The Consumer Financial Protection Bureau (Bureau) today released the first episodes of a two-part podcast series for students, parents, and practitioners on managing finances before, during, and after college. The podcast series, Financial inTuition, will include interviews with experts in financial aid, student loans, financial coaching, and planning. The podcasts […]
ABA: 6 Ways to Make the Most of Your Tax Refund
Last year, more than 100 million Americans received an average tax refund of $2,869 deposited back in their bank accounts after filing their taxes. To kick off America Saves Week this year, the American Bankers Association is encouraging consumers to file their taxes as early as possible and offering specific […]
ABA: New Infographic Offers Tips to Protect Members of the Military from Potential Scams
In honor of National Veterans and Military Families Month and Veterans Day, the American Bankers Association Foundation, the Association of Military Banks of America (AMBA) and Better Business Bureau Institute for Marketplace Trust (BBB Institute) have joined forces to educate veterans, active duty service members and their families on financial […]
FEMA: Avoid Another Disaster…Beware of Fraud
Scams seem to follow disasters. Don’t let your guard down and suffer another disaster such as identity theft or paying fees for services that are never provided. Remember, FEMA never charges for services nor does it endorse any commercial business, product or service. All federal employees have an official badge/ID. […]
CFPB: A No-Cost Way to Prepare Your Credit for a Big Purchase
Thinking about buying a house, car, or other big ticket item, and know you’ll be using credit? Before making a big purchase, your first step should be to take a look at all of your finances. Check out these five steps to prepare your finances that won’t cost you a […]
CFPB: Need Help with Your Credit Card Debt? Start with Your Credit Card Company!
If you’re struggling to keep up with credit card bills, you’re not alone. According to a 2017 Bureau report, from 2015 to 2017 overall credit card debt increased by 13 percent, while people with very low credit scores saw their debt rise by 22 percent. Even if you’ve hit a rough spot, […]
CFPB: Get Money Smart about Money Smart Week
During Financial Literacy Month in April, the CFPB joins the Chicago Federal Reserve Bank in celebrating Money Smart Week (March 30-April 6). This event is a great opportunity to teach consumers how to be smarter with their money. Various Money Smart Week activities—like free financial education classes and seminars—are offered […]
CFPB: Get Your Credit on Track with New CFPB Booklet
Today the Bureau is releasing “Want credit to work for you?” the newest addition to the Your Money, Your Goals suite of financial empowerment tools. The third in a series released by the Bureau, this booklet provides eight tools to help consumers through the various stages of building credit, maintaining good credit, […]
ABA: 6 Tips for Spring Cleaning Your Finances
With the arrival of spring, the American Bankers Association is encouraging consumers to add a very important item to their spring cleaning to-do list: organizing their finances. To help, ABA has highlighted six tips for rearranging your financial house. “Spring is the season of renewal, which means it’s time to sweep […]
CFPB: Credit Mistakes that Could Be Costing You Money
Managing your credit can sometimes seem like a lot of work, but it’s essential. Your credit history plays a big role in your financial life. Not only does it weigh heavily in determining the loan terms and interest rates you’re offered, but it can also impact other parts of your […]