Every year, the Consumer Federation of America (CFA) and VantageScore Solutions work together to produce the Annual Credit Score Survey. This survey examines how much Americans actually know about the credit system. With the average credit score reaching a record...
When Leigh McIlvaine first learned that her student loan debt could be forgiven, she was thrilled. In 2008, at age 27, she’d earned a master’s degree in urban and regional planning from the University of Minnesota. She’d accrued just under...
Most people who get retirement benefits from Social Security get the bulk of their income from their monthly benefits. Because they don't have many other sources of money to pay for living expenses, the annual cost-of-living adjustments (COLAs) that Social...
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the $23,000 he invested in several digital tokens is worth...
If you’ve ever stepped into the ring with an identity thief, you are probably familiar with a credit freeze. Credit freezes are an incredibly helpful line of defense in protecting your credit, but like everything else that’s good in life,...
The financial state of Social Security is worse than the government says it is, according to the Wharton School of Business at the University of Pennsylvania. The situation is direr than the Social Security Trustees estimate because they are not...
An airline credit card with an insane rewards program was released recently and you just have to have it. Or, the apartment of your dreams just popped up on Padmapper and you need your name on the callbox, like, yesterday....
As young people take steps toward their future and eagerly prepare to enter the world of higher education, they are now faced with the seemingly inevitable notion of graduating with at least some student loan debt. While students intend to...
New data reveals that Americans are keeping a sizeable chunk of their assets in cash — and losing out on returns as a result. In February, we learned that most Americans are behind on emergency savings, with more than half...
You’ve got financial questions. The internet’s got answers. So do friends, family members and late-night TV money gurus. But sometimes you need a professional who can provide money advice that’s tailored specifically to your needs. And that raises more questions:...
Many millennials are stretching financially to buy homes. Members of this younger generation are exhibiting risky behavior when coming up with a down payment to buy a home, with about 1 in 3 (29 percent) saying they raided their 401(k)...
You've watched your children or relatives celebrate college graduation, move to new cities and start first jobs. You might be settling into life with an empty nest, or simply enjoying one less person in the house. That is, until your...
More than 70% of Americans fall short of the often-recommended level of emergency savings, according to a new Bankrate.com report. And many have no emergency savings at all. According to the report, 23% of Americans have no emergency savings whatsoever,...
Millennial men don't mind risky investments like Bitcoin, or boosting their money knowledge with the help of the financial media. But their female peers are wary of risk, leery of the unregulated world of cryptocurrencies and more apt to gain...
On the final day in his insurance job last week after 14 years in the sector, Donnie wore a T-shirt emblazoned with a rocket logo, the symbol for bitcoin, and the slogan "to the moon". The phrase, one that characterizes...
