The student debt crisis is no joke — loans considered to be in “serious delinquency” continue to increase, which is why it’s not surprising that the issue has come up repeatedly in the 2020 presidential election. Student loans now make up the largest chunk of...
As JPMorgan has enjoyed success with its Sapphire Reserve card that launched three years ago, the banking giant is also dealing with a strained relationship with one of its airline partners. In addition to the Sapphire Reserve, JPMorgan offers several United Airlines cards. However, the...
Citi has announced a new feature that allows qualifying cardmembers to shop and receive real-time alerts to redeem their ThankYou Points for eligible purchases. This new Pay With Points feature allows Citi Prestige, Citi Premier, Citi Rewards+ and Citi ThankYou Preferred cardmembers to redeem their...
A fine line separates debt and savings (between the black hole of high-interest credit card payments and the slow progress of financial health), and that issue is taking on increasing importance as more consumers live paycheck to paycheck and use credit more liberally. The big...
Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general. Consumers are facing an average of 16.9 percent interest on credit cards, according to the Federal...
Furthering its mission to make payments easier for people so they can be financially healthy, Klarna, the U.K. payments company, announced the launch of Mindful Money, a digital content hub. In a press release Tuesday (April 16), Klarna said the hub will be home to...
When Honeyfi got off the ground in 2017, it had a pretty simple idea. Couples could better manage their financial lives if they had a transparent platform where they could share the financial data they wanted to share, keep private what they wanted to hold...
Bank of America is gearing up to launch Life Plan, a digital portal that helps customers achieve financial goals, this fall. According to a report in CNBC, citing David Tyrie, the head of advanced solutions and digital banking at Bank of America, the aim is...
Launched in 2008 as a provision of the College Cost Reduction and Access Act (CCRAA), the Public Service Loan Forgiveness program’s objectives were pretty straightforward. The idea was to create a mechanism by which those who worked full-time in public service and made a good-faith...
