The Latest Debt & Finance Blog

US Veteran hugged by daughter

New Study: Veterans More Likely to Suffer Credit Problems, But Save More

By Bill Fay | December 15, 2017

Military veterans are more likely to suffer through credit problems, underwater mortgages and late house payments than the civilian population. Those are some of the findings from a 2017 analysis…

Financial Planning Calendar

2018 Financial Planning Calendar

By Bill Fay | November 29, 2017

Would you like to save an extra $1,000 in 2018? Maybe you should eliminate that latte on the way to work. How about earning an extra $3,000? That can easily…

Equifax Data Breach Lady in front of computer screen

What To Do About Equifax Data Breach?

By Bill Fay | October 10, 2017

The recent data breach at Equifax, one of the three major credit reporting bureaus, has created an uncomfortable situation for the more than 145 million American consumers whose personal information…

Millennial Money logo

Millennials Using Side Jobs to Pay Off Debt

By Max Fay | August 2, 2017

In the words of rapper/philosopher Jay Z: “You can’t knock the hustle.” Millennials are having to hustle to pay their student loan debt. Over 44 million American have student loan…

Poor Credit Report

CFPB’s Deal with Credit Bureaus Could Raise 12 Million Scores

By Bill Fay | April 4, 2017

The Consumer Financial Protection Bureau, which prides itself on being the watchdog for U.S. consumers, has been snarling at America’s three major credit bureaus for a while and finally decided…

Millennial Home Buyer Wanted

Why Millennials Aren’t Buying Homes

By Max Fay | December 14, 2016

Data shows that homeownership among millennials is down, but that doesn’t mean they aren’t interested in buying a home. In the last two decades, homeownership in the U.S. has declined…

FAFSA Benefits Students

Changes to FAFSA Benefits Students

By Max Fay | October 25, 2016

You’re a college student, and life feels grand. You have your classes picked out for next semester, and you’ve signed a lease through next year. Everything is falling into place.…

Frugal Man Return From Paris

Frugal Man Home From Paris

By Bill Fay | August 11, 2016

The Frugal Man has never in his life bragged about throwing money around, but that 60-year silence on silly spending is over. I just dropped a boatload of money on…

Piggy bank with stethoscope and clip board

FINRA Study Says (Some) Americans’ Financial Health Improving

By Bill Fay | July 20, 2016

American consumers say they are having an easier time paying bills and are feeling much less stress over their financial situation than they were in 2009… unless they happen to…

Interest rates will not budge

Interest Rates Probably Not Budging in 2016

By Bill Fay | July 13, 2016

During Alan Greenspan’s nearly 20-year reign as Chairman of the Federal Reserve, commentators used to look at the heft of the briefcase he carried to meetings to guess whether interest…