Credit Cards News. Tag: 'income'
This week, President Obama made proposals for fixing the worsening student loan debacle.
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? …
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 …
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 …
As the summer draws to a close, high school graduates (and their sobbing parents) begin to prepare for college.
Financial troubles of all types are a big cause of nervousness and worry for countless Americans.
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.
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.
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.
In Washington a political tussle has allowed lenders to keep on offering finance that consumer groups are worried that may seem rapacious.
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.
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.