Credit Cards News. Tag: 'income'
10 Credit Myths
You may know the rules of the game when it comes to unsecured debt – including credit cards and student loans, but do you know what doesn’t affect a credit score? What is or isn’t reported to the credit bureaus? …
CFPB New Ability to Repay Rule
The Consumer Financial Protection Bureau (CFPB) has been promising changes in the way mortgages are written in this country and as promised, it’s now delivered what it refers to as the Ability to Repay Rule. The goal was simple: to …
New Student Loan Data
It’s a boost for consumer borrowing, but some analysts are worried. A new report that came out this week revealed Americans took out more student and auto loans in September in record numbers. Total consumer borrowing rose $11.4 billion in …
Credit Options and Alternatives For College Students
As the summer draws to a close, high school graduates (and their sobbing parents) begin to prepare for college.
Is Your Credit Causing Stress?
Financial troubles of all types are a big cause of nervousness and worry for countless Americans.
Hawaii Set To Crack Down Predatory Lenders
This past week, the First Circuit court of Hawaii saw a lawsuit filed which charges seven separate companies and their subsidiaries with signing customers up for protection programs without asking.
1099-C Forms Cause Tax Mess
It is estimated that up to 6.3 million taxpayers have recently received 1099-C forms that are for reporting the cancellation of debt income.
Do Not Panic If You Have Received A 1099-C
The last many weeks has seen a flood of questions from the taxpayers who have become very upset after receiving 1099-C or 1099-A forms for debt which were in actual forgiven or never paid or were extinguished in bankruptcy.
Tax Preparation Loans Live to Fight Another Day
In Washington a political tussle has allowed lenders to keep on offering finance that consumer groups are worried that may seem rapacious.
Financial Literacy Has Direct Bearing On Wealth
A new paper published by the National Bureau of Economic Research indicates that if a consumer wants to avoid arriving at their retirement with no assets, then they must improve the financial literacy of their household.
Growing Trend For Retailers Offering Gas Incentives
According to the latest AAA Fuel Gauge Report, American consumers are now spending between 5 and 10 percent of their income on gas for their vehicles.
Credit Card Payments Are Mixed Blessing for Cab Drivers
The city of Boston recently mandated that all cabdrivers were to accept credit card payments. This has been a mixed blessing for cabdrivers.
american express amex balance transfer bank bank of america business capital one cash back chase citi citibank consumers credit card credit card companies credit card debt credit cards credit score customers debit debit card debit cards debt discover fees increase interest loan MasterCard money payments protection purchase rate recession report revenue reward rewards savings shopping transaction transactions travel visa wells fargo
Featured Card
* * *