The Financial Counseling Association of America
by Ann Carrns
Even with a strong economy, a growing number of people are having trouble paying their credit card bills.
Late credit card payments, while still low, have been ticking upward for the past two years, the Federal Reserve Bank of New York reported in May. Card delinquencies have been rising for borrowers under 30, in particular, but also for borrowers in their 60s, the New York Fed said.
We all know we’re supposed to pay our bills on time. But even the most responsible folks can somehow miss a payment. Addresses change, memories lapse and sometimes hard times hit.
by Cody Cobb
Here’s what prospective students should consider before borrowing money to pay for college.
If you’re getting ready to apply to college and don’t have the funds to pay for your entire education, you might think that taking out student loans is a necessary evil.