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Wednesday, September 3rd, 2014

Personal Finance News

5 Years in: Too Big to Fail

In early October, this past year, New York’s Attorney General Eric Schneiderman vented his frustrations at the lack of any movement being made on the so-called “too big to fail banks”.

Last Personal Finance News Posted on Sep 16, 2013 by Donna McGill Subscribe to RSS Feed

Why is Bank of America Still a Player?

Scandal after scandal after scandal – Bank of America is once again in the regulator crosshairs.

Aug 19, 2013 / by Casey B. Miller / Read More


0% APR for Retail Cards? Be Careful

Retail cards are far different than the traditional credit cards you’re now carrying in your wallet. Deferred interest rates are often misunderstood.

Aug 5, 2013 / by Armin Daker / Read More


Will Rising Mortgage Rates Increase Home Buying?

The Federal Reserve has been assisting the economy by keeping lending rates as low as possible. The idea is that the with lower rates there will be increased spending, increased lending, and a general uptick in the economy. It also …

Jul 31, 2013 / by Kevin Mulligan / Read More


Ready to Pay by Face?

We knew it couldn’t be that far into the future, and as this year has proved, the ability for computers to recognize our faces and then link our credit card information to that image was closer than even we imagined. …

Jul 22, 2013 / by Donna McGill / Read More


Fannie Mae vs. Banks, U.S. Treasury

Seems as though Fannie Mae is morphing into an unpredictable, courtroom-loving entity that it was never supposed to be. But is it because the GSE is actually playing by the rules with a government that changes those rules on a …

Jul 8, 2013 / by David White / Read More


Whose Bad Financial Choices are Worse: Babyish Bieber or Defiant Deen?

Sometimes, one can’t help but wonder if celebrities’ true purposes are to entertain the rest of us, not with their acting abilities, but rather, because of their unpredictable lives and contradictory statements. Whether it’s the Biebs inability to differentiate between …

Jun 28, 2013 / by Donna McGill / Read More


Three-quarters of Americans are Living Paycheck to Paycheck

This may not come as a surprise to the majority of Americans, but a new report reveals what’s going on just below the surface in home across the country. More than 75 percent of Americans are living paycheck to paycheck.

Jun 24, 2013 / by Casey B. Miller / Read More


Detroit Offers Pennies on the Dollar to Creditors

Detroit is on the verge of filing bankruptcy. In fact, according to the city’s Emergency Manager Kevyn Orr, there’s still a “fifty fifty” chance it will find itself on the wrong side of a bankruptcy filing. This is part of …

Jun 21, 2013 / by Armin Daker / Read More


Young Consumers Relying Less on Credit Cards

Seems the recession has brought out the more frugal side in younger Americans. The number of young consumers who rely on credit cards is at a new low.

Jun 17, 2013 / by Donna McGill / Read More


Student Loans and No Solutions

Once again, the Senate failed to pass any kind of bill that would prevent the rates on student loans from doubling later this summer.

Jun 14, 2013 / by Armin Daker / Read More


Credit Card Stereotyping in Advertising

After seeing a series of credit card offers in nearly every media outlet, it would seem as though there are credit card stereotyping efforts that run rampant in the country.

Jun 10, 2013 / by David White / Read More


Capping Off the Financial News Week

It’s been a doozy of a week for American consumers. From the new unemployment numbers a few hours ago that reveal an uptick in unemployment claims to the bombshells that are dropping about the American government collecting untold numbers of …

Jun 7, 2013 / by Casey B. Miller / Read More


Despite Data, We’re Not Financially Recovered

The latest report from the Federal Reserve Bank of St. Louis comes as little surprise to most. The message: Contrary to government insistence, American households have not financially recovered from the housing bubble and financial crisis.

Jun 3, 2013 / by Donna McGill / Read More


Memorial Day Cyber Attack That Almost Happened

It’s been called “gigantic”, “massive” and “the largest attempt ever”. Those adjectives are being used to describe the cyber attack that almost was on Memorial Day.

May 31, 2013 / by Armin Daker / Read More


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