Are the days of brick-and-mortar banks numbered? According to research from TD Bank, a national bank founded in Maine in 1852, 88 percent of Millennials (those aged 18-34) use online banking for bill paying and other financial transactions. These 88 percent identified as Internet users and half of those Millennials surveyed pay monthly bills, withdraw […]
With the reports of student debt and the difficulties faced by current college students and graduates when it comes to repaying their loans, more and more young adults (those between the ages of 18 and 24) aren’t applying for credit cards. With the federal government currently holding over $552 billion in student loans, it’s no […]
A recent study by the Center For Responsible Lending (CRL) revealed that some of the largest banks in the United States are offering their customers advance-deposit loans with interest rates as much as 200 to 300 percent. These advance-deposit loans are essentially bank payday loans — they are offered as a short term loan to […]
Did you know that you can get paid to save money? This isn’t some pyramid scheme or a scam. There are real, credible ways for you to make money while saving money. For example, the Internal Revenue Service (IRS) offers a Retirement Savings Contributions Credit (sometimes referred to as the Saver’s Credit). Also, there are […]
Online banking has become the norm for most us, but we still like being able to visit the bank branches when we need to. It’s something about human interaction or just knowing you can have a problem handled face-to-face instead of over the phone. If you’re looking to make a change and want to find […]
