Equifax’s Ken Allen warns that “synthetic” fraud is a mounting problem for auto lenders. “The personal identifying information could be […]
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More People Are Now Checking Their Credit Scores
A new poll of more than 1,000 consumers finds that about 57 percent have checked their credit scores in the […]
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Mortgage Rates Charge Back, Moving Toward Yearly Highs
Freddie Mac reports that the average 30-year fixed mortgage rose to 4.62 percent this week, its second-highest level this year, […]
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Fed Raises Interest Rates, Sets Stage for Two More Increases in 2018
Federal Reserve officials hinted yesterday that they might step up the pace of interest-rate hikes this year and next. Policymakers […]
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Borrowing Costs Climb Along With Fed Rate Increases
Borrowing costs for consumers have risen as the Federal Reserve continues to tighten monetary policy. Freddie Mac says the average […]
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Free Personal Finance Classes Can Help You Avoid Expensive Mistakes
The American Financial Services Association (AFSA) Education Foundation has unveiled its updated MoneySKILL financial literacy program, which offers classes in […]
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Car Payments Hit a Record High
Experian’s State of the Automotive Finance Market Report estimated that the average new vehicle loan reached a record $31,455 in […]
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Credit Card Interest Rates Surge Over 17 Percent for the First Time Ever
The average variable rate across credit cards tracked by Bankrate surpassed 17 percent for the first time on May 30th. […]
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Mortgage Rates Rising at a Pace Not Seen in Almost 50 years
Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages was 4.66 percent, up from 4.61 percent last week, […]
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FTC to Prioritize Deceptive Debt Collection in 2018
The Federal Trade Commission and Consumer Financial Protection Bureau earlier this year issued a joint report to Congress detailing their […]
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