The competition in the credit card market intensifies. Credit card issuers are offering lucrative perks, including sign-up bonuses, 18-plus months of 0% introductory APR, cash rewards, or all. credit cardholders might be getting 3% cashback on all their purchases soon. ...
Student Loan Servicer Navient is required to cancel student debt for more than 66,000 student loan borrowers. Thirty-nine state attorneys general alleged Navient was giving out private loans to students they knew who would have difficulty paying them back. Navient,...
Mortgage Interest Rates are soaring on the back of the news that the Federal Reserve is gearing for a series of interest rate hikes to combat rising inflation. The Mortgage Bankers Association (MBA) said yesterday that the 30-year fixed-rate mortgage...
Overdraft fees made up about 10 percent of big bank profits. They collected more than $30 billion in Overdraft fees in 2020. Bank of America, the nation’s second-largest bank, said that it would cut its overdraft from $35 to $10....