Consumer News

post thumbnail

Canada’s pay day loan regulator

The Canadian government has been very sensible in its regulation of the pay day loan industry. Now other countries, like the UK, are holding Canada out as a shining example of how to get it right when it comes to regulating this industry. One of Canada’s main controls is that it has an active trade […]
post thumbnail

Switching Current Accounts

Understanding your finances even at a simple level is something that is already difficult enough for most people. When it comes to current accounts things can start to get a whole lot more confusing. What you don’t know is that the current account that you might have may not be offering you the best rate […]
post thumbnail

Getting a mortgage on a house is a very complicated process and that is putting it lightly. While that may sound a little off putting to you, it really isn’t and many mortgage brokers are happy that it is a complicated process as they would be out of a job if it were any easier. […]
post thumbnail

How Debt Info Centre can help

If a family or couple have recently experienced severe debt problems which have seen them worrying continuously about whether they will be able to pay their rent or mortgage, finding a way which will help them to overcome this is highly recommended. Courtesy of Debt Info Centre, they are able to help by utilising their […]
post thumbnail

Where Do You Start When Buying a Home

When you’re looking to buy a home, you’ll have some help in the form of your real estate agent, attorney and other people involved in the sale. Since you’re not the only client the real estate professionals are working with, you’ll need to know what the home buying process entails before you find yourself in […]
post thumbnail

How to Maximize the Interest on Your FDIC Insured Savings Account

If you have money sitting in a savings account, you know that it’s not earning very much money right now. Interest rates are depressed because of the shrinking economy and the Federal Reserve will continue to encourage lower interest rates through their monetary policies until the economy sees a real recovery. According to BankRate.com, the […]
post thumbnail

Are Credit Unions Better than Banks for Consumers?

As consumers, we are doing all we can to make ends meet and start saving more cash. Interestingly, the one place people fail to notice they are losing cash is the exact same place they store their cash. Banks have been raising their fees and lowering their interest rates, leaving customers unsure of what to […]
post thumbnail

How to Determine If Your Money is FDIC Insured

During the Great Depression, American savers lost millions as their banks went insolvent and customers were unable to withdraw money. In order to prevent that from happening again, the Federal Deposit Insurance Corporation (FDIC) was created in 1933 so that savers money would be safe, even if their bank failed. What Types of Accounts are […]
post thumbnail

Niche Social Media Sites For Real Estate Pros

The real estate world is no different from other industries as far as its immersion into the wild west frontier of social media. These days you can find active online communities that tackle all aspects of home ownership and property value, from info on an ARM mortgage loan to more specialized knowledge about local neighborhoods. […]
post thumbnail

Top 5 States to NOT Retire in

Florida has long been hailed as the stereotypical place to retire, but states like Texas, Kentucky, Oklahoma and even Iowa have been ranking high on Best States to Retire lists in recent years. Although it’s easy to determine which states have been deemed the best places in America to retire, avoiding the worst places may […]
post thumbnail

What can damage your home’s valuation?

Selling a home for a good price is currently a challenging feat. The present housing market is a buyer’s market rather than a seller’s market. If you are trying to sell your house right now and you feel rather insulted by the offers you have been receiving, you may be wondering what is lowering your […]
post thumbnail

Insurance Basics: What You Need to Have

The purpose of insurance to make sure there’s money to pay for things that you would normally be unable to pay for yourself. You have health insurance to make sure that any major medical procedure that you would need is covered. You have life insurance to take care of your family in the event of […]
post thumbnail

How much should you be saving?

Asking someone how much they save every month is like asking about a person’s weight. In both cases, you probably will not get an honest answer. While many people would like to save up to half their take-home salary every month, not everyone can afford that amount. Millions of Americans save only a small amount, […]
post thumbnail

Life insurance – the importance

Life insurance is important. It’s a way to keep survivors from experiencing financial hardship after a family member’s death. It can also offer the survivors the money they will need to make important future purchases. People often like to avoid life insurance because they believe it is an unnecessary expense, but reading about the reasons […]
post thumbnail

How to Avoid Getting into Trouble with Cash Advance Services

Payday loan services have gotten a very bad rap from consumer advocates across the country.  Low-income borrowers often get themselves stuck in a cycle of borrowing from payday lenders to make it from one pay check to another. An emergency comes up, and they borrow from a payday lender to take care of the emergency, […]
post thumbnail

New FICO Scoring Looks Good for Millions

A good credit score can make life much easier by making borrowing more accessible as well as cheaper but what is the potential impact of the changes to America’s most widely used scoring system? FICO is the method favored by a range of lenders that can be found on the high street and on comparison […]
post thumbnail

Large Banks Plans to Charge Debit Card Users

The banking industry in the United States is reeling after three years of mortgage losses and a wave of new regulations surrounding debit cards and credit cards. Now, some of the nation’s largest banks are eliminating free services and looking for new sources of revenue. Banks say that they need the fees to recoup losses […]
post thumbnail

5 personality traits to make you rich

While there isn’t exactly a millionaire gene, successful people tend to share certain personality traits that can be developed in anyone, regardless of background. Knowing these traits and focusing on developing them may not make you filthy rich, but they could give you that edge you need to push yourself toward success. Confidence. Believing in […]
post thumbnail

The best ways to save

With so many ways to save it can seem overwhelming trying to determine the best savings account. Given the amount of money your account can potentially earn, it’s a pretty important decision to make. Compare savings at moneysupermarket to get a better idea of the amount of interest you can earn with each type of […]
post thumbnail

Why is knowing your credit score important?

Many people take applying for finance for granted but for some, getting approval for credit can be a difficult affair. However, credit, in one form or another, is available for most people and even those who have experienced financial difficulties in the past may still be eligible for a credit card. In such instances, rather […]
post thumbnail

How to Pick the Right Mortgage Broker

People that are interested in purchasing a home will need to choose a mortgage broker to help them obtain a mortgage to pay for the home. Choosing a mortgage broker can be hard because of the increased amount of brokers that have gone into business in recent years and it can be difficult to determine […]
post thumbnail

Avoid These Common Mortgage Mistakes

The news media reports every day on the amount of foreclosures sweeping the nation as more and more people find themselves unable to pay their mortgage and being forced from their homes. Although a portion of the foreclosures are due to people losing their jobs or crippling medical bills, a larger portion of the foreclosure […]
post thumbnail

Why to Avoid Reverse Mortgages

For whatever reason, a lot of people fail to plan for their retirement. They know that retirement is coming sometime and that they can’t work forever, but don’t take any active steps in order to successfully plan for their retirement. They find themselves at age 65 without any money, probably some debt, and nothing but […]
post thumbnail

Credit for the un-creditable

To get the best deals and make the most of modern technology, such as buying over the internet, a credit card is an essential that many people take for granted. But for some people with a low credit score, getting approved isn’t that easy Despite the recession being over, many lenders are still operating a […]
post thumbnail

Financial Times Subscription Discount

Thinking about a Financial Times Subscription?  If so, you’ll be happy to hear that you can get a Financial Times Subscription discount with a four week free trial to see if you like the financial newspaper.  After the free trial, you continue to receive a discount with the option of continuing your subscriptino for 48 […]
Content on this website is not meant to be a recommendation or an offer to buy or sell any security. Click here to read our full disclaimer.