Quarter

Home Values Continued to Tumble in the First Quarter

Home values at the end of March were 8.2 percent lower than they were at the same time in 2010, and 1 percent lower than what they were in February, according to the most recent data from the housing market tracking firm Zillow. Currently, the average U.S. home is worth 29.5 percent less than it… Read More

Password Manager LastPass Suffers Possible Data Breach

Identity Theft

Password Manager LastPass Suffers Possible Data Breach

Password Manager LastPass Suffers Possible Data Breach

By Identity Theft 911 A free service that lets consumers digitally store all their passwords for their various website logins now suspects it was hit by hackers, leaving millions of accounts of all types vulnerable. Currently, more than 1 million consumers utilize the password manager LastPass, but now the company, fearful that it has been… Read More

Show Me More

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

Sign Up Now
X

Stay Connected to your experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.