New Rules for College Campus-Sponsored Debit and Prepaid Credit Cards

The Department of Education has issued new rules for campus-sponsored debit and prepaid credit cards that are directly linked to financial aid disbursements. While many financial institutions have partnerships with colleges to market these products as financial aid tools, consumer groups argue that they sometimes come at a high cost to students. As a result,… Read More

Vacations tend to come with baggage: Credit card debt

USA Today | Anita Balakrishnan

reposted from: USA Today by: Anita Balakrishnan June 29, 2015 Summer is time for a well-earned vacation — except some have earned it more than others. Almost half of people are jetting off without saving enough in advance, according to a new study. Forty-six percent of people said they paid for a vacation by credit… Read More

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Possible Relief for Consumers with Low Credit Scores

Changes to a widely used credit score may make it more likely for consumers struggling with low scores to obtain loans. Fair Isaac Corporation’s newest FICO® credit scoring model will change certain aspects of how it computes the information on an individual’s credit report. The changes come in the wake of discussions with lenders and… Read More

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Clean up Your Finances

Springtime is as good of a time to clean up your finances, as well as your home and yard.  One piece that often gets overlooked even after extensive financial and investment planning, is your credit report and score.  These are important pieces of your financial picture that can benefit from occasional monitoring. You are entitled… Read More