Updates
Updates
A Fair Day’s Wage
It’s no secret that the years since the Great Recession have been hard on American workers. Though unemployment has finally dipped below six per cent, real wages for most have barely budged since 2007. Indeed, the whole century so far [...]
‘Food Bank For NYC’ Expanding Financial Empowerment Programs For Families In Need
Families who need food help should also be getting other forms of aid like financial coaching. That’s what the Food Bank for New York City says. The anti-hunger organization said Wednesday it’s expanding a pilot program that adds financial empowerment [...]
Having A Bank Account Really Is Getting More Expensive
Banks fees are getting worse. The availability of free checking accounts dropped to record low levels in the first half of the year, according to a report released this week by MoneyRates.com. The percentage of checking accounts with no monthly [...]
Consumer Protection Agency Seeks Limits on Payday Lenders
In the world of consumer finance, they are chameleons: payday lenders that alter their practices and shift their products ever so slightly to work around state laws aimed at stamping out short-term loans that can come with interest rates exceeding [...]
Why You Should Tell Your Children How Much You Make
When Scott Parker wanted his six offspring to know more about the value of money, he decided to do something that many parents would consider radical: show them exactly what he earned. One day, he stopped by his local Wells [...]
Surge in Subprime Loans Linked to Cars Draws Regulatory Scrutiny
It is a tempting offer: Convert that beaten-up car in the driveway into hard cash with a simple loan. But car title loans, which allow owners to borrow money against their cars, are having devastating financial consequences for a growing [...]
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