Updates
Updates
Mayor Announces the Acceptance of IDNYC by More Than 10 Financial Institutions
“As a city of immigrants, New York is home to a significant immigrant population who deserve proper identification,” said Assembly Member Robert Rodriguez. “This municipal ID card will provide access to a broad range of services to the undocumented and [...]
Financial Education: The American Education System Is Failing Our Students
The proliferation of credit cards is relatively new, with plastic only becoming widely used around the 1950s. The dramatic shift to easily accessible money via credit cards has changed the way we wield our purchasing power and manage our money. [...]
Twentysomethings: Barely Saving, but Surprisingly Confident
There are differing opinions about whether overconfidence is good for humanity. Some say that believing that you're better than you really are is a self-fulfilling prophecy that's good for ambition and swift decision making. Overconfidence can lead to boosts in [...]
Debt Buyer Faces Fine and Loss of Thousands of Court Judgments
In courtrooms across New York State, lawsuits poured in by the hundreds as if manufactured on an assembly line. Some included generic testimony, others relied on bogus affidavits, churned out so rapidly that they were seldom viewed for accuracy. Sound [...]
CFPB Releases Homebuyer Mortgage Education Tool
Nearly half of borrowers do not shop for a mortgage The Consumer Financial Protection Bureau released its newest consumer tool “Owning a Home” to help spur homeowner education. This is a part of the CFPB Know Before you Owe mortgage [...]
More Than 50,000 Sign Up to Enroll in City’s New Municipal Identification Program in First Week
Thousands of New Yorkers have enrolled in the city's new municipal identification card program since it launched Monday, and more than 50,000 others have booked appointments to learn how it can give them access to key city services they were [...]
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