interest

We here at WalletPop keep telling you how important your credit score is, but what's a hardworking American to do if there's a mistake on that all-important score -- one that could be costing them valuable points that could translate into a better rate on a mortgage, car loan or credit card?...

Friend or foe? Banks hope you'll think of them more kindly this year by offering a slew of new products aimed at making life easier for customers. But that convenience, along with pretty much everything else your bank offers, will likely come at a price. In fact, consumers should expect to spend a...

Capital One's charge off rate jumped from 9.04% in October to 9.60% in November, indicating the increased number of accounts that Capital One (COF) does not believe it will collect. This comes as little surprise. Moody's has previously predicted that charge-offs for credit card companies will peak...

A new report by the Center for Responsible Lending shows that issuers have created or expanded at least eight hidden charges to replace the income they anticipate losing because of newly enacted laws and Federal Reserve rules intended to stop credit card abuses.

The idea behind the $75 billion Home Affordable Mortgage Program is to give homeowners facing foreclosure a means to get lower monthly payments and stay in their houses. The participants must successfully complete a trial period and provide additional documentation to prove that they're able to...

With a little research, you can find the best savings account to make your money grow as safely and quickly as possible. What are the characteristics of the best savings accounts on the market today? Competitive interest rates. The best savings accounts usually pay a slightly higher interest rate...

As Ben Bernanke makes what could be his final report to Congress this week, his focus, ironically enough, is on exit strategy. The Federal Reserve Chairman's recent piece in The Wall Street Journal, like today's report, notes that the economy has not yet turned around, but the Fed is already...

Bank of America complained that the credit markets were so tight, soooooooo tight, that it couldn't possibly generate cash in the private sector, and that was why it needed a federal bailout. Well now it got its federal bailout, and it continues to rip off consumers across the country with one of...

Just when you thought credit card companies couldn't go any lower with deceptive marketing tactics, Discover recently sent out a whopper of a mailer to cardholders. The new mailing focused on the many benefits that cardmembers receive from Discover, including the ability to get Cash Over at select...

How much interest are you earning on your savings account? Checking? Now when was the last time you checked that amount? You may be surprised to find out just how low you're "High Yield" online savings account's rate has slipped over the past year. Since banks aren't required to inform you of every...