So what is the Schumer box?
According to The National Foundation for Credit Counseling, 39% of consumers who use credit cards carry more than $8,000 of debt.
Credit scores are a quick and easy method for creditors to judge you as a potential customer.
The three large reporting companies, TransUnion, Equifax, and Experian, will provide you with an annual free copy of your credit report, but you must ask for it.
The latest Federal Reserve numbers from January has revolving consumer debt at $835 billion dollars.
Credit card companies can no longer easily sign a kid up for a credit card.
April is Financial Literacy Month and The American Bankers Association is sponsoring a Teach Children to Save Day tomorrow, April 11th.
I do believe kids should get an allowance because having money of their own gives them the opportunity to learn about saving, spending, and delaying gratification.
T. Rowe Price’s annual “Parents, Kids & Money Survey” was just released and there are some new results.
Teaching our kids money skills is more important than teaching them to say “thank you”.