Personal Finance News

2:06 PM EST
1/17/2012 Consumer credit card debt downConsumers decreased their credit card debt by 11 percent last year, with the average debt load declining in every state. The average credit card balance was $6,576 in 2011, down from $7,404 the previous year.

Source:AHN Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance, Macro Economics, Credit And Debt

10:38 AM EST
1/10/2012 Suze Orman launches pre-paid debit cardOutspoken financial adviser Suze Orman has launched a pre-paid debit card. The Approved Card is supposed to be Orman's consumer-friendly solution to the prepaid card industry, which has been under fire for hitting users with hidden and steep fees while providing inadequate disclosures.

Source:AHN Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance, Human Interest, People, Celebrity

8:59 AM EST
12/6/2011 Remittances to developing countries reboundA slump in the amount of money migrants sent home during the global financial crisis appears to have ended with officially recorded remittances to the developing world reaching an estimated US$351 billion in 2011, an 8 percent increase from 2010.

Source:IRIN Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance

12:57 PM EST
11/18/2011 Fixed mortgage rates steady near 4 percentThe rate for the 30 year fixed mortgage rate remained near 4 percent for the third consecutive week.

Source:AHN Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance, Construction And Property, Real Estate

9:37 AM EDT
11/4/2011 The 'Bargain Buyer' Used Car Scam
Press ReleaseWhat do you do when your potential used car buyer drives away the car during test drive? Colorado Attorney General John Suthers announces indictment against Othello Bland and Chelsea Getchell after being suspected of stealing used cars and reselling them for cash to unsuspecting buyers.

Source:AHN PR Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance, Consumer Goods

6:42 AM EDT
10/31/2011 Bank fee hike gives credit unions a boostCredit unions are benefiting from a hike on debit card fees imposed by Bank of America (BofA)on Sept. 29. They are taking advantage of the growing anti-bank sentiment across the country as evidenced by the Occupy Wall Street movements.

Source:AHN Topics:Economy, Business And Finance, Financial And Business Service, Banking, Lifestyle And Leisure, Consumer Issue, Personal Finance

9:00 AM EDT
10/24/2011 Tawana Phillips, Atlanta, Georgia Nurse, turns Media Darling Wealth Entrepreneur.
Press ReleaseTawana Phillips starts the International Association of Women Real Estate Investors with a twist. Helping Women HEAL Ancestral Poverty in their Lives and Create Generational Wealth, with Simple How-to Cutting Edge Tips.

Source:AHN PR Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance

6:06 AM EDT
10/19/2011 2011 American student loans exceed $100 billionStudents loans in 2010 across the U.S. breached the $100 billion for the first time, while total outstanding student loans exceeded $1 trillion, according to the Federal Reserve Bank of New York.

Source:AHN Topics:Education, University, Economy, Business And Finance, Financial And Business Service, Personal Finance, Macro Economics, Economic Indicator

9:44 AM EDT
10/6/2011 Study: Canadians want to retire at 63A study released on Thursday identified the desired retirement age for the average Canadian worker at 63. The report by the Canadian Imperial Bank of Commerce said 37 percent of survey respondents cited that age as the time when they would likely have saved enough to permanently leave the workforce.

Source:AHN Topics:Economy, Business And Finance, Financial And Business Service, Personal Finance, Labor, Retirement, Lifestyle And Leisure, Lifestyle

8:21 AM EDT
10/5/2011 Cameron encourages Britons to pay off credit card debtsBritish Prime Minister David Cameron is urging Britons to pay off their credit card debts in an address scheduled to be delivered to delegates of the Conservative Party conference on Wednesday. The strategy aims to help the country rise out of its economic woes.

Source:AHN Topics:Economy, Business And Finance, Economy, Politics, Government, National Government, Financial And Business Service, Personal Finance