Some Good News on Retirement Savings

Twenty-three percent of working Americans increased their retirement savings contributions this year compared to last year, the highest reading in six years of polling, according to a new report from Bankrate.com.

Another 16% indicate they have reduced their contributions over that time.

The encouraging findings mark a stark…

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To Save or to Spend?

Millennials are caught in a tug-of-war between their long-term financial aspirations and the lure of spending now, a recent Northwestern Mutual study found. When has that ever not been the case for young people?

The company, in its 2017 Planning & Progress Study, found that nearly two…

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Americans Fear These Things More Than Terrorist Attack

More US consumers rate identity theft and banking fraud as their top concern than rate death or terrorist attack at the top of their list of worries, according to the results of a new FICO survey.

FICO found that 44 percent of US consumers rate identity theft and banking fraud…

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Good News: Bank Card Defaults Are Down

The bank card default rate experienced its first drop in nine months with four basis points to 3.49%, according to a new report from S&P Dow Jones Indices and Experian. That’s good news for card issuers, including credit unions.

These indices represent a comprehensive measure of…

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