What to Do After a Credit Card Data Breach
Over 100 million Capital One cardholders may have had personal data exposed. We explain what to do after a credit data breach to protect your identity...Read full article
Category: Banking
Develop better banking habits so you can make your money work for you!
How you bank and the accounts you use can have a big impact on your ability to maintain financial stability. Without the right strategy, it can be a struggle to reach your goals. From choosing accounts that help you avoid fees that can drain your funds, to finding the right financial services to fit your lifestyle and goals, these banking articles from the certified experts at Consolidated Credit help you learn how to bank smarter:
- Choose the right accounts so you can avoid fees that drain your funds.
- Find the right financial services to fit your lifestyle and goals
- Take control of your finances so you can spend less time worry about your money
You can also find helpful articles for how to open the right accounts if you’re an unbanked or underbanked consumer. Whether past mistakes led to account closures or you simply lack trust in banks, we have articles that can help you understand how traditional banking methods can work in your favor.
Will Universal Savings Accounts Really Be the Best Way to Save for Emergencies?
Congress wants to create Universal Savings Accounts to give Americans an easier way to generate emergency savings, but will they help average families?..Read full article
Understanding the Rate Hike Impact on Your Debt and Savings
We help clients enrolled Consolidated Credit’s relief program understand the Federal Reserve rate hike impact on their credit card debt, loans and savings...Read full article
One More Good Reason You Don’t Need Credit
For more than two decades, attractive rewards programs have been a big reason that many consumers turn to credit cards at checkout. But as banks scale back credit card rewards and increase debit card rewards, this trend may be changing...Read full article
Is Mobile Banking Better?
Millennials are the first to jump on new technology that makes their lives easier, but a new survey finds they also may be the first to dump tech that doesn’t perform like they expect. This survey shows the problems with our current mobile banking experience...Read full article
Don’t Let Record Bank Fees Bust Your Budget
For the 13th year in a row, bank fees have hit new all-time highs. Find out where ATM and overdraft fees are the worst and what you can do to minimize them...Read full article
The Dubious Return of Direct Deposit Advance
Direct deposit advance could make a comeback, but with interest rates up to 300%, this “solution” could be just as bad for your finances as payday loans...Read full article
How Much Should You Tip in 2017?
A new poll reveals credit card holders are some of the best tippers in the U.S., but how much should you tip in 2017? who should you tip or not tip?..Read full article
What’s Your Preferred Payment Method?
A new study finds cash is still a preferred payment method that most Americans use at least once a week How do you like to pay at checkout: Cash or credit?..Read full article
A New Face to ATM Security
Could face recognition technology be the next step in increasing ATM security against identity theft? Two major players are betting that it is...Read full article
How Secure is Secure Online Banking, Really?
We all assume that secure online banking is equipped to protect our data, but an industry study reveals most financial institutions can’t stop all attacks...Read full article
Financial Service Providers Fail to Serve Effectively
A survey finds consumers aren’t satisfied with the service they receive from financial service providers. Does your financial institution meet your needs?..Read full article
Vault 7 Reveals Mobile Pay Security Risks
Vault 7 was intended to show the ability of government agencies to spy on us, but it also reveals the high security risk of using mobile payments...Read full article
Research of the Week: How America Prefers to Make Payments
Although debit cards are used more often, credit cards cover more total cost. Consolidated Credit offers tips to maintain a balanced budget free of debt...Read full article
Will Traditional Banks Tank?
Consumers lack confidence in our current banking system and believe less and less in the power of traditional banks. So what’s next for our money?..Read full article
Banking on the Unbanked
If you’re unbanked because of past issues or a lack of trust in big banks, we have solutions on how to achieve the basic financial stability you need...Read full article
Chase: No Credit Backup on Overdrafts
Chase banking customers should take note that the company is changing its policy that allows a credit card to be used for account overdraft protection...Read full article
Hispanics Don’t Trust Banks and It’s Costing Them
Hispanics who had bad experiences with financial institutions in their home countries struggle to adapt and unbanked Latinos are becoming all too common...Read full article
Payday Overdraft Fees Average $185
Multiple automated payment requests in a day can drive up overdraft fees on a payday loan. Know what you’re getting into before you borrow for a quick fix...Read full article
Cash or Credit for Small Purchases?
Cash may still be king when it comes to small purchases for incidentals of less than $5, but debit and credit are closing the gap as more youth prefer plastic...Read full article
Millennials are Elastic about their Plastic
Millennials are using credit cards effectively and paying off balances in full, but a preference for paycards over bank accounts could be a financial risk...Read full article
Should You Split Your Bank Accounts?
Many Americans find benefits in splitting their money between two banks in order to maximize the financial benefits they receive from their accounts...Read full article
A Nickel for Your Thoughts?
Spending more than value of a penny to mint each coin just doesn’t make fiscal sense. Should the federal government close this budgetary spending leak?..Read full article
Young Professionals Fail to Plan for Risks
From identity theft and online reputation management, to insurance and asset diversity, Millennials must protect their financial and professional interests...Read full article
