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2016 December

American Household Credit Card Debt a Growing Burden

December 27, 2016
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American households with credit card debt have an average of $16,061 of it, according a study from NerdWallet.
NerdWallet adds that consumers who carry credit card debt pay an average of $1,292 per year in interest on it.

Now, maybe you read that top line statistic […]

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The Fed Who Cried Wolf

December 22, 2016
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If you remember the story of the Boy Who Cried Wolf, you have a pretty good idea of the Federal Reserve’s behavior over the past year.

Like the boy in the story, the Fed cried “Wolf!” several times over the past twelve month, but the […]

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Consumer Comfort Level with Financial Apps

December 14, 2016
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From Candy Crush Saga to Google Translate, consumers have thousands of mobile apps to choose from. While numerous people are quick to download music or movie-streaming apps, not everyone is as confident with financial apps.

According to a 2016 Mid-Year Consumer Survey conducted by the Ohio […]

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