June 2012

Today, post-secondary education is necessary for success in the working world. Regardless of the type of job market you want to enter, it is now essential to receive education on the subject. It has never been more important to attend a post-secondary institution, and rising costs of tuition reflect this.

A recent report from the Consumer Financial Protection Bureau found that student debt had reach $1 trillion over the course of last year. As such, many former students are having a difficult time paying off their debt after they have left school.

The economic downtown has had some very negative effects on America’s housing market over the course of the past few years. However, decreasing mortgage rates indicate that there is, indeed, a light at the end of the tunnel. According to a recent report in USA Today, 30-year mortgage rates have fallen to an all-time low, which will be the boost that the housing market has been needing.

Over the course of the past few months, credit card providers have experienced fewer issues with cardholders. Since the year began, credit card providers have seen a decrease in the number of delinquent payments and charge-offs, as card holders seem to be better behaved.

Discover, Bank of America and Capital One have all seen a decrease in the amount of late payments they have received from customers. Late payment frees can incur some hefty fines for cardholders; so, it seems that they want to get their payments under control in order to avoid unnecessary charges.

We all know that men and women certainly prioritize their budgets in very different ways – but what about credit card spending? Do men choose to use their credit cards in a different way from their female counterparts? A new study seeks to answer these questions. CreditDonkey.com recently published a new study that shows men and women have different priorities when it comes to credit card spending.