Sep 17, 2021 | Financial Literacy, News
Experian’s 12th State of Credit Report Shows Rise in Credit Scores Despite Pandemic Challenges Experian recently released its 12th annual State of Credit report, finding that despite the COVID-19 pandemic, the average credit score rose to 695, the highest it has been...
Sep 1, 2021 | Financial Literacy, News
Seven Million Americans May Lose Unemployment Aid After Labor Day For many Americans, next week represents a looming monetary cliff with the potential to significantly impact their financial situations, as more than seven million Americans are set to lose their...
Aug 25, 2021 | Financial Literacy, News
Average FICO Score Continues to Rise; Hits 716 in April 2021 FICO recently announced that the average FICO credit score hit 716 in April 2021, which is eight points higher than one year ago and five points higher than the average score reported in October 2020. The...
Jul 7, 2021 | Financial Literacy, News
Increased Consumer Activity Driving Wages Up for Restaurant and Hospitality Workers As the economy recovers from COVID-19 and pandemic-related restrictions are lifted, low-wage workers are increasingly finding jobs and getting pay increases. The U.S. Bureau of Labor...
Jun 21, 2021 | Banks & Credit Unions, Financial Literacy, News
Morning Consult Report Finds Nearly 1 in 5 Americans Have Overdrafted Accounts Within Past Year Recent data from Morning Consult showed that nearly half of Americans overdrafted their accounts in the past and 19 percent have overdrafted within the last 12 months. At...
Jun 18, 2021 | Financial Literacy, News
Study Finds One in Three Consumers Found Errors in Credit Report According to a recent study checking consumer credit reports for accuracy conducted by Consumer Reports, 34 percent of the nearly 6,000 Americans who volunteered to be part of the study found errors in...