Financial Literacy


Renovating? Laying a Good Foundation for Home Improvement Success

You can build your foundation by accomplishing these important tasks.

Students Should Withdraw from Some Credit Card Programs

As 21st Century employers continue to seek a highly-trained workforce, the marketable value of a college education has never been higher.

How to Prepare Your Kids for Financial Success

Do you want to set your kids up for future financial success? Then start now.

Senate Bill Might Evict Affordable Housing Goals

In an unconventional move, legislation designed to reshape the nation’s $10 trillion housing finance market was released March 16. Since then, reactions to proposed broad changes have ranged from strong support to "wait and see" to outright opposition.

Ways to Close the Nation's Wealth Gap

Today, middle class households feel the same financial stress that low- and moderate-income families have borne for years, says new research by the Corporation for Enterprise Development.

States Shrink and Shift Higher Education Costs to Families

As the nation's trillion-dollar student debt continues to rise, a new analysis of public higher education's funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt.

Rebuilding Wealth Lost During Great Recession

The Center for Responsible Lending and key allies chose February to convene a symposium that addressed communities of color and consumer financial services.

Nation's Housing Recovery Eludes Black America

Black America’s barriers to building wealth are the focus of a recent research report jointly authored by the National Urban League and Zillow, Inc., the largest home-related marketplace on the web.

Consumers of Color Pay More for Dealer-Financed Loans

New research by the Center for Responsible Lending finds that consumers of color still report paying higher interest rates on dealer-financed car loans than other consumers.

Small Business Owner Optimism Hits Highest Level in Five Years

Small-business owners are the most optimistic they have been in five years, according to the latest Wells Fargo/Gallup Small Business Index, and expect their businesses to increase cash flow and hire more employees in 2014.

Dollars at Your Door: Extra Money through the Earned Income Tax Credit

While anticipated income tax refunds help some households make it through spring, many households don't take advantage of the dollars available through the earned income tax credit.

D.C. Office of Tax and Revenue Kicks Off the 2014 Filing Season

The D.C. Office of Tax and Revenue encourages taxpayers to file their tax returns electronically, which will save time and allow for a faster refund.

Banks Bid Farewell to Payday Loans

More good news keeps coming for consumers in early 2014. On the heels of new mortgage rules that took effect on Jan. 10, the following week four banks making payday loans pulled their products from the market.

Special Report: New Mortgage Rules Take Effect

Although many economists claim the recession is over, millions of Americans, particularly in communities of color, are still reeling from its financial effects. New mortgage rules, effective Jan. 10, offer a strong foundation to begin rebuilding what has been lost.

Student Loan Bill of Rights

In the aftermath of a recent report that found the lack of student loan servicing standards and information on monies owed, two U.S. senators will work as a team to create a Student Loan Borrower Bill of Rights.