A high-ranking government official is urging banks to give consumers a free, regular peek at their credit score, a step that could revolutionize the relationship that Americans have with their credit. It’s time that happened. Today, many consumers confuse credit reports and credit scores, and are equally confused about what [Keep reading]
A private, for profit college chain expected most of its students wouldn’t finish their degrees, and nearly two-thirds would default on loans, allowing the school to keep millions in federal tuition aid while charging students 16 percent interest, a federal watchdog alleged Thursday. “(It’s) like financing your college education on [Keep reading]
If you are the type to hoard airline miles, it’s time to abandon that strategy. ASAP. Plan that big European vacation you were dreaming about. Buy some goofy electronics you don’t need with points. Gift them to family members. Nature gives us only a few absolute laws: things like gravity, [Keep reading]
Click to subscribe or read on Bob Sullivan and Hugh Thompson have helped the Miami Heat win consecutive NBA titles. Their book, The Plateau Effect/Getting Unstuck, has been featured on the cover of O! Magazine, and the Wall Street Journal, and the Financial Times. Hugh has helped grow a $3 [Keep reading]
OK, everybody move to North or South Dakota!!! At least that’s what Gallup’s annual poll of the happiest (and unhappiest) states would have you think. I’ve been in both recently, and I guess if you’re going to have brutal winters everywhere from Georgia to Maine anyway, why not? Despite brutal [Keep reading]
Young adults have fewer credit cards and used them less often that older consumers, a new study as found. A rising number are avoiding plastic altogether, although some may find using personal installment loans useful to them. Credit bureau Experian says so-called millennials — adults under 30 — carry 40 [Keep reading]
Understand why a bronze medal is better than a silver, and you might save yourself a lot of money someday. Let me explain. Millions of Americans who normally don’t care much about hockey will probably tune in on Friday to watch an epic semifinal game between the U.S. and Canadian [Keep reading]
If you aren’t paying for the product, you are the product. WhatsApp just managed to score $19 billion by making a product that users actually want to pay for, rather than tricking them into being a product others paid for. Maybe….just maybe…this signals a shift in the way technology companies [Keep reading]
Roughly two-thirds of partners in a committed relationship share passwords, a practice that makes most security professionals shudder. Older, retired couples are also very likely to share an e-mail account, social media account, or online calendar, according to a new study from the Pew Research Center. That makes sense: plenty [Keep reading]
Let’s be absolutely clear about this: No credit card company can barge into your home uninvited and demand payment for a debt. In fact, a company can’t even call you, once you tell it to stop. The vile, reprehensible contract that Capital One is apparently sending out to consumers is [Keep reading]
Bob Sullivan