The Latest Debt & Finance Blog

Scanning the EMV Card

Walmart Ahead Of Competitors With EMV Cards

By Bill Fay | October 7, 2015

While most retailers in the United States struggle to catch up to the new EMV chip technology for credit cards, Walmart has been ready for nearly a decade. The nation’s…

Debt is Due Now On Paper

CFPB Orders Debt Collection Agencies To Refund Millions

By Bill Fay | September 10, 2015

The 77 million Americans pursued and often harassed by debt collection agencies won a moment of relief when the Consumer Financial Protection Bureau (CFPB) ordered the nation’s two largest debt…

Man Filing Papers For Bankruptcy

3 Reasons To File For Bankruptcy

By Bill Fay | June 22, 2015

There aren’t many words in the English language less understood and more avoided than bankruptcy. “There definitely is a stigma attached to it,” Jeff Badgley said. “When people hear it,…

Cup of coffee and a gift for Father's Day

Father’s Day Financial Advice … You Get What You Pay For!

By Bill Fay | June 8, 2015

Father’s Day is just around the corner and I think it’s time to change the way we celebrate the occasion at the Frugal Man’s house. I think I will do…

Graduation with many happy students

Attention 2015 college graduates: You just started a six-month grace period. Most of you, anyway.

By Bill Fay | June 5, 2015

There are approximately 2.8 million college graduates this year and 75 percent of them – 2.1 million people – borrowed an average of $35,000 to pay for that diploma. That…

Happy man with a new cellphone.

Stuck With Bad Credit Score? T-Mobile Offers Some Relief

By Bill Fay | May 26, 2015

Advertisers have teased American consumers forever with deals too good to be true and today’s boasts are more enticing than ever: Zero-percent financing on a new car and some credit…

Couple Stressed out over Finances

Most Americans Still Stressed Over Money

By Bill Fay | May 4, 2015

If money is causing stress and anxiety in your house, take it easy. You’ve got company. The same thing is happening in the house next door. And the one across…

Save money while helping the planet

Save Some Money While Saving The Planet

By Bill Fay | April 22, 2015

Most people know their financial footprint in the world, but probably couldn’t tell you their carbon footprint on the planet. Earth Day celebrations, which happen every year on April 22,…

prepaid card

Prepaid Cards Gaining Popularity, Despite Fees

By Bill Fay | April 14, 2015

Would you pay your bank $5 a month (or more?) just so you can withdraw money you have deposited there? As absurd as that sounds, a growing number of consumers…

woman in despair over finances

Katy Learns the Cost of Financial Ignorance

By Bill Fay | April 9, 2015

McClary, B. (2015, April 7) Americans Are Overly Confident When It Comes to Finances, Yet Unprepared For The Future. Retrieved from https://www.nfcc.org/press/multimedia/news-releases/americans-are-overly-confident-when-it-comes-to-finances-yet-unprepared-for-the-future/
NA, (2013, January) College Students are Put to the Test: The Attitudes, Behaviors and Knowledge Levels of Financial Education. Retrieved from file:///C:/Users/bfay/Downloads/Inceptia_FinancialAptitudeAnalysis_researchbrief.pdf
http://newsroom.transunion.com/one-third-of-americans-have-never-checked-their-credit-report-reveals-transunion-study

Sources:

  1. Heggestuen, J. (2014, March 5) The US Sees More Money Lost To Credit Card Fraud Than The Rest Of The World Combined. Retrieved from http://www.businessinsider.com/the-us-accounts-for-over-half-of-global-payment-card-fraud-sai-2014-3
  2. Tobey, P. (2014, August 14) United States is the champion o credit card fraud – but Europe is catching up. Retrieved from http://www.washingtonpost.com/news/morning-mix/wp/2014/08/14/united-states-is-the-champion-of-credit-card-fraud-but-europe-is-catching-up/
  3. NA, (2015, September 16) Credit card fraud and ID theft statistics. Retrieved from http://www.nasdaq.com/article/credit-card-fraud-and-id-theft-statistics-cm520388
  4. Issokson, J. (2015, September 30) MasterCard: U.S. Consumers and Merchants Benefit from Security of Chip Cards. Retrieved from http://newsroom.mastercard.com/press-releases/mastercard-u-s-consumers-and-merchants-benefit-from-security-of-chip-cards/