August 31, 2014 2:24 AM • Log InREGISTER
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Three Things to Look for When Checking Your Credit Report [SURVEY] How Does Your Wealth Management Measure Up? Infographic: Student Loan Debt is Ruining Your Finances Infographic: Is the American Dream Still Alive? Moving for a Job? Don’t Forget These Tax Breaks Aaron’s Marketing VP Andrea Freeman Talks Consumer Trends CFPB Launches Initiative to Provide Financial Education to Low-Income Consumers Millennial Women Must Save, Prepare for Retirement Regulators Offer HELOC Guidance New Reverse Mortgage Rule Could Prevent Foreclosure Summer Heat: Federal Student Loan Interest Rates Will Rise in July Opportunities for Military Vets: Financial Coalition Formed How to Talk to Your Children About Money Senior Sensibilities: How to Talk to Aging Parents About Money Student Loan Relief: Bill Could Allow Bankruptcy Discharge Report: Some Insurers Plan to Scale Back Living Benefits Opening an Investment Account for a Minor How to Get Your Warranty Extended for Free Three Insurance Options and What to Consider Capital One Will Stop Using ChexSystems Suze Orman Prepaid Debit Card Discontinued 4 Money Management Tips for Millennial Women Are Investment Motifs Good for Your Portfolio? What You Should Know About the Roth 401(k) The Lowdown on Investment Rewards Credit Cards Governor Cuomo Announces Tool to Stop Payday Lenders 4 Ways to Save Money on Hotel Costs Why You Need Life Insurance Take Advantage of Hidden Credit Card Perks Results of Card Hub 2014 Credit Card Debt Study CFPB Assesses How Mobile Banking Impacts Low-Income Consumers New Debt Collection Scam AARP Releases Survey of African American Baby Boomers IRS Adopts Taxpayer Bill of Rights A Peek Inside Presidential Finances 5 Things to Know about Phased Retirement President Obama Proposes Expansion of Student Loan Debt Forgiveness Program Best and Worst States for Financial Literacy Money Expert Marsha Barnes Shares Top 10 Savings Tips Merging Finances with Your Spouse Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home Managing Finances after Divorce: Should You Keep the House? Sam’s Club Offers New EMV Card Rebuilding Finances after Divorce Money Expert Marsha Barnes Shares Her Budgeting Tips Money Expert Marsha Barnes Talks about Keeping Finances on Track FDA Launches Database Alerting Consumers about Deadly Drug Interactions TIAA-CREF Financial Planner Talks Managing Finances after Divorce Retirement Planning Milestones Consumer Income Rose Slightly in April Savings Expert Marsha Barnes Talks about Frugal Living 4 Estate Planning Tips NFCC Poll: Consumers Reluctant to Assume Mortgage Risk 6 Tips for Young Investors 15 Banks and Payment Processors Face Fraud Investigation Berkshire Hathaway Offers Travel Insurance America Saves Survey: More Consumers Automate Savings MasterCard Extends Zero-Liability Policy Common Misconceptions Newlyweds Have about Credit National Black Church Initiative Partners with TrustEgg Consumers Show Concern over Security of Financial Information Keep Track of Product Recalls Auto Parts Price-Fixing Scandal Makes Justice Department History CFPB Reports on Payday Lenders and Debt Collectors Maya Rockeymoore Talks about Why Social Security is Important Movie Theater Charges Extra for Middle Seats Credit Union for Pro Athletes Approved The 5 Best States for Banking Largest Real-Time Clinical Health Database Launched Avoid a Vacation Rental Rip Off John Hope Bryant Talks about New Book and CFPB Partnership Military Members Face Financial Weakness Study: Consumers Saddled by Credit Card Debt and Overdraft Fees Consumers Over-Penalized for Medical Debt in Collections John Hope Bryant Talks about HOPE Business in a Box Academies Credit Suisse Confesses to Helping Clients Evade Taxes Weighing Your Student Loan Repayment Options John Hope Bryant Talks about Project 5117 Wells Fargo Home Lending Launches Home Ownership Contest Credit Survey Reveals Differences Between Millennials and Older Adults OneUnited Bank President Teri Williams Talks About Homeownership First-Time Home Buyers Might Have Easier Time Getting Mortgage Sallie Mae and Navient to Pay $97 Million for Student Loan Violations OneUnited Bank President Teri Williams Talks About UNITY Visa Card More Landlords Checking Credit National Moving Month: Watch Out for Scams OneUnited Bank President Teri Williams Talks About Book, ‘I Got Bank’ Changes to Student Loans Might Be Coming Your Way Study: Older Americans Struggle with Mortgage Payments How to Choose a Credit Counseling Agency Throwback Thursday: Money Tips for New Grads Author Q and A: Confessions of a Credit Card Junkie (Part 2) Watch out for Jury Duty Scams 4 Ways to Protect Your Credit During Vacation Government Creates Reserve to Prepare for Gas Shortages Target CEO Steps Down in Wake of Data Breach Money Quiz: Signs You’re Headed Back Home to Live with Your Parents Groupon Offers New Bulk Service Author Q and A: Confessions of a Credit Card Junkie Get Your Finances in Order before a Storm Strikes Personal Income Slightly Rises in April Target Switches to Chip-and-PIN Cards after Data Breach Financial Literacy Month: Dealing with Dirty Debt Collectors Walmart Launches Auto Insurance Comparison Service CFPB Officials Face Subpoena Financial Literacy Month: By the Numbers Verizon Report Shows How Criminals Breach Your Data How to Get a Transcript or Copy of a Prior Tax Return Financial Fraud Ring Uncovered Consumer Confidence Reaches 9-Month High Student Loan Rates Expected to Rise How One New Grad Survived Financial Life after College Jon Bon Jovi Helps Build Low-Income Housing The CFPB Proposes E-Closing Pilot Program Do You Have a Private Student Loan? Watch Out for “Auto Default” Personal Finance Author Manisha Thakor Talks About Women and Money Jobless Rate Down in 21 States 2.6 Million Cards Affected in Data Breach at Michaels Stores Median Weekly Earnings of U.S. Workers on the Rise Time Series Payment Data Now Part of Credit Reports Proposed Bill Could Make Retailers Liable for Data Breach Free Credit Scores? A Bill May Make This a Reality What to Do if You Make a Mistake on Your Taxes How to Apply a Tax Filing Extension How to Deal With a Financial Crisis How to Qualify for the FHA Back to Work Program How Can You Spend 1 Penny to Get Wal-Mart Workers off Food Stamps? Wells Fargo Introduces Interactive Tool for Parents and College Students Toyota Recalls 6.39 Million Cars Love and Money: Should You File a Joint Tax Return? Financial Literacy Month: Five Tips for Financial Well-Being Personal Finance Word of the Day: Consumer Confidence Results of the 2014 NFCC Financial Literacy Survey How You Can Celebrate Financial Literacy Month What You Should Know Before Investing in Municipal Bonds What Young Adults Think of the Affordable Care Act What Business Owners Should Know about the Affordable Care Act What Consumers Should Know about the Affordable Care Act 4 Interesting Credit Facts Consumer Spending and Personal Income Rise Personal Finance Word of the Day: Stress Test Howard University Professor Gives Tips on Handling Economic Stress in New Book Personal Finance Word of the Day: Ponzi Scheme [Video] Identity Theft Listed as Top FTC Consumer Complain in 2013 Personal Finance Word of the Day: Prepaid Card [Video] Pensions: Should You Take a Lump Sum or Monthly Payout? Consumer Financial Protection Bureau to Update Prepaid Card Disclosures Personal Finance Word of the Day: Rally [Video] 3 Tax Audit Triggers To Avoid Watch Out for Malaysia Airline Scams on Facebook

Money Featured

Should your business charge credit card surcharges

Three Things to Look for When Checking Your Credit Report

You’re entitled to receive one free credit report each year from each of the three…

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Man-Cash-Money-620480

[SURVEY] How Does Your Wealth Management Measure Up?

Voice your insights on key financial topics for your household below

Massachusetts Mutual Life Company (MassMutual) took an in-depth look at African American household finances to…

By Sheiresa Ngo

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Infographic: Student Loan Debt is Ruining Your Finances

Here's how "good debt" is making you poor

Prepare to eat beans noodles for a very long time.

By Sheiresa Ngo

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(Image: Thinkstock)

Infographic: Is the American Dream Still Alive?

What's your dream?

Some say the American Dream is not what it used to be

By Sheiresa Ngo

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Moving for a Job? Don’t Forget These Tax Breaks

Take advantage of these deductions

If you’re planning a job-related move this summer, you’ll be delighted to know that you…

By Sheiresa Ngo

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Aarons VP_Andrea Freeman_final

Aaron’s Marketing VP Andrea Freeman Talks Consumer Trends

American workers still face challenges

Baby boomers were most likely to say they were significantly impacted financially.

By Sheiresa Ngo

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(Image: ThinkStock)

CFPB Launches Initiative to Provide Financial Education to Low-Income Consumers

CFPB enlists partners to train social services staff

Consumers with low-to-moderate income face unique stressors.

By Sheiresa Ngo

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black-businesswoman-620x480.jpg

Millennial Women Must Save, Prepare for Retirement

Suzanna de Baca of Ameriprise Financial details more on women and money

It’s important to create emergency savings, pay down debt, and lay down the foundation for…

By Sheiresa Ngo

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black-homeowners-300x232

Regulators Offer HELOC Guidance

Guidelines will help lenders and consumers transition

The Conference of State Bank Supervisors and the federal financial institutions regulatory agencies provided guidelines…

By Sheiresa Ngo

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seniors-smiling-couple

New Reverse Mortgage Rule Could Prevent Foreclosure

Updated guidelines allow some borrowers to avoid homelessness

Updated rules will give seniors in reverse mortgage plans relief from losing their homes.

By Sheiresa Ngo

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(Image: Thinkstock)

Summer Heat: Federal Student Loan Interest Rates Will Rise in July

Some borrowers will pay more, but there is a silver lining

Institute for College Access and Success’ (TICAS) Project on Student Debt has chart to help…

By Sheiresa Ngo

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TD Bank offers Franchise Financing Options for Veterans

Opportunities for Military Vets: Financial Coalition Formed

Companies and organizations including Visa partner to provide resources

Visa and other organizations partner to aid military personnel and vets in financial and career…

By Sheiresa Ngo

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black-woman-with-child-piggy-bank

How to Talk to Your Children About Money

Use this strategy to ensure your children are on the right path with financial fitness.

By Sheiresa Ngo

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AARP and SBA Share Start Up Advice on Entrepreneurship for the 50 Plus

Senior Sensibilities: How to Talk to Aging Parents About Money

Use this strategy to help senior loved ones manage their finances in retirement

Talking about money can be challenging, but it gets even more tricky when it’s your…

By Leslie E. Royal

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student loan

Student Loan Relief: Bill Could Allow Bankruptcy Discharge

Borrowers might get some relief with proposed legislation

New bill calls for reducing student costs and makes it mandatory for colleges to make…

By Sheiresa Ngo

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Life-Insurance-620x480

Report: Some Insurers Plan to Scale Back Living Benefits

Half of those surveyed plan decrease

According to a recent report, half of insurers surveyed plan to decrease number of product…

By Sheiresa Ngo

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He still rocks leisure suits and hates that "hippity hoppity" music. But you might want to listen to grandpa when it comes to handling money. (Image: ThinkStock)

Opening an Investment Account for a Minor

It's never too early to start

(Image: ThinkStock)
Although in most states children younger than 18 cannot legally buy stock or…

By Emerald S. Morrow

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shopping-620x480

How to Get Your Warranty Extended for Free

Don’t pay if you don’t have to

Let’s face it; extended warranties are expensive. Extra coverage on a new car, for instance,…

By Sheiresa Ngo

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young black family at park

Three Insurance Options and What to Consider

Three specialty coverage options and what to consider before investing

Here are three specialty insurance policies you might want to think twice about before opening…

By Tamara E. Holmes

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know-your-banker

Capital One Will Stop Using ChexSystems

More consumers will have a shot at getting an account

If you’ve ever been denied a bank account, chances are the decision was made after…

By Sheiresa Ngo

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credit-card-use

Suze Orman Prepaid Debit Card Discontinued

Cardholders are no longer "approved"

If you own one of Suze Orman’s Approved cards, you might have a slightly annoying…

By Sheiresa Ngo

Posted: Tags: , , ,
black woman texting

4 Money Management Tips for Millennial Women

Young women tend to struggle with managing their cash

A recent study by Ameriprise Financial shows that millennial women are likely to feel stretched…

By Sheiresa Ngo

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early-retirement-investing-620x480.jpg

Are Investment Motifs Good for Your Portfolio?

Explore whether idea-based investing is a viable strategy

What if you could invest in an idea, instead of a specific company, industry,…

By Bridget McCrea

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piggy-bank

What You Should Know About the Roth 401(k)

Determining when to pay taxes could make all the difference in your retirement nest egg

While many people save for retirement in a 401(k) plan because it lets them defer…

By Tamara E. Holmes

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Credit Cards

The Lowdown on Investment Rewards Credit Cards

Weigh the pros and cons before making a decision

Anything that encourages you to save is a good thing. Or is it? Investment…

By Sheryl Nance-Nash

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(Image: File)

Governor Cuomo Announces Tool to Stop Payday Lenders

Database will help identify and halt illegal lending

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Despite the fact that payday lending is illegal in many states, it is…

By Sheiresa Ngo

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take-time-to-plan-your-vacation_942_449042_0_14087291_500 NL

4 Ways to Save Money on Hotel Costs

Enjoy time away from home while keeping cash in your pocket

If you’re gearing up to take a trip this summer, you’re most likely looking…

By Sheiresa Ngo

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Life-Insurance-620x480

Why You Need Life Insurance

Put a plan in place to protect your loved ones

While death may not be a pleasant topic for you, it’s important to plan for…

By Sheiresa Ngo

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Credit-Cards-620x480

Take Advantage of Hidden Credit Card Perks

Don't leave benefits on the table

I often hear people list the evils of credit cards, and blame them …

By Sheiresa Ngo

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man-counting-money-in-suit2

Results of Card Hub 2014 Credit Card Debt Study

Credit information site Card Hub recently released its 2014 credit card debt study.  The study…

By Sheiresa Ngo

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mobile payments

CFPB Assesses How Mobile Banking Impacts Low-Income Consumers

The Consumer Financial Protection Bureau is investigating the benefits and challenges of mobile financial services.…

By Sheiresa Ngo

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Fraud-300x232

New Debt Collection Scam

Fraudsters continue to find new ways to rip off consumers

Scammers are always waiting for an opportunity to steal from you. Illinois residents are being…

By Sheiresa Ngo

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AARP and SBA Share Start Up Advice on Entrepreneurship for the 50 Plus

AARP Releases Survey of African American Baby Boomers

African Americans over 50 share concerns about employment, education and workforce discrimination

AARP recently came out with a survey assessing the concerns that matter most to…

By Sheiresa Ngo

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irs

IRS Adopts Taxpayer Bill of Rights

The Internal Revenue Service recently announced a user-friendly Taxpayer Bill of Rights. It will take…

By Sheiresa Ngo

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Obama-hosts-kids-safety-summit-at-white-house-black-enterprise

A Peek Inside Presidential Finances

Former presidents and spouses fare well after their terms

Many were shocked by Hillary Clinton’s revelation that she and former President Bill Clinton were…

By Sheiresa Ngo

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retirement

5 Things to Know about Phased Retirement

Is easing into your golden years right for you?

Here’s what you need to know about phased retirement:
1) You’ll see whether your retirement savings is…

By Sheiresa Ngo

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after-school-daze-recent-grad-300x232

President Obama Proposes Expansion of Student Loan Debt Forgiveness Program

Executive order would relieve burden for some borrowers

Do hefty student loan payments have you tightening your belt until the buckle is about…

By Sheiresa Ngo

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money-stack-620x480

Best and Worst States for Financial Literacy

Where does your state rank?

Financial literacy is key to building and growing your wealth. A recent survey by WalletHub…

By Sheiresa Ngo

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piggy-bank

Money Expert Marsha Barnes Shares Top 10 Savings Tips

How to live well on less

In our fourth and final installment of the money management series with Marsha Barnes, she…

By Sheiresa Ngo

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Merging Finances with Your Spouse

5 tips that will help you and your spouse work in perfect financial harmony.

If you’re recently married, at some point you’ll be faced with a big decision:…

By Sheiresa Ngo

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kendrick_lamar_edit

Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home

Compton rapper spends his money wisely with latest purchase

Kendick Lamar proves that he knows the value of a dollar and smart investment with…

By Courtney Connley

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House-Loan-620x480

Managing Finances after Divorce: Should You Keep the House?

Keeping your home might not always be the best choice

Carefully managing your money can be a balancing act. This is especially …

By Sheiresa Ngo

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credit-card-use

Sam’s Club Offers New EMV Card

Retailer offers increased security for its members

Sam’s Club recently announced that it will issue cash-back credit cards with an EMV chip.…

By Sheiresa Ngo

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black-couple-and-stack-of-money-378x350

Rebuilding Finances after Divorce

Cutting ties after age 50 could have a significant impact on finances

Carefully managing your money can be a balancing act. This is especially true…

By Sheiresa Ngo

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money-fans-122312-575hc

Money Expert Marsha Barnes Shares Her Budgeting Tips

You can live well on less

If you have a hard time sticking to your budget, you’ve come to the right…

By Jennifer Streaks

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Money Expert Marsha Barnes Talks about Keeping Finances on Track

How you can live well on less

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When developing a financial plan, financial educator Marsha Barnes counsels her clients to stop…

By Jennifer Streaks

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ComputerHealthStethoscope

FDA Launches Database Alerting Consumers about Deadly Drug Interactions

Adverse reactions will be easier to track

If you take a lot of prescription drugs, it can be hard to keep track…

By Sheiresa Ngo

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Broken-Heart-620x480

TIAA-CREF Financial Planner Talks Managing Finances after Divorce

Make sure you have a solid plan in place

Carefully managing your money can be a balancing act. This is especially true for…

By Sheiresa Ngo

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4. Increase your savings

Don’t feel like you can save more money---or are you simply fed up with getting next to nothing on the savings you are stashing away? Maybe the best way to begin saving more money is just by getting a different savings account; online savings accounts boast rates that are sometimes five times the national average.

Use MoneyRates.com to find which banks are offering the highest interest rates on savings accounts, CDs and money market accounts.

Retirement Planning Milestones

How to plan for your golden years at each life stage

Are you prepared for retirement? If not, you have plenty of company.
The Center for Retirement…

By Sheiresa Ngo

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Consumer Income Rose Slightly in April

Small gains were seen

Consumers had a slight increase in personal income for April, but it was still lower…

By Sheiresa Ngo

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Savings Expert Marsha Barnes Talks about Frugal Living

You can live well on less

A recent national survey by the Consumer Federation of America finds that only about one-third…

By Jennifer Streaks

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estate planning

4 Estate Planning Tips

Plan ahead for your future

While death and dying are not pleasant topics, it’s important to make sure you plan…

By Sheiresa Ngo

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money-house_crop.jpg

NFCC Poll: Consumers Reluctant to Assume Mortgage Risk

Are you worried about paying off a mortgage?

Even though many define the American Dream as becoming a homeowner, more consumers are…

By Sheiresa Ngo

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6 Tips for Young Investors

Learn the basics of how to get a head start on planning your retirement

Once you land full-time employment, your employer may offer the option to contribute to…

By Sheiresa Ngo

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(Image: File)

15 Banks and Payment Processors Face Fraud Investigation

Justice Department initiates consumer fraud investigation

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The Justice Department is initiating a consumer fraud investigation by the name…

By Sheiresa Ngo

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(Image: Thinkstock)

Berkshire Hathaway Offers Travel Insurance

A new option for low-cost flight protection

(Image: Thinkstock)
Berkshire Hathaway announced that it will begin offering a new kind of travel insurance.…

By Sheiresa Ngo

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piggy-bank

America Saves Survey: More Consumers Automate Savings

But some still stash cash at home

If you’ve ever wondered how your saving habits compare to those around you, wonder no…

By Sheiresa Ngo

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MASTERCARD

MasterCard Extends Zero-Liability Policy

Protection provided for ATM and PIN transactions

Debit and credit card company MasterCard announced that it will extend its zero-liability policy for…

By Sheiresa Ngo

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(Image: Thinkstock)

Common Misconceptions Newlyweds Have about Credit

Are you believing a financial lie?

If you’re a newlywed, there are some things regarding money about which you might be…

By Sheiresa Ngo

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black-woman-with-child-piggy-bank

National Black Church Initiative Partners with TrustEgg

Organization will help one million children start a savings account

The National Black Church Initiative, a faith-based coalition of 34,000 churches, recently announced a partnership…

By Sheiresa Ngo

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cyber-security-620x480

Consumers Show Concern over Security of Financial Information

Is your information at risk?

If you stay up late at night worrying about your financial security, you’re not alone.…

By Sheiresa Ngo

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Keep Track of Product Recalls

Stay safe by keeping abreast of developments

Have you ever learned that a product that you use or someone close to you…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Auto Parts Price-Fixing Scandal Makes Justice Department History

This is the department's largest antitrust investigation ever

If you thought the auto industry’s woes couldn’t get any worse, think again. More bad…

By Sheiresa Ngo

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money-fans-122312-575hc

CFPB Reports on Payday Lenders and Debt Collectors

Report shines light on deceptive practices

The Consumer Financial Protection Bureau is responsible for overseeing depository institutions and credit unions with…

By Sheiresa Ngo

Posted: Tags: , , ,
social security

Maya Rockeymoore Talks about Why Social Security is Important

Social Security benefits both the young and old

Maya Rockeymoore, president of the Center for Global Policy Solutions, recently  presented before the Senate…

By Sheiresa Ngo

Posted: Tags: ,
man-counting-money-in-suit2

Movie Theater Charges Extra for Middle Seats

Could a surcharge be headed your way?

What would you do if your local theater only let patrons who paid more money…

By Sheiresa Ngo

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know-your-banker

Credit Union for Pro Athletes Approved

Organization founded by former wife of baseball player

It is widely known that professional athletes often struggle with managing their money. Consequently, many…

By Sheiresa Ngo

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know-your-banker

The 5 Best States for Banking

Did your state make the list?

If you’ve ever wondered which states have the best banks and how they compare to…

By Sheiresa Ngo

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ComputerHealthStethoscope

Largest Real-Time Clinical Health Database Launched

Doctors and professionals can easily track consumer health

Practice Fusion, an electronic health records company, recently launched Insight by Practice Fusion, a free…

By Sheiresa Ngo

Posted: Tags: ,
take-time-to-plan-your-vacation_942_449042_0_14087291_500

Avoid a Vacation Rental Rip Off

Don't get tricked by fraudsters

If you’ve decided to skip the hotel and instead opt for a vacation rental, there…

By Sheiresa Ngo

Posted: Tags: , , ,
John_Hope_Bryant2

John Hope Bryant Talks about New Book and CFPB Partnership

Operation HOPE partners with CFPB

In part three of this series, Black Enterprise speaks with John Hope Bryant to learn…

By Sheiresa Ngo

Posted: Tags: , , , , ,
Veteran Women and Spouses

Military Members Face Financial Weakness

Differences can be seen between military and general population

The National Foundation for Credit Counseling recently conducted a survey that shows many members of…

By Sheiresa Ngo

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debt

Study: Consumers Saddled by Credit Card Debt and Overdraft Fees

Consumers face trouble due to lack of financial knowledge

A recent survey by MagnifyMoney shows that 35% of Americans overdraft and 42.4% are saddled…

By Sheiresa Ngo

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0602_hospital bill

Consumers Over-Penalized for Medical Debt in Collections

Scores may misrepresent creditworthiness by 10 points

If you have medical debt in collections, you might be facing harsher penalties. The Consumer…

By Sheiresa Ngo

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John_Hope_Bryant2

John Hope Bryant Talks about HOPE Business in a Box Academies

Students given chance to win up to $500 toward business

Black Enterprise spoke with John Hope Bryant to learn more about his efforts to promote…

By Sheiresa Ngo

Posted:
Legal Terms Every Business Owner Should Know

Credit Suisse Confesses to Helping Clients Evade Taxes

Company must pay $2.6 billion

U.S. Attorney General Eric Holder says Credit Suisse AG agreed to plead guilty to assisting…

By Sheiresa Ngo

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(Image: Thinkstock)

Weighing Your Student Loan Repayment Options

(Image: Thinkstock)
Graduation season is upon us. And that most likely means a student loan…

By Sheiresa Ngo

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John_Hope_Bryant2

John Hope Bryant Talks about Project 5117

Black Enterprise spoke with John Hope Bryant to learn more about Project 5117, an…

By Sheiresa Ngo

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black-homeowners-300x232

Wells Fargo Home Lending Launches Home Ownership Contest

Up to $750,000 will go to three lucky winners

If you’re in the market to purchase a new home, you might be excited to…

By Sheiresa Ngo

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Credit Survey Reveals Differences Between Millennials and Older Adults

Younger card holders less likely to request free credit reports

The Consumer Federation of America and VantageScore Solutions recently unveiled their fourth annual survey on…

By Sheiresa Ngo

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new-homeowner-620x480

OneUnited Bank President Teri Williams Talks About Homeownership

Bank veteran discusses new mortgage program

Even though Financial Literacy Month has come and gone, it’s never too late to discuss…

By Sheiresa Ngo

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home-buyers-couple-300x232.jpg

First-Time Home Buyers Might Have Easier Time Getting Mortgage

New policies are in the works

Federal regulators are working on new policies that might make it easier for first-time home…

By Sheiresa Ngo

Posted: Tags: , ,
student loan

Sallie Mae and Navient to Pay $97 Million for Student Loan Violations

Government says 60,000 service members affected

The Departments of Education and Justice, and the Federal Deposit Insurance Corporation are cracking down…

By Sheiresa Ngo

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(Image: Thinkstock)

OneUnited Bank President Teri Williams Talks About UNITY Visa Card

(Image: Thinkstock)
Even though Financial Literacy Month has come and gone, it’s never too late to…

By Sheiresa Ngo

Posted: Tags: , , , , , ,
credit-card-use

More Landlords Checking Credit

If you’re looking to rent a new apartment, you’ll have to look at not only…

By Sheiresa Ngo

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Moving-In-300x232

National Moving Month: Watch Out for Scams

Take heed to these tips to avoid fraudsters

May is National Moving Month, and if you plan to move anytime soon, it’s important…

By Sheiresa Ngo

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Teri-Williams-one-united-bank

OneUnited Bank President Teri Williams Talks About Book, ‘I Got Bank’

Financial services leader also details advice on financial fitness advocacy

Teri Williams, president at OneUnited Bank, talks her book, financial literacy, and the importance of…

By Sheiresa Ngo

Posted: Tags: , , , , , ,
students-school-scholarships-300x232.jpg

Changes to Student Loans Might Be Coming Your Way

Proposed White House budget makes room for programs like "Pay as You Earn"

In March, President Obama revealed his proposed budget for next year, with a portion reserved…

By Sheiresa Ngo

Posted: Tags: , , ,
Initiative may help some homeowners stay afloat.

Study: Older Americans Struggle with Mortgage Payments

The retirement plans of older homeowners are being affected by the fact that many are…

By Sheiresa Ngo

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Credit Cards

How to Choose a Credit Counseling Agency

If you run into financial troubles, you may find yourself seeking the assistance of a…

By Sheiresa Ngo

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Throwback Thursday: Money Tips for New Grads

You're out of school and (if you're lucky) on the job. Next: a plan to manage your cash

If you’re among the young adults who have just graduated from college and landed their…

By Sheiresa Ngo

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black-woman-shopping

Author Q and A: Confessions of a Credit Card Junkie (Part 2)

Author Beverly Harzog shares her struggles with credit cards in new book

Credit cards can help in times of an emergency. They are also necessary to help…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

Watch out for Jury Duty Scams

Prince George’s County recently sent a message out to its residents, warning them about a…

By Sheiresa Ngo

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Credit Cards

4 Ways to Protect Your Credit During Vacation

Don't let a financial bind ruin a good time

Don’t leave home without heeding this advice on protecting your credit while on vacation or…

By Sheiresa Ngo

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Government Creates Reserve to Prepare for Gas Shortages

Two years ago, Superstorm Sandy caused massive property damage and forever changed the lives of countless…

By Sheiresa Ngo

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target

Target CEO Steps Down in Wake of Data Breach

Target Corp. announced the replacement of Chief Executive Gregg Steinhafel on Monday. He had been…

By Sheiresa Ngo

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The "forgetful" borrower. Don't be surprised when you lend money to a cousin or your favorite uncle and you never get it back. If you lend money to a family member, consider it a gift. Family members are usually the worst when it comes to repaying a loan. So when Christmas comes around and they find an empty box under the tree, say Christmas came early—when you “lent” them $200 earlier in the year.

Money Quiz: Signs You’re Headed Back Home to Live with Your Parents

Take this quiz to see if your money habits will land you back in your parents' abode

Despite reports that the economy is doing better, some adults who were once independent are…

By Sheiresa Ngo

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Groupon Offers New Bulk Service

Costco and BJ’s  might have some competition. Groupon is now offering a new service that…

By Sheiresa Ngo

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Author Q and A: Confessions of a Credit Card Junkie

Author Beverly Harzog shares her struggles with credit cards in new book

Credit cards can help in times of an emergency. They are also necessary to help…

By Sheiresa Ngo

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Business Continuity Tips Discussed at Free Webinar Hosted by SBA and Agility Recovery

Get Your Finances in Order before a Storm Strikes

Do you have a financial first aid kit?

The recent string of deadly tornadoes may have you thinking more about your financial protection…

By Sheiresa Ngo

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New Report: Small Businesses Creating Jobs, Giving Back and Growing Local Economy

Personal Income Slightly Rises in April

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The U.S. Bureau of Economic Analysis (BEA) reports that personal income increased $78.4…

By Sheiresa Ngo

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target

Target Switches to Chip-and-PIN Cards after Data Breach

Target has announced that it will start to issue chip-and-PIN cards early next year. The…

By Sheiresa Ngo

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credit-card-debt-management

Financial Literacy Month: Dealing with Dirty Debt Collectors

When it comes to paying your debts, it’s important to know your rights so that…

By Sheiresa Ngo

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car insurance

Walmart Launches Auto Insurance Comparison Service

Walmart continues to be a one-stop-shop. Drivers can now compare auto insurance rates at the superstore.

Now, if you want to compare auto insurance rates, you can go to the superstore…

By Sheiresa Ngo

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Legal Terms Every Business Owner Should Know

CFPB Officials Face Subpoena

A vote was passed by the House Financial Services Oversight and Investigations Subcommittee to subpoena…

By Sheiresa Ngo

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Business Continuity Tips Discussed at Free Webinar Hosted by SBA and Agility Recovery

Financial Literacy Month: By the Numbers

The survey shows that we all have our struggles and encounter some ups and downs

Check out all the statistics

By Sheiresa Ngo

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scam

Verizon Report Shows How Criminals Breach Your Data

Web app attacks, the most common breach, were to blame for 35% of data breaches last year

The report found that about two-thirds of data breaches involved stolen passwords

By Sheiresa Ngo

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tax tips

How to Get a Transcript or Copy of a Prior Tax Return

Tax season is over, but you still need to make sure your tax records are…

By Sheiresa Ngo

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Financial Fraud Ring Uncovered

A nationwide fraud scheme was uncovered by an employee of Pennsylvania-based Widget Financial…

By Sheiresa Ngo

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Consumer Confidence Reaches 9-Month High

Consumer confidence is looking up.
The University of Michigan says in its Survey of Consumers that…

By Sheiresa Ngo

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Student Loan Rates Expected to Rise

Brace yourself, student loan rates could be on the rise. Unfortunately, higher rates will…

By Sheiresa Ngo

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How One New Grad Survived Financial Life after College

Six months after graduating from Florida State University in 2011 with a bachelor’s degree in…

By Sheiresa Ngo

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Jon Bon Jovi Helps Build Low-Income Housing

A new low-income housing development called JBJ Soul Homes will be opening soon, thanks in…

By Sheiresa Ngo

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The CFPB Proposes E-Closing Pilot Program

New program tries to take the stress out of closing

The CFPB report is part of its “Know Before You Owe” mortgage initiative

By Sheiresa Ngo

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student loan

Do You Have a Private Student Loan? Watch Out for “Auto Default”

The Consumer Financial Protection Bureau recently alerted consumers to the fact that some students are being placed in default

The Consumer Financial Protection Bureau highlighted problems that have arisen with private student loans that…

By Sheiresa Ngo

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Personal Finance Author Manisha Thakor Talks About Women and Money

Money can be a touchy subject for some women. Words like “saving” and “investing” can be very…

By Jamarris Richardson-Mcfield

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Black-Unemployment

Jobless Rate Down in 21 States

The U.S. Bureau of Labor Statistics reports about 21 states had decreases in unemployment rates,…

By Sheiresa Ngo

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2.6 Million Cards Affected in Data Breach at Michaels Stores

Michaels Stores announced that approximately 2.6 million cards may have been affected in a security…

By Sheiresa Ngo

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Median Weekly Earnings of U.S. Workers on the Rise

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Median weekly earnings of the 104.3 million full-time wage and salary workers in the…

By Sheiresa Ngo

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credit-card-use

Time Series Payment Data Now Part of Credit Reports

Changes are coming to your consumer credit report. The way the information on your…

By Sheiresa Ngo

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Proposed Bill Could Make Retailers Liable for Data Breach

The impact of the recent Target data breach continues to be felt, as state lawmakers…

By Sheiresa Ngo

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Credit card usage is on the rise, new data says.

Free Credit Scores? A Bill May Make This a Reality

Free credit scores could help consumers keep a closer eye on their credit

Do you know your number?

By Sheiresa Ngo

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tax tips

What to Do if You Make a Mistake on Your Taxes

You can make changes by filing an amended tax return

You can use Form 1040X, Amended U.S. Individual Income Tax Return, to correct errors

By Sheiresa Ngo

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tax extension sheet

How to Apply a Tax Filing Extension

The extension only extends the due date for the paperwork--not for the money you owe.

Just in case you didn’t know—your taxes were due yesterday.  If you just didn’t get around to…

By Sheiresa Ngo

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PocketsBrokeMoney

How to Deal With a Financial Crisis

There are many successful people who had to start from scratch after a financial meltdown

Financial crisis does not, however, have to be the end of your world

By Sheiresa Ngo

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How to Qualify for the FHA Back to Work Program

The program has been extended through Sept. 30, 2016

That all changed with the FHA Back to Work Program, which lets homebuyers make a…

By Sheiresa Ngo

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How Can You Spend 1 Penny to Get Wal-Mart Workers off Food Stamps?

The Marketplace report says Walmart workers cost the government roughly $300 million a year in food-stamp costs

Would you pay extra to affect this social change?

By Sheiresa Ngo

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WellsFargo

Wells Fargo Introduces Interactive Tool for Parents and College Students

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If you’re a parent or student preparing for college, Wells Fargo has a…

By Sheiresa Ngo

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be news

Toyota Recalls 6.39 Million Cars

Toyota says it is recalling 6.39 million cars worldwide due to five defects. Out…

By Sheiresa Ngo

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money and love

Love and Money: Should You File a Joint Tax Return?

When you choose married filing separately, you and your spouse file two separate tax returns instead of one joint return

Here’s some information to help you decide

By Sheiresa Ngo

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Financial Literacy Month: Five Tips for Financial Well-Being

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Are you financially well? If you’re not, don’t feel bad. There are plenty of…

By Sheiresa Ngo

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Personal Finance Word of the Day: Consumer Confidence

The Bureau of Economic Analysis reported last week that consumer spending and income was on the rise in February

Despite all this good news, the University of Michigan and Thomson Reuters assert that consumer…

By Sheiresa Ngo

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Results of the 2014 NFCC Financial Literacy Survey

Each year, the National Foundation for Credit Counseling conducts a financial literacy survey.
This year’s survey…

By Sheiresa Ngo

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How You Can Celebrate Financial Literacy Month

Learn a lot about financial terms and how to handle your money

There are plenty of free financial literacy tools you can take advantage of

By Sheiresa Ngo

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savings-bonds

What You Should Know Before Investing in Municipal Bonds

When considering investing money in municipal bonds, you will want to know what you are…

By Sheiresa Ngo

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What Young Adults Think of the Affordable Care Act

The Black Youth Project conducted a survey to find out how American youth feel about…

By Sheiresa Ngo

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What Business Owners Should Know about the Affordable Care Act

Know the difference between being self-employed and an employer. Before applying for coverage, know that…

By Sheiresa Ngo

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What Consumers Should Know about the Affordable Care Act

(Image: Healthcare.gov)
Today is the last day to enroll for affordable health care through the market…

By Sheiresa Ngo

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4 Interesting Credit Facts

Here are a few things you might not know about credit cards:
1. You can…

By Sheiresa Ngo

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economy-rising

Consumer Spending and Personal Income Rise

There is more good news for consumers this month.
Personal income increased $47.7 billion, or 0.3%,…

By Sheiresa Ngo

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citigroup

Personal Finance Word of the Day: Stress Test

Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress test. Also known…

By Sheiresa Ngo

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howard university entrance sign

Howard University Professor Gives Tips on Handling Economic Stress in New Book

Author Robert M. Brown III talks about managing the emotional impact of money trouble

Have you ever dealt with a lot of stress?

By Sheiresa Ngo

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Fraud-300x232

Personal Finance Word of the Day: Ponzi Scheme [Video]

Bernie Madoff made this word as famous as it has ever been

The U.S. Securities and Exchange Commission defines a Ponzi scheme as an investment fraud

By Sheiresa Ngo

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Identity Theft Listed as Top FTC Consumer Complain in 2013

Fraud and identity theft combined for almost 70% of complaints last year

More than half of the complaints were fraud based

By Sheiresa Ngo

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Personal Finance Word of the Day: Prepaid Card [Video]

Your daily money bite

In light of the Consumer Financial Protection Bureau’s recent push to update disclosures for prepaid…

By Sheiresa Ngo

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money-fans-122312-575hc

Pensions: Should You Take a Lump Sum or Monthly Payout?

Make sure to choose wisely

If you’re ever in a position where you’re offered to take your pension as either…

By Sheiresa Ngo

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prepaid cards marketed to small businesses

Consumer Financial Protection Bureau to Update Prepaid Card Disclosures

It will be easier to understand fees

The Consumer Financial Protection Bureau announced yesterday that it is working on new disclosures that…

By Sheiresa Ngo

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stocks rise

Personal Finance Word of the Day: Rally [Video]

Your daily money bite

A recent Marketwatch article discusses the stock market’s curious response to last weekend’s political news.…

By Sheiresa Ngo

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taxesforms

3 Tax Audit Triggers To Avoid

Tax season is a stressful time of year. Being audited by the Internal Revenue Service…

By Sheiresa Ngo

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Be honest in your financial dealings. “Dishonest money dwindles away, but he who gathers money little by little makes it grow.”     —Proverbs 13:11

Watch Out for Malaysia Airline Scams on Facebook

Don't fall for scammers' tricks

If you see a post in your Facebook feed with a video claiming the…

By Sheiresa Ngo

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Women of Power

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REGISTER NOW: Black Enterprise Women of Power Summit’s 10th Anniversary

It will be a landmark year for the Black Enterprise Women of Power Summit in…

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Venus Williams

Watch Sonia Alleyne’s Interview with Venus Williams at This Year’s Women of Power Summit [Video]

Venus Williams was one of the featured speakers at this year’s Women of Power Summit.

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