Congress scrapped a rule last year that capped how much banks could charge if you spent more than was in your account. Now, banks’ revenue from the fees is rising.
Category: Personal Finances
-
What Would Taylor Swift and Travis Kelce’s Prenuptial Agreement Look Like?
What would a prenuptial agreement between one of the world’s biggest pop stars and a three-time Super Bowl champion look like? Legal experts weigh in.
-
Judges Strike Down Trump Rule on Loan Forgiveness for Public Servants
Two federal courts have blocked a new Trump administration rule that could have narrowed eligibility for a student loan forgiveness program for public servants.
-
Nursing Students and Others Get Higher Student Loan Limits
A legal challenge to a law that takes effect this week has doubled the amount certain graduate students can borrow from the federal government to $50,000 per year.
-
Still Sending Checks in the Mail? Stop, Experts Say
If you must, keep an eye on your account statements, experts say. Thieves steal checks from mailboxes, then alter the checks with fraudulent names.
-
The Latest in College Pricing: Tuition at 10 Percent of Your Income
Whitman College is trying to keep it simple: Tell us your adjusted gross income, and we won’t make you apply and get in just to receive a price quote.
-
Rates on New Student Loans Will Rise on July 1
Higher interest rates take effect on July 1 for the next school year. Borrowers are already dealing with rising college costs and inflation elsewhere.
-
Should You Lend Money to Friends? More People Are Open to the Arrangement.
Friendship and money don’t always mix. But many Americans feel comfortable discussing financial issues with their friends and lending them money.
-
An Option That Can Help Cut Housing Prices Catches On
Preapproved plans trim weeks or months off the process of getting a building permit. “Every month of delay adds costs that ultimately land on the buyer,” one housing expert said.
-
‘No Essay’ College Scholarships May Have Unseen Strings Attached
Unlike traditional financial aid, the prizes are awarded by random drawings. The websites, in turn, gain access to applicants’ personal information.
-
How Brandeis Is Trying to Change College Shopping
A new tool on the university’s website tells you what the first year “will” cost if you get in.
-
Consumers Lean on a ‘Hamster Wheel’ of Credit to Manage Rising Costs
As prices increase for gas, groceries and other staples, more and more households are borrowing to get by.