Tag Archives: Consumers

Tuesday, July 22, 2014

Many homebuyers fail to calculate cost of potential mortgage

Home For Sale Sign in Front of Beautiful New Home

A recent poll commissioned by Discover Home Loans showed a large percentage of prospective homebuyers see a home purchase as a good investment, but many have not calculated the potential monthly costs. According to the survey, while 87 percent of … Read More…

Monday, June 2, 2014

Checking accounts among most common caches for savings in U.S.

Savings

New research released last week by America Saves showed transaction-based checking accounts are becoming one of the most common places for U.S. consumers to put savings away. The research, conducted in March, polled more than 1,000 American Savers participants through … Read More…

Monday, June 2, 2014

JPMorgan Chase, CFSI launch initiative to improve financial capability

Jennifer Tescher

JPMorgan Chase and the Center for Financial Services Innovation (CFSI) announced last week the launch of the Financial Solutions Lab, a $30 million, five-year initiative aimed at improving Americans’ financial capability. The lab will host a series of competitions for … Read More…

Friday, May 30, 2014

“Spent: Looking for Change” documentary to highlight financial exclusion

Tyler Perry

“Spent: Looking for Change,” a documentary narrated by Tyler Perry, will premiere next week, shining light on the lives of millions of Americans who live outside the U.S. financial system. The film, which is sponsored by American Express, will premiere … Read More…

Tuesday, May 27, 2014

Consumer finance optimism increases slightly in April

Dollar Sign Upward Arrow Upward Trend

The Consumer Bankers Association (CBA) and AOL released data last week that showed a slight uptick in consumers’ finance optimism—the result of diminished concerns regarding their financial situation. Last month, the CBA and AOL’s finance optimism index rose slightly to … Read More…

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