Credit utilization ratio – a significant factor in your credit score Most consumers who keep a close eye on their credit score know exactly what a credit utilization ratio is; it’s the percentage of your… Your Credit Utilization Ratio
Inflation rates in the U.S. have risen faster than economists have predicted. According to the Bureau of Labor Statistics of the U.S. Department of Labor, the Consumer Price Index for All Urban Consumers (CPI-U) rose… Inflation Picks Up the Pace
Many consumers have grown to enjoy the convenience of shopping online. You can easily compare products and prices from many retailers within a short amount of time. The shipping charges are usually well worth saving… Paying for Online Purchases
Better banking may mean not using a bank. Choosing a financial institution, for many, simply means going to the bank their parents do business with, picking one that’s close to home or work, or giving… Credit Unions
CDs are a low-risk investment that offers a slightly better return on your deposit than a traditional savings account. CDs are protected from loss, up to $100,000, as long as the issuing financial institution is… Certificates of Deposit (CDs)
Paying bills online is great; it saves time and money. You don’t have to buy stamps and checks, and it takes less time to set up online payments than it does to write and mail… Paying Bills Online
The unemployment rate is on the rise, the stock market has been giving investors a scary ride, the American homeowners’ biggest asset has been devalued, inflation is pushing up the price of everything, and we… Surviving an Economic Downturn
According to the U.S. Department of Labor, the unemployment rate rose to 5.7 percent for July, the highest it’s been in four years. Non-farm payroll employment continues to trend down, at a loss of 51,000… Unemployment Rate Hits Four-Year High
The White House expects a record-breaking federal deficit. The federal budget deficit for fiscal 2009 is estimated to top a record-high of $482 billion, according to a Bush administration report released on Monday. The last… Federal Deficit Reaches Record High
The new federal minimum wage of $6.55 an hour goes into effect today, which amounts to a $.70 pay raise for the roughly two million American workers who must make ends meet on minimum wage.… Minimum Wage Increase