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The College Debit Card Trap – Kiplinger’s Personal Finance

August 16, 2019CreditBy toptierfinancial

High fees can make branded cards a bad deal. Getty Images By Sabrina Medler, Intern August 1, 2019 From Kiplinger’s Personal Finance When students start school this fall, they should study the fine print before signing up for a debit … Continue reading →

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CFPB Debt Collection Rule Comment Period Extension

August 14, 2019CreditBy toptierfinancial

  Thursday, August 1, 2019 In a notice to be published in tomorrow’s Federal Register, the CFPB is extending the comment deadline for its proposed debt collection rules until September 18.  The proposal’s initial 90-day comment period was set to expire on August … Continue reading →

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Credit Card Rates At Historical High In The US

August 14, 2019CreditBy toptierfinancial

It costs more than ever to pay with a credit card in the U.S., with many consumers paying 17 percent, the highest rate in the 25 years the Federal Reserve has made the calculation, the Financial Times reported on Tuesday … Continue reading →

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Apple’s New Credit Card Has Arrived. Here’s How It Stacks Up Against Our Favorites

August 14, 2019CreditBy toptierfinancial

The Apple credit card is here. But unless you really value convenience of paying with your phone, you might find better perks elsewhere. Five months after the initial announcement, the Apple credit card made its official debut Tuesday — at … Continue reading →

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New State Law Aims To Limit High-Interest Consumer Debt

August 14, 2019CreditBy toptierfinancial

SPRINGFIELD — Illinois residents who have had judgments entered against them for consumer debts will soon start paying less interest on those debts, and collectors will have a shorter timeframe in which to collect on those debts. That’s the result … Continue reading →

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Florida residents are the fourth-worst in the U.S. for paying back loans

August 14, 2019CreditBy toptierfinancial

click to enlarge Photo by Sharon McCutcheon/Unsplash With a little to no affordable housing, a swath of low paying jobs, and skyrocketing healthcare costs, it really shouldn’t come as a surprise to anyone that Floridians are drowning in debt. Financial … Continue reading →

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Brussels must make European banking a reality

July 31, 2019CreditBy toptierfinancial

As Brussels goes back to work after the elections, banking should be at the top of its agenda as an issue of strategic importance. European financial services must be strengthened in three ways to ensure that we can finance our … Continue reading →

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NY Officials Call For Debt Collection Industry Standards

July 31, 2019CreditBy toptierfinancial

By Patrick Connelly  – Editor/Reporter, Buffalo Law Journal, Buffalo Business First a day ago The Buffalo area’s legal service entities get calls about it nearly every day. Individuals who reach out to the services for assistance are troubled about the calls … Continue reading →

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Ford Credit scales back leasing

July 31, 2019CreditBy toptierfinancial

Ford Motor Credit’s lease volume has dropped to its lowest level in more than four years, according to an analysis by Auto Finance News. The captive originated 81,000 leases last quarter, down 22% year over year. In the past four … Continue reading →

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Parents Are More Worried about Their Children’s College Expenses

July 31, 2019CreditBy toptierfinancial

According to a new study from Discover Student Loans, parents have become increasingly worried about how their children will pay for college. A staggering 65% of parents feel they may not have enough money to pay for their child’s education, … Continue reading →

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