If you have been rejected for a loan, credit card, or mortgage, it is usually because your credit score has been deliberately stagnant probably due to missed payments. Rejection is somewhat hard to accept, especially if the reason for the refusal is not clear.
Lenders make use of credit scores to [...]
There is only one word that describes identity theft, FRAUD. When someone steals your identity they not only steal your name but also control your credit history, credit score and have access to all of your assets. While you may have spent years carefully managing your finances to give you [...]
It is cheaper to learn from other people’s mistakes than to learn from trial-and-error. That’s why it is important to find out the experiences of people who have “been there, done that” especially with regards to financial management. Some wish they can go back to their 20’s to undo the mistakes of the past. Meanwhile, [...]
Recently, there has been a major development that changed the way Americans looked at money management. As the US economy struggled to recovery, ordinary citizens have had to cope with the “new normal”. No longer are credit, loans, and credit cards offers as abundant as they used to be. People are being forced to adapt [...]
Debt counseling is a procedure that explains the many different ways of eliminating personal debt to a consumer. Debt counseling companies are not only really good in that field, but are also experts in the country’s financial laws. They give the debtor information about all the important and possible terms and conditions that will pull [...]
Celent fielded a survey among North American financial institutions in July to better understand the current state branch technology environment as well as likely midterm and longterm evolution. The results were surprising.
CUs have a much more advanced branch environment. Compared to banks:
– 34% more use teller cash dispensers, 8% more use teller cash recyclers
– 25% [...]
Chase appears to be in the middle of a massive outage affecting millions of online banking customers. Reports of the outage started to surface yesterday evening, and as of 4:00pm ET today, the site is still down. Chase’s website indicates that the site is down due to “scheduled system maintenance.” Huh? I can’t say I [...]