We tapped 10 experts in saving, spending and budgeting and asked each of them to offer their single most important piece of advice for people who want to improve their finances.
The number of retail credit card accounts in late-stage delinquency is at a six-year low, according to Fitch Ratings, and charge-offs are down 38% from a little over two years ago. But will this new stability last?
After the recession, many Americans began cutting back and slowly chipping away at their household debt. Unfortunately, this noble effort seems to have tapered off, according to a new University of Michigan study. In fact, according to the study, one in every five households now owes more in credit cards, medical bills, student loans and other debt [...]
As politics triumphs over policy, underlying facts about student loan levels go ignored along with an opportunity to help students make better enrollment and borrowing decisions.
Colleges are slamming graduating students with credit card offers that sound sincere but amount to a hard sell. Yes, the right card will help build a good credit score. But watch out for the accompanying advice on how to go about it.
Having a medical crisis that lands you in the hospital is stressful enough, but there’s a disturbing new trend that’s so bad, it makes the indignity of wearing a hospital gown pale in comparison. Debt collectors are masquerading as hospital workers and demanding that sick people cough up payments for old medical bills before receiving [...]
“Ignore them and they’ll go away” is great advice for some of life’s annoyances. Unfortunately, it doesn’t apply to taxes. While the IRS has taken great pains to rehab its scary image (and is actually pretty decent to deal with), it still can and will go after people who blow off their taxes and deliver [...]
Callers from India — often posing as U.S. police officers — called at least 600,000 people across the U.S. about fake debts and took more than $5 million in real money, the Federal Trade Commission announced Wednesday.
The Class of 2012 may be surprised to hear that they need to start saving…right now. Here are 6 ways to make saving for retirement both painless and bulletproof.
Student loans are placing a burden not just on America’s young — nothing new there — but on America’s seniors as well.
An alumni network at 40 universities looks to make student loans more affordable while cutting the default rate and providing lenders with a decent return.
