Recent legislation passed by Congress has changed how financial institutions will authorize and pay overdrafts associated with checking accounts. Although most overdrafts from paper checks and automatic payments will continue to be... Read more »
On Thursday, the Federal Trade Commission announced new rules to protect consumers from predatory and anti-consumer practices in the debt settlement industry. Effective October 27, 2010, for-profit companies that sell debt relief services... Read more »
In 2008, the Internet surpassed newspapers as an outlet for people seeking news. Yet analysts estimate that newspaper circulation is still about 40 million. That means that there are a lot of... Read more »
As a first-generation college graduate and daughter of immigrant parents, Nancy Trejos had definitely set herself up for financial success. She graduated from the prestigious Georgetown University and... Read more »
It seems like most stores can’t just have a sale, they need to have an event. The problem is that there are only so many reasons to reduce your prices, forcing retailers... Read more »
There are many tools and resources available to help teach kids about money such as board games and online activities, but the one consistent resource is parents. Four out of ten respondents... Read more »
In MMI's recent survey about kids and money, we asked parents which fictional character they thought would be a good financial role model for children. Votes were equally split (29% each) among Willy... Read more »
When asked what you do for a living, there are two ways to go: small-picture or big-picture.
Focusing on the small picture is to think about the everyday tasks... Read more »
MMI's recently released survey about kids showing that nearly 7 in 10 kids in America are asked to participate in fundraisers on behalf of their school or organization.
According to... Read more »
Ever wonder who, besides you, has access to your credit history? According to the Fair Credit Reporting Act, there must be a “permissible purpose” for someone to view your report. One of... Read more »