Banks and credit unions both have their benefits...and the potential to be totally annoying. Here's how to figure out which institution is right for you.
Lack of access to the banking system has been an expensive burden on the poor. Just recently, a surge in new financial products make it a lot less expensive to be unbanked.
Are you annoyed by your bank's tendency to add more fees and offer lower savings interest rates? Consider a credit union as an alternative; here are the benefits and drawbacks.
Some banks didn't manage the paperwork well enough to be able to prove that they actually own their mortgages. This just might be the germ of a solution.
The bank you choose for your business accounts can make a major difference in how well your company operates. Convenience is a factor, but there are considerations that may be m
Back in January, I wrote a post about finding a new $10 "maintenance fee" for my Chase credit card -- the one I was never late on and had a transfer balance that guaranteed me a 3.
I know banks are hurting for money right now, but no more than the rest of us. And one aspect of modern banking that I find most disturbing is how banks allow you to go overdrawn s
This week the United States Treasury announced the Legacy Loans Program. The program is meant to be a partnership between the government and private investors to clear "toxic" ass
Any institution that wants to fund mortgages has a problem. They want to lend the money out for thirty years, but the money they have to lend comes from deposits that can be withdr
It will not, I think, surprise my regular readers to hear that I like to read books about money. All kinds of books about money--not just books on personal finance and frugality,
Anybody--but especially frugal people--can be excused for thinking that the whole credit crisis thing is being overblown. After all, we get along without debt. In fact, we str
It has occurred to me that tapping into one’s home equity can be like pawning a gold necklace, television set, or other personal item with resale value. Both involve using collater
Today the troubles of IndyMac bank was splashed in the headlines. Its stock has fallen to nearly $0 and depositors are making a run at closing their accounts. IndyMac has been con
It has never been unusual for borrowers to run into difficulty, and sometimes it becomes clear that a loan will never be repaid in full. The lender's job then is to recover as
Facebook
Become a fan
Twitter
Follow us
RSS
Subscribe