Digital Footprints: A New Pathway in Scoring Credit?

Digital Footprints: A New Pathway in Scoring Credit?

← Previous Article Next Article → According to a new study by the Center for Financial Research (CFR) at the Federal Deposit Insurance Corporation (FDIC), a consumer’s digital footprint (i.e. whether a consumer uses an Apple or Android product, etc.) can do...
Delinquencies in Installment Loans Hold Steady in Second Quarter

Delinquencies in Installment Loans Hold Steady in Second Quarter

← Previous Article Next Article → Installment loan delinquencies held steady in the second quarter of 2018, according to the American Bankers Association (ABA). Since 2003, installment loan delinquencies for closed-end loans remain well below the 15-year...
Federal Reserve Official Defends Regulatory Decisions

Federal Reserve Official Defends Regulatory Decisions

← Previous Article Next Article → Four government regulators met with the Senate Banking Committee on Tuesday to answer questions about the implementation of the regulatory relief bill – the Economic Growth, Regulatory Relief, and Consumer Protection...
Financial Literacy: Savings and Checking Accounts

Financial Literacy: Savings and Checking Accounts

← Previous Article Next Article → Last month, we launched our Digital Financial Literacy Program. This program is designed to provide easy-to-understand information to help people better understand their finances and make decisions. Through this program, we...
Government Mails out Refund Checks to Victims of Scott Tucker

Government Mails out Refund Checks to Victims of Scott Tucker

← Previous Article Next Article → The Federal Trade Commission, along with the Department of Justice, has mailed refund checks totaling $505 million to more than one million people who were victims of a “lending scheme operated by AMG Services, Inc. and...
Too Big to Fail: Is it Over?

Too Big to Fail: Is it Over?

← Previous Article Next Article → Ten years ago, the American economy suffered one of the worst recessions in U.S. history. Thousands of businesses closed up shop, and millions of people were left unemployed. At the time, billions of dollars were poured into...
The Global Rise of Online Banking

The Global Rise of Online Banking

← Previous Article Next Article → More people are using online lending platforms to fulfill their financial service needs today than ever before. The global volume of new fintech credit – or credit that is facilitated by online platforms not operated...
Why is Financial Literacy Important?

Why is Financial Literacy Important?

← Previous Article Next Article → In today’s rapidly expanding and changing financial market, becoming and staying financially literate is more critical than ever. From understanding the current economic landscape to the digitization of banking, successfully...
What is Financial Literacy?

What is Financial Literacy?

← Previous Article Next Article → Financial literacy is the ability to understand a broad range of financial areas including financial management, strategic investment, and much more. The goal of financial literacy is to help individuals and families make...

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