It’s absolutely true that kids should learn about the mechanics of credit: How to use it responsibly and why it can get very expensive very quickly if you don’t. But the idea that they need a card of their own to practice this is …
Some Wells Fargo customers who opened their accounts in Florida or South Carolina are getting an unpleasant surprise when they open the monthly statement they receive in the mail: At least some of the statement pages inside don’t …
Hidden bank fees are pushing the working poor out of mainstream banking and into riskier, more expensive alternatives to managing their personal finances. A new study released by the Pew Charitable Trusts provides a stark …
Numbers don’t lie, but sometimes they don’t tell the whole story. Credit score and product site CreditKarma.com compared the amount of credit card, mortgage and student loan debt in each state, along with each state’s average …
The Occupy Wall Street movement that has spread beyond New York’s financial district to cities all over the country and even beyond the U.S. has one glaring shortcoming, according to some activists: It’s too white.
Researchers at the University of Kansas just found one more piece of bad news about this so-called recovery: A crummy economy could prompt men, even those in monogamous relationships, to seek out more sex partners.
After discontinuing a security feature that let cardholders generate a one-time use number for transactions last month, Discover Financial Services did an about-face and reinstated its Secure Online Account Numbers program.
Maybe you think you know all there is to know about your credit score. Don’t pay late; don’t have a slew of maxed-out cards. It’s true that those things are important, but credit scoring is a complicated process. There are many …
During and after the financial crisis, consumers had a hard time obtaining new credit cards or accounts. This trend appears to be reversing, but a closer look at who banks are lending to has some experts worried. The number of …
Rewards points and miles are a powerful tool in credit card companies’ marketing arsenal. Ads show people vacationing in exotic locales, kicking back in first-class airline seats or enjoying a pricey gadget. But in today’s …
With all of the ire Americans are directing toward big banks these days, a lot of people are talking about making a change. Protests like the Facebook-driven “Bank Transfer Day” urge consumers to pull up stakes and switch their …
After Bank of America and Citibank said they would charge for debit card use and raise fees and balance requirements, respectively, consumers went online to proclaim that they would change banks rather than pay. But talk is cheap (and switching banks can be a pain), so TIME Moneyland talked to Todd Sandler, head of product strategy at …
