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).
Any retiree wants the best return on retirement accounts. But trying to achieve strong returns by using managed investment accounts could backfire, according to a new Government Accountability Office report.
Young adults might be smart enough to get into college but often are ignorant about even the most basic financial skills. This is not surprise--in the United States less than half of the states mandate a course in personal finance as a requirement for high school graduation.
More than a third of the U.S. is having trouble paying debt on time. Thirty-five percent of Americans have debt in collections--a bill overdue by 180 days--according to a new study from the Urban Institute. Payments this late have been reported to a credit bureau and can affect your credit score.
Don't deny yourself a significant source of income in retirement. If you were married for 10 years or more and are divorced, you could be claiming half of your former spouse's Social Security benefits.
You might be reluctant to make upgrades when you're ready to sell your house. After all, you won't be in the house to enjoy them for long. And most projects recoup only 66% of their costs, according to the 2014 cost vs. value report from Remodeling magazine.
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.