A recent study shows that credit scores not only vary between two different income brackets or educational attainment but also from generation to generation. The information gathered from the survey sheds new light on the question of the correlation between age and debt more closely.  Breaking Down the Numbers According to the latest data, those …

Payday loans can seem like a financial quicksand – fast and short-term solution for people who need emergency cash. Payday lenders have sprung up everywhere in an attempt to persuade you into lending cash. In recent years, the government has unraveled the $40-billion industry, which they accuse of loan sharking and credit fraud. As a …

With gas prices approaching $2.70 per gallon, it makes sense that consumers would look for ways to cut their budgets and even cut the occasional corner. More than 43 million people had gas cards in 2017, according to the U.S. Department of Energy. Credit cards that return cash are becoming increasingly popular as consumers look …

As part of our ongoing series about savings, clever spending, and retirement planning, we have collaborated with the best financial experts from around the world. How much do you currently have saved for retirement? Most Americans rely on a paycheck to supplement their basic needs and have invested in individual retirement accounts because, for them, …

Debt clock has reached unprecedented levels and continues to grow each year. Here is how debt is affecting Americans today. Survey shows that Americans are more likely to suffer from financial stress than heart attacks, strokes, and diabetes. It is a dangerous, silent killer that most Americans wear as a badge of honor, a symbol …

Along with the astronomical rise in tuition costs, the burden of student loans, and the cost of tuition fees have risen. If you are having trouble keeping up with your student loans, you may be thinking about consolidating your credit and forgiving your loans. Lending is a special program open only to certain borrowers, but …

Let’s forget that for a minute: in March 2018, the US national debt was over $21 trillion. The US National Debt, “US Treasury’s annual report on the state of the US national debt, March 2017. By comparison, at the same time, total household debt in the US was more than $13.5 trillion, and the nation’s …

Every year, tens of thousands of US citizens struggle to avoid bankruptcy for a variety of reasons, from medical bills to irresponsible loans. Whatever the reason for the financial uncertainty, dealing with these issues can help you maintain a decent credit rating and improve your chances of making ends meet on a monthly basis. Here …

If you file for bankruptcy, the far-reaching impact on your life may be greater than you imagine. Not only are you potentially bankrupt, but bankruptcy can also prevent you from receiving loan payments from your reverse mortgage. Learn how bankruptcy and repayment of your mortgage are related and learn more about how they are related. …

Aspiring students face many challenges when they decide to go to college and apply for student loans. There are many choices to be made when deciding which secondary school to go to, and the types of schools can have an impact on the different forms of funding available to you. So which options do you …