Consumer Loan Demand Jumps As Banks Loosen Standards

Demand for consumer loans, especially in credit cards and autos, has rebounded strongly as banks relaxed last year's strict lending standards, Fed data showed.

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Retirement concerns for Black Americans

Explore factors that threaten financial security for many Black Americans and see ways to help close the financial wellness gap among underrepresented employees.

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Jobless Claims Show a Slight Improvement

The number of people initiating claims for unemployment insurance dropped for a second straight week, drawing closer to the pandemic-era low set earlier this summer.

What Is Mortgage Protection Insurance (MPI)?

Mortgage protection insurance (MPI) is life insurance that can pay off a home loan when an insured borrower dies. See how it works, and learn about alternatives.

Billions in Unemployment Payments Will Stop on Labor Day

$5 Billion - That's how much less money will flow to the economy every week after Labor Day, when 7.5 million unemployed lose access to pandemic unemployment programs.

Average Credit Card Interest Rate Is 20.25%

The average credit card APR has reached a new 2021 low, thanks to small APR changes banks made and new cards on the market. But penalty rates are higher and more common.