Many parents strive to provide their children with things they themselves did not have growing up, and for a single parent with one income this could be extra challenging.
Employers and some government officials said the practice of paying salaries, unemployment benefits, pensions and income tax refunds are easier using a payroll or debit card, but not everyone agrees.
There's little question that the Wall Street meltdown and housing collapse were results of an exorbitant number of people who borrowed large sums of money to purchase homes, but had no clue as to what they were getting into financially, ...
The greatest challenge facing African-American leaders is increasing our collective wealth.
Mystery shopping can be fun and reasonably profitable. It can also be a scam designed to separate you from your money before you realize it's even gone.
When a major new federal law takes effect, there's often a flock of con artists not far behind trying to take advantage of the confusion.
With 71 percent of consumers having at least one credit card, new research findings from two different sources show that the Credit CARD Act, enacted in 2009, is working. The only difference between the reports is just how much consumers ...
As part of the 43rd annual Congressional Black Caucus Foundation Conference, the National Association of Real Estate Brokers unveiled new and disturbing research on how communities of color are suffering a worsening racial economic disparity.
Payday loans — the small loans that come with big fees and triple-digit annual interest rates — pose serious threats to the financial well-being of borrowers where they remain available. That was the conclusion reached in new research by the ...
A. Peter Bailey is a man of note and distinction.
A recent consumer survey shows that support for financial regulation including the Dodd-Frank Wall Street Reform Act and the Consumer Financial Protection Bureau is strong.
A new report purports that economic recovery needs a different perspective: one that views the creation of a strong middle class as the solution and not the by-product of strong economic growth.
In the aftermath of more than 2.5 million foreclosures, the Federal Housing Administration is now offering a homeownership program that will put previously troubled borrowers on a fast-tracked return to the home ownership market.
In a recent report to Congress, the Board of Governors of the Federal Reserve System shared the progress accomplished in lowering the nation's credit card debt.
In the midst of varying proposals for housing reform, civil rights leaders are publicly calling for lawmakers to keep mortgage lending affordable and accessible.