51% of Americans Will Set a 2021 Money Resolution, and Getting Rid of Debt Tops the List

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. By MagnifyMoney.com Dec 16, 2020 Updated Dec 16, 2020 CHARLOTTE, N.C., Dec. 16, 2020 /PRNewswire/ — Despite the general chaos of 2020, more than half of Americans will make a money resolution for 2021, and another 16% …

Serious delinquencies down, but borrowers face challenges ahead – TransUnion

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. by Ryan Smith 24 Sep 2020 Serious delinquency rates dipped in September for mortgages and other credit products – but potential challenges remain ahead for borrowers, according to a TransUnion report. Serious delinquency …

Fed Consumer Finance Survey Reveals Online Banking Usage, (Slightly) Higher Debt Burdens

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information.The Fed’s latest Survey of Consumer Finances might come with a caveat: The data measure a period that may seem long ago and far away — the time before COVID, of course. But they …

Tackling the Affordable Housing Crisis

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. New joint venture aims to raise $1 billion for affordable housing. By Kimberly Latimer-Nelligan, Andrea R. Ponsor, and Lori Little As a nation, we are facing crisis after crisis. More than 200,000 Americans …

83% of Americans See Improving Financial Health as Primary Motivator for Staying on Top of Bills

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information.. Latest doxoINSIGHTS consumer survey data also shows top consumer bill pay concerns are hassles of multiple logins and anxiety about biller securityAugust 27, 2020 08:00 AM Eastern Daylight Time SEATTLE–(BUSINESS WIRE)–doxo, the …

Lenders Tighten Credit Requirements Amid New Reporting Rules

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason is that banks can no longer easily determine who is …

Transunion study shows renters are managing their debts

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. A new study from the credit firm Transunion shows that consumers are still managing their debts in way that may ease most landlords’ concerns, even as many are struggling with finances due to …

11 Options If Your Small Business Can’t Pay Its Bills Due to Coronavirus

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information.by Gerri Detweiler March 31, 2020  BUSINESS FINANCING Coronavirus is having a significant impact on many small businesses already and no one knows how long or how hard the economy will be affected. If you are …

The coronavirus pandemic’s looming credit crisis

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. Widespread unemployment and economic hardships from COVID-19 will create a credit crisis that could further delay economic recovery. Rebecca Steele – Opinion contributor USA Today  As the nation slowly gets back to work …

More Americans using credit cards than cash for food

DISCLAIMER: As the COVID-19 public health situation evolves, new regulations are being continually issued. This page/story/information may not include the most recent information. More Americans are relying on credit cards to buy essentials, like groceries, and conserving cash as the unemployment rate skyrockets as a result of the coronavirus pandemic. Overall credit card spending fell 40 percent during March and …