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Before the country fell into the worst economic crisis since the Great Depression, America had record-high job gains months after months. Now, the pandemic-induced recession is...
According to a report from the Organization for Economic Co-operation and Development (OECD), it could take 150 years for a child from a poor UK family...
Too many low- and moderate-income individuals don’t have bank accounts. The scarcity of blue-collar jobs impedes the low- and moderate-income individuals to move up to the...
When you’re on the hunt for a credit card, there are many things to consider—the rewards program, perks, fees, and perhaps most importantly, the Annual Percentage...
By Article Posted by Staff Contributor
You might think delaying your financial decisions isn’t a big deal. But let me tell you, financial procrastination can cost you more than you realize. It’s...
By Article Posted by Staff Contributor
Being underwater on your car loan can feel like you’re sinking financially, but you’re not alone. According to the Federal Reserve Bank of New York, auto...
By MacKenzy Pierre
In the Federal Reserve Bank of New York’s second quarter of 2024, household debt in the U.S. increased by $109 billion, bringing the total to a...
By FMC Editorial Team
You can’t build a solid financial future if your FICO score is holding you back. It’s great that people from all financial backgrounds are talking about...
By Article Posted by Staff Contributor
Bankruptcy is often considered a last resort, a drastic measure for those struggling under the weight of unmanageable debt. In fact, according to a recent study,...
By Article Posted by Staff Contributor
Introduction Middle-class voters are the backbone of the American electorate. Their votes decide elections, and their voices shape national policy. In the 2020 presidential election, for...
By MacKenzy Pierre
If you’ve been looking at buying a luxury home or property in a high-cost area, you’ve probably come across the term “jumbo mortgage.” But what does...
By MacKenzy Pierre
The answer to whether paying off collections will improve your credit score is: it depends. If you’ve ever found yourself dealing with a collections account, you...
By MacKenzy Pierre
Late payments are the kryptonite of a good credit score, and too many of you have been hit hard by them. Learn how to remove late...
By MacKenzy Pierre
When you’re on the hunt for a credit card, there are many things to consider—the...
You might think delaying your financial decisions isn’t a big deal. But let me tell...
Being underwater on your car loan can feel like you’re sinking financially, but you’re not...