ST. PAUL, Minn. (2/23/16)--One in four Americans are having difficulty paying for medications. Last year, total U.S. spending on prescription drugs by individuals, insurers, and governments jumped 13%--the largest increase since 2001. Certain demographics are feeling the crunch more than others (NextAvenue Feb. 1)
NEW YORK (2/2/16)--Becoming a landlord can be a profitable move, according to the online real estate site Trulia, but, it’s not a passive investment--it’s a small business. Take on the commitment only after you’ve given it careful consideration and research (CBS MoneyWatch Jan. 25).
Nearly half of adults in their 40s and 50s belong to the sandwich generation--the population of middle-aged adults who are taking care of their children and at the same time providing some level of care or support to their elderly parents.
The kids are just back to school, but some people already are doing their holiday shopping. About one in seven American adults--32 million--already are crossing items off of their gift lists, according to a survey by CreditCards.com conducted over Labor Day weekend (USAToday Sept. 15).
Working baby boomers and retirees don’t have to pay an arm and a leg to go back to school. If you know where to look, financial assistance is available for any level of involvement--online or in the classroom, for credit or just for the enjoyment.
CUNA’s final rule analysis of the CFPB changes to the TRID rule is now available. The rule, published in the Federal Register this week is effective Oct. 10, with a mandatory compliance date of Oct. 1, 2018.
While proposed changes to the CFPB prepaid accounts rule provide some clarity, it will not be helpful for most prepaid card users and CUNA remains opposed to the rule’s application of Regulation Z to certain prepaid cards.
While the DOD has affirmed the Military Lending Act’s effective date for credit card accounts of Oct. 3, CUNA is engaged with legislators to build support for efforts to exempt credit unions from the rule.