H&R Block Inc. (NYSE:HRB - news), trying to distance itself from accusations it overcharges customers, on Tuesday said it will disclose more about tax-refund loans, and warn clients who have debt that might affect the loan process.? The changes concern refund-anticipation loans, which are short-term cash advances by the tax-return preparer to clients who [...]
Oprah Winfrey has famously given audience members cars, paid off their debts and fulfilled their wildest dreams.
Now she’s giving her audience what she calls the ”gift of giving back.”
On a show that aired Monday, Winfrey gave more than 300 audience members $1,000 debit cards sponsored by Bank of America, with the stipulation that they donate [...]
Private mortgage insurance (PMI) is extra insurance a lender may require you to buy if you’re forking over less than 20% of a property’s value as a down payment, because people who put down small amounts are more likely to default on a loan. If you opt for mortgage insurance, once you’ve got 20% equity [...]
Wal-Mart Stores Inc. and General Electric Co.’s finance arm are joining the race for a share of China’s growing consumer credit market by launching their own credit card this week, a Wal-Mart spokesman said Tuesday.
The card is to be formally launched on Friday but the companies began taking applications on Monday, said Jonathan Dong, a [...]
By Linda SternSat Oct 21, 3:32 AM ET
If you’re still being loyal to the one credit card you’ve had for years, move on.
With rewards programs changing almost daily, it pays to load up on plastic and be strategic about how you use it.
That applies, of course, only to those consumers who pay off their [...]
The title of this article is more ominous than its content. I don’t expect you to have to decide whether you want to own a home or retire comfortably. I think you can have both — if you plan well. But I recently ran across some interesting information about how you might want to spend [...]
Only a small percentage of people die at the age all those life expectancy charts predict they will. Most people die sooner or live longer. That’s the point of statistical averages.
That means you need to figure out how — simultaneously — to live for today and plan for a long, long life. And that is [...]
With a good credit score an applicant will receive prompt response from many lenders, all of them offering low interest rates and low down payment options. The loan amount offered also may be high. On the contrary a low credit score would result in a lot of rejection from various mortgage financers. Because creditors wouldn’t come forward easily to give credit to individuals that have a history of difficulty in repaying existing loans. (more…)