Trying to explain how a credit score is actually calculated is like explaining why the sky is blue to a 4-year-old. Impossible. And the credit in...
AP | DEREK KRAVITZ | Posted 04.06.2012
WASHINGTON — Americans took out more loans to buy cars and attend school in February but used their credit cards less frequently for the second ...
AP | DEREK KRAVITZ and DAVE CARPENTER | Posted 05.09.2012
WASHINGTON — Americans are climbing further out of the hole they sank into during the Great Recession. A stock rally at the end of 2011 helped ...
Reuters | Posted 03.01.2012
(By Ann Saphir - Reuters) - Borrowing by U.S. small businesses rose in January, another sign that recent stronger economic data may be more durable th...
Brian Hamilton | Posted 04.29.2012
There are times when it is good to borrow money, but those times are limited. So how do you know when you truly need to borrow for your business? The answer is not always obvious.
HuffingtonPost.com | Mark Gongloff | Posted 02.07.2012
Consumer credit posted a second straight eye-popping monthly gain in December, according to a new Fed report, which some are taking as a sign of a new...
HuffingtonPost.com | Catherine New | Posted 01.25.2012
Memo to those who are out of work: Don't get your hopes up this year. Federal Reserve Chairman Ben Bernanke said on Wednesday that the central bank di...
The Huffington Post | Alexander Eichler | Posted 01.04.2012
If one of your New Year's resolutions is to pay off your credit card debt, be advised that it's getting harder all the time. That's because credit car...
The Huffington Post | Alexander Eichler | Posted 12.25.2011
The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...
Gemma Godfrey | Posted 09.26.2011
Mirroring issues in the EU, a problem of debt cannot be solved by yet more debt. With the threat of a downgrade looming, any rise in interest rates could make the situation worse, hitting the tax payer and U.S. exporters.
The Washington Post | Ezra Klein | Posted 09.15.2011
It’s easy to understand why the government will have more trouble borrowing if it fails to pay its debts. It’s a bit harder to see why ordinary Am...
Reuters | Posted 08.01.2011
(Ann Saphir) - Borrowing by small businesses surged in April, data released by PayNet Inc on Wednesday showed, providing some evidence the economy...
Adam McKay | Posted 05.25.2011
I'm sending gifts to McConnell and Boehner with this note: "Thanks for borrowing more money from us to pay for your tax cuts for the rich. And thank you for always placing China first."
Micki Krimmel | Posted 05.25.2011
For the first time ever, I feel connected to where I live. I feel engaged with my neighborhood and my city. Through NeighborGoods, I have become a more active local citizen.
AP | By MARTIN CRUTSINGER | Posted 05.25.2011
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Iris Mack | Posted 05.25.2011
It seems that I have unwillingly made a 10 day ZERO interest loan to Bank of America.
Huffington Post | Grace Kiser | Posted 05.25.2011
As the economy emerges from the downturn, consumers are likely to spend the next several years drastically reducing their debt -- at least if historic...
HuffingtonPost.com | Lucia Graves | Posted 05.25.2011
As the budget crisis worsens, some lawmakers are looking where others dare not - at defense spending. In a letter to the National Commission on Fiscal...
Chicago Sun-Times | Posted 05.25.2011
Mayor Daley blasted the Illinois General Assembly today for attempting to borrow its way out of the state pension crisis -- even though he's using the...
AP | ANDREW TAYLOR | Posted 05.25.2011
WASHINGTON — The Senate voted Thursday to allow the government to go a whopping $1.9 trillion deeper in debt, offering a vivid election-year rem...
Bruce Judson | Posted 05.25.2011
Earlier this week, we announced a new service, The Cost Savings Guy, which has the potential to change the fortunes of small businesses and nonprofits that are struggling to stay afloat.
New York Times | EDMUND L. ANDREWS | Posted 05.25.2011
WASHINGTON -- The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.'s on terms that seem too good to be...
newyorker.com | James Surowiecki | Posted 05.25.2011
. Debt didn't get dangerously out of scale because the system was broken. It got out of scale, in part, because the system worked. The government d...
The Wall Street Journal | ANNE MARIE CHAKER | Posted 05.25.2011
Students are borrowing dramatically more to pay for college, accelerating a trend that has wide-ranging implications for a generation of young people....
Dave Johnson | Posted 05.25.2011
We don't sell enough things because we don't make enough things anymore. Over time this means we get poorer and poorer as we borrow more and more.
The Huffington Post | Catherine New | Posted 05.11.2012