Car buying drives uptick in borrowing

Mar 14, 2011 Brian Bradley

Consumers are once again beginning to borrow at high levels, and much of that can be attributed to increased auto purchasing, according to the Federal Reserve. With borrowing exceeding $5 billion for January, despite decreases in credit card


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Rent-to-own doesn't fix credit, but has alternatives

Mar 13, 2011 Brian Bradley

Rent-to-own doesn't fix credit, but has alternatives

For the millions of consumers with poor credit scores, owning a home may feel like an impossibility. However, to take steps toward home ownership, consumers have increasingly turned to rent-to-own agreements. These contracts allow people to


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Military members can access free credit report

Mar 13, 2011 Brian Bradley

Military members can access free credit report

Military members will have access to a free credit report thanks to an initiative from the FINRA Investor Education Foundation. The agency said that it will provide a free consumer credit score reading for all active personnel and "educational


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National consumer protection week brings plenty of warnings

Mar 13, 2011 Brian Bradley

Sunday, March 6, kicked off the 13th annual National Consumer Protection Week and while many outlets are celebrating advancements in protecting user identities, consumer advocates are espousing the importance of protecting one's sensitive


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U.S. consumer credit increases for the fourth consecutive month

Mar 13, 2011 Brian Bradley

New data from the Federal Reserve shows that consumer purchasing power continues to increase, which is a positive sign both for individuals and the economy. According to the central bank, consumer credit increased by slightly more than $5 billion


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