Today, we’re expanding the Your Money, Your Goals toolkit. This toolkit is a comprehensive and interactive guide designed for organizations that serve low-income consumers. It covers topics like budgeting for daily expenses, managing debt, and avoiding common financial traps. We’re releasing three versions of the toolkit for: Organizations that engage volunteers Legal aid organizations Workers [...]
Millions of young people enter the workforce every day without basic money management skills. The financial decisions they make in the beginning of their working lives can affect their financial success in the future. Developing healthy financial habits early on helps young people better access services and products that can help them save, invest, and [...]
Everyone knows the proverb "Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime." Collection & Credit Risk
The Consumer Financial Protection Bureau and Financial Services Roundtable have launched a public-private initiative to promote effective financial education across the U.S. Collection & Credit Risk
You probably have a few goals in mind when it comes to thinking about your financial life. You might think about taking more control over bills, or getting to a specific point like paying off a credit card, or making an important purchase. We want to help people improve their financial lives, so we want [...]
Most people don't like reading the fine print. That's a problem when there is important information and money on the line. That is precisely why the financial services industry must change the way that product disclosures are designed. Collection & Credit Risk
Timberline Financial, a New York debt relief company, announces that Teresa Dodson, senior vice president, will moderate a panel discussion next week of accounts receivable management industry executives on the topic of improving the liquidation of Cease and Desist collection accounts. Collection & Credit Risk
Elder financial exploitation crosses all social, economic and cultural boundaries. Older Hispanics, like other older adults, increasingly are targets of financial abuse and scams by a broad spectrum of perpetrators. A 2012 study found that 17 percent of Hispanic seniors are victims of financial exploitation, and that limited English proficiency is a factor that contributes [...]
It’s no secret that having a trusted, well-informed advisor or financial coach can increase your odds of financial success. We know that some people who are transitioning, perhaps from military service, being unemployed, or another tough financial situation, might especially benefit from this one-on-one service focused on their financial and life goals. That’s why we [...]
General Motors' auto-finance arm has received a Department of Justice subpoena related to the underwriting criteria it used on securitized subprime auto loans, the company said Monday. Collections - Other Consumer
