Why 65 Dems Are Backing A Bill To Strip Financial Protections For People Of Color

Car dealers and lenders are attacking the guidance because they do not want the CFPB to enforce antidiscrimination laws in car lending, the nonprofit group Americans for Financial Reform wrote in a September letter to lawmakers. They have known for decades that car dealer markups lead to discriminatory lending, and they would prefer the CFPB […]

Standard & Poor’s downgrades GRU bond rating

In a report issued Thursday, the agency downgraded the long-term rating on bonds secured by the combined revenues of GRUs utility systems one notch from AA to AA-. The rating has a stable outlook, meaning Standard Poors does not expect to review or downgrade the rating within the next two years. The downgrade reflects GRUs […]

Sean Talks Credit: Store Credit Cards Make Sense, If You Can Avoid Paying Interest

Store-branded credit cards can be easy to get: You can often qualify for them instantly in the checkout lane, whether your credit is excellent or bad. But you have to walk a tightrope with these cards to avoid losing money. At best, these cards can get you exclusive discounts, 0% financing and other loyalty benefits. […]

3 Things We’ve Learned About How Demographics, Credit Scores & Marital Status …

When you get a quote for car insurance, you might think that only a few things matter your driving record, the cost and use of your vehicle, the type of coverage you need, and other factors directly related to operating an automobile. But the fact is that many insurers are basing your insurance quotes on […]

Bento for Business helps plug the credit leaks

Mr.¬†Ahmad’s background, combining¬†experience at companies both big and small, has resulted in Bento for Business, a business credit card alternative providing real-time control over employee spending. Mr. Ahmad said American companies lose $3.7 trillion each year through employee misuse or outright fraud, with the average company taking a $280,000 hit. That is big bucks when […]