Procrastination can have far-reaching effects on important activities and decisions, such as completing tasks at work, obtaining medical treatment, and saving for retirement. A study of more than 22,000 people suggests that chronic procrastinators tend to have lower salaries and a higher likelihood of unemployment.
Jessica Francese
Who Controls the Cash?
Once upon a time in American marriages, the husband “brought home the bacon” and made all the big financial decisions, and the wife received a “household allowance” to buy groceries and other everyday necessities. Today you might need to watch a 1950s sitcom to find that dynamic.
FICO Gives Millions a Path Toward a Decent Credit Score
There is already evidence that a new credit-scoring approach by Fair Isaac Corp. will provide a pathway to decent FICO scores for some consumers who currently don’t have traditional scores.
Credit Repair: How to Help Yourself
You see the ads in newspapers, on TV, and online. You hear them on the radio. You get fliers in the mail, email messages, and maybe even calls offering credit repair services. They all make the same claims: “Credit problems? No problem!”
Why college students need to worry about their credit score more than anyone else
The last thing on most college students’ minds is their credit score. But at the same time, this number will define their financial lives for years to come. And making poor choices today could impact their lives for decades.
Don’t Get Taken by Wire Transfer Scams
Using a bank or a money transfer company to “wire” funds electronically is an easy and convenient way to send cash to someone. And when consumers wire money to people they know, the transaction typically takes place without a problem. But wiring money to strangers – in the U.S. but especially in another country – is risky because often they could be scam artists.
Beware of Student Loan Debt Relief Offers
If you’re among the millions of current or former students with debt, you’ve probably been tempted to click on an ad that says, “Obama Wants to Forgive Your Student Loans!” or “Erase Default Statuses in 4 – 6 Weeks!” or some equally enticing student loan debt relief offer … available only if you click or call NOW!
New Research: Payday loans become gateway to long-term debt
In the latest of a series of research reports, the Center for Responsible Lending (CRL) has found that payday loan customers remain indebted double the time that the Federal Deposit Insurance Corporation recommends.
What is the Real APR on PayDay Loans?
Recently, several members of an online network were having a discussion about a payday loan. The payday loan company would loan someone $100, and they would have to pay $115.00 back two weeks later. What is the interest rate? (No, this isn’t a word problem on a math test!)
Payday Loans Equal Very Costly Cash: Consumers Urged to Consider the Alternatives
“I just need enough cash to tide me over until payday.”
“GET CASH UNTIL PAYDAY! . . . $100 OR MORE . . . FAST.”