Reverse Mortgages Now Look Cheaper

Posted on 19 April 2010 | 7:42 am

Some of the country's biggest reverse-mortgage lenders are slicing costs—helping even some affluent homeowners who want to generate additional income....  more»

New Help for College Borrowers

Posted on 12 April 2010 | 8:28 am

Buried in the health-care bill is some modest help for parents borrowing to pay college costs. But the legislation doesn't address current and former students who are wrestling with education debt....  more»

Is It Time to Refinance Your Mortgage?

Posted on 9 April 2010 | 8:59 pm

With interest rates on the rise, more homeowners are asking that question. The answer depends, in part, on how long they plan to live in their current home....  more»

Data Theft Hits 3.3 Million Borrowers

Posted on 28 March 2010 | 6:53 pm

Company and federal officials said they believed last week's theft of identity data from a student-loan guarantor was the largest-ever breach of such information and could affect up to 5% of all federal student-loan borrowers....  more»

BofA Ends Some Overdraft Fees

Posted on 10 March 2010 | 3:44 am

Bank of America plans to announce that it is eliminating $35 overdraft fees on debit-card purchases as the bank tries to stay ahead of a sweeping round of regulations....  more»

Home-Saving Moves Afoot

Posted on 8 March 2010 | 11:01 am

Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages....  more»

Defaulted Loans May Haunt Seniors

Posted on 8 March 2010 | 10:05 am

A little-noticed law could result in smaller Social Security checks for hundreds of thousands of seniors who owe the U.S. money from defaulted loans and other debts more than a decade old....  more»

New BofA CEO Seeks Credit-Card Fix

Posted on 29 December 2009 | 4:06 pm

When Bank of America Corp.'s new chief executive takes over next week, one of the first problems he will face is one he's already been grappling with—the bank's credit-card business....  more»

Tamer Cards for Tougher Times

Posted on 22 December 2009 | 5:20 pm

When the economy was roaring, charge cards requiring users to pay balances in full took a back seat to revolving credit cards. Now charge cards are making a comeback....  more»

More Borrowers Drawn to 15-Year Mortgage

Posted on 17 December 2009 | 9:17 am

Lured by rock-bottom interest rates, a growing share of borrowers looking to refinance are opting for a 15-year mortgage instead of the traditional 30-year one....  more»

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