The Latest Debt & Finance Blog
I stumbled upon one of those online calculators the other day. It’s the one that shows you how well you’re budgeting money for retirement savings, and it returned some distressing…
There is a family that is famous all over America for maintaining the appearance of wealth for the benefit of others. You know them as the Joneses. They have the…
I took $20 the other night to the only restaurant I eat at – the one that gives half off everything on Tuesdays – and felt confident I had more…
Americans are taking out more loans than ever to pay for college and defaulting on them in record numbers. Politicians, most notably U.S. senators Dick Durbin, D-Ill., Jack Reed, D-R.I.…
Christmas, as you might imagine, is a tough holiday for people like me. The premise of the holiday is no longer about giving or even receiving. It’s about spending. We…
The Consumer Financial Protection Bureau (CFPB) sounded the alarm about online loan services, filing a lawsuit against CashCall Inc., for collecting exorbitant amounts of money the bureau says consumers didn’t…
It’s hardly a surprise that loan consolidation is a popular option for people looking to lessen the burden of their student loan debt. Too many students today graduate with too…
Democrats finally scored a victory in the U.S. House of Representatives on Thursday, joining Republicans to pass the Bipartisan Budget Act by a stunning margin of 332-94. The unanticipated truce…
The inevitable collision between year-end spending and budget restrictions is making this an uncomfortable holiday season for two vital groups in the American economy: Consumers and the federal government. American…
A new government report shows the U.S. Department of Education generated $41.3 billion from federal student loans in the 2013 fiscal year, making it the third most profitable industry in…