We have all heard the worries of many who have a credit score that could be higher, or is just honestly in the dumps. Often this takes people completely by surprise. There are a couple of key ways that people usually ruin their credit scores. One of the biggest is skipping credit card payments. No, [...]
None of us can ever know the future. That’s why it’s absolutely important to have an emergency fund. In times of unexpected crisis, it can be just what you need to pull you back from the brink. It’s also the best kind of insurance, because you don’t have to be “approved” for it — as [...]
The Obama administration has already begun putting new regulations in place for the U.S. finance reform. Deputy Treasury Secretary Neal S. Wolin said today that these changes will make sure that our country will have a “competitive, globally leading” financial system from here on out for years to come. “These reforms will benefit American business [...]
It’s back-to-school season, but U.S. retailers aren’t doing as well when it comes to sales as they’d thought they were going to. While sales at around 30 different stores climbed 3 percent, the estimate had been a 3.2 percent increase, so things were still off. According to researchers, this marks the 4th month in a [...]
A surprising amount of Americans filed for unemployment insurate last week, further adding to the unemployment rate. The new flow of jobless citizens is a clear sign that employers are dropping staff members as payroll increases stopped being enough to keep up with the money that was coming in. In the week of July 31st, [...]
A growing number of college students have decided that there is no longer any point in not renting textbooks. Buying them is infamously more expensive. Often, after a course is over, the books or no longer needed or wanted. In these cases, keeping the book doesn’t make much sense, and sometimes, it’s not very easy [...]
The U.S.economy is “not coming back as quickly as we’d like,” says Treasury Secretary Timothy F. Geithner. He believes that the unemployment rate may actually worsen before it begins to really get better. America’s economy moved at only 2.4 in pace, a rate that was not expected to be that slow. Jobs added in July [...]
MasterCard’s second quarter turned out to have been better than everyone had expected, even the analysts. Their profit spiked up 31%, and shares were up 1.3% in premarket trading. MasterCard has posted a profit of $468 million, an increase from the $349 million of last year. Their shares have gone from $2.67 to $3.49. Revenue [...]
School is once again around the corner. Many Americans are beginning to, or have already started to get ready for for college. The most important part of the preparation process for college is obtaining the finances in order to attend. With the economy and unemployment rate the way it is right now, as well as [...]
Amidst all the problems America is facing today, President Obama has finally found success. The toughest regulation since the Depression has been passed: the finance reform bill. It is over 2,000 pages long, but its main points are simple. The new consumer financial protection Bureau is serious. Not only that, but it will be laying [...]