Good News: Most College Students Pay Credit Card Bills in Full Each Month

A new survey from credit bureau Equifax finds that nearly 70 percent of college students have one or more credit cards, and a slightly higher percentage pay off their own balances in full each month.

This is good news, since college students are already debt-burdened by their student loans…

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Millennials are Optimistic about the Future, But…

Young adults are more optimistic about the future than older Americans are, but they have major concerns about such things as retirement security, a new study finds.

This study, from insurer Northwestern Mutual, finds:

Among the generations, Millennials are least likely to anticipate more financial crises in the future (66…

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Louisiana Floods Credit Unions Hit by Flooding

The epic, 500-year floods that have slammed parts of Louisiana have caused at least 13 deaths and left tens of thousands of Louisianans homeless. They have also had an impact on many of the state’s credit unions.

According to a report from Peter Strozniak in CU Times, around…

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Credit Unions Increase Their Mortgage Activity

Credit unions offer some of the best deals on loans – including mortgages.

Phil Hall recently documented this success in National Mortgage Professional Magazine. Hall – citing data from Callahan & Associates – said that credit unions posted positive growth in their first mortgage portfolios in 33 states during the second quarter of…

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Good News: Americans Are Saving More for Retirement

The number of Americans who say they are saving more for retirement in the current year vs the previous one is at the highest level in five years, according to a new survey from Bankrate.

Bankrate said that 31 million Americans are saving more this year.

In addition, fewer people…

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