S&P Downgrades U.S. Debt… Will Repo Men Come for Air Force One?
By now, nearly every American should know that a “credit report” and a “credit score” represent a measure of our personal financial integrity. Those reports and scores, for individuals, are kept and...
View ArticleLawmakers Take a Look at Mobile Wallets
Over the last several months, companies in a number of industries have made significant advancements in developing and rolling out mobile wallet payment systems, and now, those platforms are coming...
View ArticleObama Turns Up the Heat on Student Loan Rate Increase
There has been considerable discussion among federal lawmakers in the last several months about the way to best approach coming hikes to student loan interest rates, but little progress has been made....
View ArticleThis Week in Credit News: Congress & Courts Edition
Our nation’s capitol was where all the action was happening this week. With the month coming to a close, deadlines were approaching for Congress to act on student loan interest rates and for the...
View ArticleCFPB Head Faces Tough Questions From Congress
The federal consumer watchdog agency recently celebrated its first birthday, but GOP lawmakers are attacking it as vehemently as ever, questioning why it hasn’t done more to encourage lending to...
View ArticleMoody’s Says U.S. Credit Rating Contingent on Federal Budget
In recent years, partisan politics has led to a number of issues, one of the largest being the downgrade of the United States’ credit rating. Now, one of the top credit rating organizations in the...
View ArticleRetailers Ask Congress to Stop Swipe-Fee Settlement
In the past few weeks, many major retail groups have gone to some lengths to try to stop the proposed settlement between a number of complainants and the world’s two largest payment processing firms...
View ArticleCFPB Complaints Get Extra Protection From Lawmakers
The federal watchdog agency charged with helping to ensure that consumers have all the financial protections they need now encourages Americans to submit complaints about difficulties they’ve had, and...
View ArticleFight to Halt the College Loan Rate Jump Heats Up
Students nationwide, along with some federal lawmakers, are working hard to ensure that school loan interest rates don’t double this summer — something which may hamper many college-aged consumers in...
View ArticleThe Government Agency That Should Fine Itself
This just in from the “It Couldn’t Possibly Get Any Worse” Department: The first wave of checks from the bungled foreclosure abuse settlement landed in mailboxes around the country this week, but when...
View ArticleMedical Debt Gets New Focus in Congress
There has been a lot of focus from lawmakers in recent months on the ways in which medical debts can severely impact consumers’ finances for years. Now, more are moving to do something to help these...
View ArticleCongress to College Grads: You’re On Your Own
George Carlin would have had a field day with the student loan pricing circus currently on display in Congress. To paraphrase one of his epic rants, they care about you while you’re in college, but...
View Article6 Members of Congress With the Most Student Loan Debt
Americans sometimes find it difficult to relate to members of Congress, particularly from a financial standpoint. That’s understandable: Lawmakers are, on average, significantly wealthier than the...
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