Credit

November 23, 2015

Financial Fraud is a Growing Epidemic for Seniors

Seniors lose at least $2.9 billion annually to financial exploitation, and roughly 1 in 5 Americans aged 65 or older have been victimized by financial fraud, […]
November 20, 2015

Can Churches and Nonprofits Boost Homeownership?

As part of a broader effort to attract more potential borrowers to its 3% down payment home loan product, the government-sponsored Freddie Mac is reaching out […]
November 19, 2015

More Renters Considering Home Ownership

An increasing number of renters are considering whether to purchase a home, according to a new TD Bank survey.  About 50% of renters are likely to […]
November 17, 2015

The Dark Art of Buying Back Stolen Credit Card Data

There are many potential buyers of stolen bank account data, including the banks themselves. But fraudsters are increasingly reluctant to sell their data back to its […]
November 16, 2015

Number of First-Time Home Buyers Falls to 28-Year Low

The portion of homebuyers making their first residential purchase fell for a third straight year, and is now at the lowest level since 1987.  The share […]
November 13, 2015

The 10 Commandments of Personal Finance

Personal finance is all about how you handle money. It’s about earning, saving, investing and spending. Over time, we learn certain “best practices” when it comes to […]
November 12, 2015

Are Banks Failing to Educate Consumers About EMV?

With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.  According to one recent poll, […]
November 11, 2015

In the Know: The New Student Loan Repayment Plan

The U.S. Department of Education released two regulatory packages addressing products and payment plans directed at student borrowers.  The revised Pay as You Earn plan, known as REPAYE, […]
November 10, 2015

Auto Loans Hit All-Time High

Automobile lending reached its highest level ever at the end of the third quarter while showing few signs of credit weakness, according to a recent Experian […]