Credit Cards

May 9, 2017

Millennials’ Debt Load Could Weigh Down Economy

Millennials — 21 to 34-year-olds — hold an estimated $1.1 trillion of the country’s $3.6 trillion in consumer debt, according to UBS, as rising student and […]
May 5, 2017

What to Buy in May

As warm weather moves in and the school year winds down, May is the time to prepare for summer celebrations. Stock up for graduation parties and […]
April 27, 2017

Millennials Warm Up to Homeownership

For the second year in a row, Bank of America has conducted its Homebuyer Insights Report, which explores the attitudes, behaviors and preferences of current homebuyers. […]
April 26, 2017

Over 40% Students Don’t Make School Loan Payments

More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising […]
April 24, 2017

Consumer Defaults Predicted to Rise in 2017

About 17% of all U.S. consumers are likely to default on a loan payment over the next year, according to a recent report from UBS. More […]
April 21, 2017

1.4 Billion Data Records Compromised in 2016

Cyber attackers launched 1,792 data breaches in 2016, which led to almost 1.4 billion data records being compromised worldwide, according to the newly released Breach Level […]
April 17, 2017

Student Loan Debt May Have Adverse Long-Term Impact

Rising student loan debt in the United States could ultimately hurt overall home ownership and consumer spending and erode colleges’ and universities’ ability to elevate lower-income students.  New […]
April 12, 2017

Banks Rethink Credit Scores as Changes Take Effect

Come July, TransUnion, Experian and Equifax will no longer include information about tax liens and civil judgments on a consumer’s record if the data doesn’t include […]
April 11, 2017

Home Equity Loans on the Rise

Mortgage lenders, along with borrowers, are starting to welcome home equity lines of credit back into the market after the loan product began to disappear in […]