Articles tagged in Credit

08.04.11

The Federal Reserve

Samantha Eckles

Whenever you listen to the news, you have probably heard about “The Fed” in some form or another, especially with the current economic crisis. But what exactly is The Fed and why does it matter? Here’s a brief history about The Federal Reserve and the power it has. click to enlarge Use the code below to embed this Infographic: Source:

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05.13.11

Are you financially literate?

Samantha Eckles

There is no doubt that unscrupulous lending practices were a leading cause of the recent recession. However, those practices would not have been able to happen as easily if consumers were better able to question these abusive practices. While the newly created Consumer Financial Protection Agency’s job is to monitor and warn consumers about these practices, they only have limited

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05.09.11

All You Need to Know About Credit Scores

Alex Gutow

When was the last time you checked your credit score? Your credit score describes how well you can manage debt and is used by banks to rate how risky you are to loan money to. An excellent credit score can save you thousands of dollars of interest over time while a poor credit score can prevent you from getting loans

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03.09.11

The CARD Act

Samantha Eckles

For millions of consumers, credit debt is a burden, as is dealing with credit companies. From rate hikes to hidden fees creditors have historically been in control. In 2009, President Obama signed the CARD Act, which established regulations for companies charging consumers. click to enlarge Use the code below to embed this Infographic: Source:The CARD Act

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03.29.10

Identity Theft Breach Impacts Possible 3.3 Million Students

Jonathan Rivers

In another sign for the need of better security and privacy policy control for any company handling sensitive data, Educational Credit Management Corp., a nonprofit guarantor of federal student loans has reported a major theft of “personally identifiable information” involving a staggering 3.3 million students after a break-in last weekend at its Oakdale, Minnesota headquarters. As of date, this may

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03.15.10

Savings and Credit, an Interest Rate Round-up

anastasia

On Tuesday, the Federal Open Market Committee will meet to discuss the outlook of the benchmark interest rate in the coming months. Any dissent among the ten members to Chairman Ben Bernanke’s statements that rates “will remain low”, may change the Fed’s policy going forward. Stay tuned here for updates on the meeting’s progress. See this week’s interest rates from

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03.10.10

Savings and Credit, an Interest Rate Round-up

anastasia

Below is a round-up of this week’s interest rates from the Federal Reserve.

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