Employment

June 30, 2015

90% Of Student Loan Borrowers Denied Co-Signer Release

Private student loan lenders rejected nine out of 10 co-signers who applied for a co-signer release from the loans, a service the lenders and servicers often […]
June 29, 2015

Are You Invisible to Creditors?

Are you a “credit invisible?” The Consumer Financial Protection Bureau defines credit invisibles as those adults whose credit histories are so limited that they don’t have […]
June 25, 2015

Most Consumers Still Intimidated By Home Buying Process

Today, fewer consumers believe that it is difficult to get a mortgage compared with last year. However, the majority of respondents to an Ipsos and Wells […]
June 23, 2015

29% of Americans Have No Savings

Almost 3 in 10 Americans say they have no emergency savings, according to a survey just released by Bankrate.com.  That’s the highest number since Bankrate began […]
June 22, 2015

Foreclosure Activity Hits 19-Month High

US foreclosure activity reached a 19-month high in May as bank repossessions of homes continued to rise across the country. That doesn’t mean the housing market […]
June 19, 2015

Will Kids Raised During Recession Have a Fear of Credit?

It’s not very surprising that clients of Young Americans Bank, which focuses on kids and college-age adults, are afraid of credit. But the worry is that […]
June 18, 2015

Private Student-Loan Delinquencies are Declining

The Consumer Bankers Association praised banks’ discipline on managing credit quality for student loans after a report showed a drop in delinquencies.  Both early- and late-stage […]
June 16, 2015

U.S. Households Post Record Net Worth

The net worth of U.S. households and nonprofit organizations – the value of homes, stocks, and other assets minus debts and other liabilities – rose about […]
June 15, 2015

Renting a Home Outweighs Buying in Some Cities

The latest national housing market index produced by Florida Atlantic University and Florida International University indicates it is becoming more favorable for renters than buyers in […]