Biggest Financial Crimes: Tyco International When people dwell on the enormous scope of finance, crime certainly does pay. In fact, over the years, various individuals and groups have committed some of the most significant financial crimes in history. From bank...
American credit cardholders carry, on average, about $6,000 in credit balances, but 40% of them don’t know the interest rate that they are paying on such a large balance, according to Bankrate. Ignorance is not bliss in this situation because...
American homeowners have $9.4 trillion in tappable home equity. The average wealthy American homeowner can take $178,000 out of their home to start their business, build a pool, or go on vacations. Home prices bottomed out in 2012 and started...
Lenders use the 28/36 rule to assess borrowers’ ability to manage their liabilities, including consumer debts and mortgages. The American middle-class can use it to get out of debt and live within their means. Numerous issues are affecting the American...