September 22, 2016
Financially Capable Young’uns
The Consumer Financial Protection Bureau has issued a new model and recommendations, Building Blocks To Help Youth Achieve Financial Capability (link to report at bottom of page). It opens, To navigate the financial marketplace effectively, adults need financial knowledge and skills, … Continue reading
September 22, 2016 in financial literacy | Permalink | No Comments
September 8, 2016
Fighting Financial Exploitation of Elders
The Consumer Financial Protection Bureau has issued a Report and Recommendations on Fighting Elder Financial Exploitation through Community Networks. The Executive Summary opens, The widespread prevalence of elder financial exploitation destroys the financial security of millions of older Americans annually. … Continue reading
September 8, 2016 in financial literacy | Permalink | No Comments
June 21, 2016
How We Feel About Credit Scores
WalletHub conducted its 2016 survey of American knowledge and opinions of credit scores and interviewed me about their findings: What is your reaction to one-third of survey respondents believing that anyone can access their credit score/report, as if it is public information? Given … Continue reading
June 21, 2016 in financial literacy | Permalink | No Comments
June 20, 2016
Consumers’ Credit Score Score
The Consumer Federation of America and VantageScore Solutions, LLC, released the findings from their sixth annual credit score survey. Their findings are mixed, showing that many consumers have a basic understanding of how a credit score operates, but that many … Continue reading
June 20, 2016 in financial literacy | Permalink | No Comments
January 19, 2016
Know How to Get a Mortgage?
Fannie Mae’s Economic & Strategy Research Group posted research findings titled What Do Consumers Know About The Mortgage Qualification Criteria. The findings are sobering: When asked to identify accurate key mortgage qualification criteria (down payment, credit score, and DTI ratio), about … Continue reading
January 19, 2016 in financial literacy | Permalink | No Comments