Officials of the state’s credit union regulator used words such as positive, encouraging and surprised Wednesday to describe the figures they reported in the Kansas Department of Credit Unions’ Second Quarter 2010 Call Report Statistics. [...] Continue Reading…
A recent report shows the proportion of Americans who have FICO credit scores below 600 – a level that makes it nearly impossible to get loans – has risen to 25.5 percent, up from 24.1 percent two years ago. The likely cause: rising unemployment and bad.. [...] Continue Reading…
Interest rates on new credit card offers were unchanged, according to the CreditCards.com Weekly Credit Card Rate Report, following the return of the NFL Extra Points Rewards credit card. [...] Continue Reading…
North Carolina State Employees’ Credit Union (NCSECU) offers a program that helps customers avoid overdraft fees. Can such innovations lure customers away from big banks? [...] Continue Reading…
Consumer credit card debt fell by more than $4 billion in July, a record 22nd straight monthly drop, according to the latest Federal Reserve data. [...] Continue Reading…
Americans are shunning their credit cards and using debit to avoid incurring more debt, according to a research report [...] Continue Reading…
With a continued increase in non-revolving credit partly offsetting a decrease in revolving credit, the Federal Reserve released a report Wednesday afternoon showing that consumer credit fell by less than economists had expected in the month of July. [...] Continue Reading…
WASHINGTON (MarketWatch) — U.S. [...] Continue Reading…
Americans now owe more in student loan debt than they do for all credit card debt, according to a recent report published by the financial aid information website FinAid.org. Host Michel Martin talks to Mark Kantrowitz, publisher of the research, about why student loan debt has hit a record high [...] Continue Reading…
The economy has shown “widespread signs” of slowing over recent weeks, the Federal Reserve said on Wednesday in a report suggesting the recovery was faltering along the East Coast and in the Midwest. [...] Continue Reading…
