Category: Personal Finance

Chime, a new type of bank account that helps members avoid fees and save money automatically, announces “Save When I Get Paid”, which allows members to automatically transfer ten percent of every paycheck to their Savings account. Members can enroll in the program with one tap from the Chime app....

About three in 10 credit cardholders (31%) have never redeemed credit card rewards, according to a new Bankrate.com report. The survey found that cardholders typically gravitate to one extreme or the other, redeeming their rewards points/miles frequently (38% did so within the past six months) or not at all. Credit...

With college acceptance letters arriving in the mail, students and their families throughout the country are celebrating. And with good cause: A higher education is one of the most important credentials in obtaining employment in today’s labor market. But, as the average cost of a college education has swelled over...

The national average APR on new card offers inched up again this week, according to the CreditCards.com Weekly Credit Card Rate Report. The average is comprised of 100 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category....

College Choice, a leading authority in college and university rankings and resources, has published a ranking of the 30 Best Online Bachelor’s in Elementary Education Degrees for 2017. http://www.collegechoice.net/rankings/best-online-bachelors-in-elementary-education-degrees/ For those wanting to enter the profession, a bachelor’s degree in education is an excellent way to go. The degree provides...

Ten years after the financial crisis, our nation’s middle-income Baby Boomers are increasingly reliant on Social Security for their primary source of retirement income, according to a new report that details the mindset of current and soon-to-be retirees. The study, “10 Years After the Crisis: Middle-Income Boomers Rebounding But Not...

Analytics software firm FICO (NYSE:  FICO) today announced that its FICO® Score Open Access program has achieved a significant milestone in consumer financial empowerment – more than 200 million consumer credit and loan accounts in the U.S. now include free access to the FICO® Scores used by lenders to manage those accounts.  The FICO® Score Open...