What every consumer should know about bank failures

Here’s why: Each deposit account owner will be insured up to $250,000 — so, for example, if you have a joint account with your spouse, your money will be insured up to $500,000. Read More

Buy Now, Pay Later loans popular among Gen Z, Millennials will soon affect credit scores

FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing reliance on BNPL loans. Read More

Money blog: Bank launches £185 switch deal; time running out to get crucial meter reading done

Welcome to the Money blog, Sky News' personal finance and consumer hub. Today, news of a bank switch offer and a crucial meter reading reminder. Share your thoughts and subscribe to our Money ... Read More

Here’s What Led To Republic First’s Collapse—The First Bank Failure Of 2024 - Forbes

Despite the failed deal, Republic First said in a regulatory filing the bank’s strategic plan was designed to work without the Norcross-Braca infusion, noting the bank had an “adequately ... Read More

Regulators Are Making it Easier to Break Up With Your Bank - Investopedia

It’s about to get a lot easier to break up with your bank or credit card. The Consumer Financial Protection Bureau (CFPB), the government’s consumer watchdog agency, proposed new rules ... Read More

This Week In Credit Card News: It’s Now Easier To Get A Credit Card; Consumer Borrowing Is Soaring - Forbes

Banks Are Making It Easier to Get Credit Cards Lenders are again welcoming borrowers with less-than-pristine credit, a vote of confidence in the health of the U.S. economy and Americans’ finances. Read More

Should you use a buy now, pay later loan? Here’s what to know

More than one in five consumers with a credit record in 2022 used buy now, pay later programs, according to a report released this year by the Consumer Financial Protection Bureau. Read More

Housing Market Trends - ConsumerAffairs

Get up-to-date information on housing trends, including where consumers are settling down, which housing markets have the best prices, and more. Housing Market Trends Trending ... Read More

Consumers Are Financing Their Groceries. What Does It Say About the Economy?

Buy now, pay later financing, a cousin to once-popular layaway programs, gained momentum during the pandemic when online shopping surged. In 2019, consumers in the United States bought about $2 ... Read More

The Federal Reserve made a rate cut decision today. Here's the impact on your money. - CBS News

High borrowing costs have made it more expensive to buy everything from homes to cars. The Fed's 0.25 percentage point cut will provide some added relief for consumers, although the initial ... Read More