Your Life is an Open Book

It sounds like a horrific scene out of some sci-fi movie set decades down the road – lots of computer databases filled with lots of information about…you! But it’s not some fictionalized account of the future; it’s today’s reality. As...

The Hard Lessons of a College Education

Student loan defaults are rising, according to an article in the Washington Post. A quarter of a million student loans went into default in the Education Department’s most recent period. Some blame high interest rates on student loans. However, a survey by...

Car Loans Gone Crazy

America is a car-crazy culture. Consider these statistics from a recent Minyanville article. In 1970 there were 529 cars per 1,000 people in the U.S. Today there are 765 cars per 1,000 people. The number of cars per person in the U.S. is 40 percent higher than in...

The Give and Take of Credit Card Fees

American Express and Discover will soon stop fining cardholders for going over their credit limit, an early result of new legislation designed to limit such fees. However, American Express plans to raise its late fees. And Consumer Reports revealed another way that...