Latest Posts

Is Being a Franchise Owner Right For You? 3

Starting a new business is scary. Whether you're entering a competitive market or trying to build a category that doesn't even exist yet it can be extremely difficult to execute your idea and turn it into a successful company. Furthermore there are many Americans who may not have an idea for...

Credit Card Debt Could Reach $1 Trillion This Year? 9

How much do Americans collectively owe in credit card debt? The way things are headed it could be as much as $1 trillion by the end of 2016 which would be a new record. It may seem strange that the amount of debt is actually growing while the economy is...

Could Payday Lenders' Pain Be FinTech's Gain? 3

Short-term, high-interest lenders — usually referred to as "payday lenders" — are facing increased scrutiny and regulation as of late. In fact just last month Google announced they would ban ads from such companies. However one of the industry's harshest critics has been the Consumer Financial Protection Bureau (CFPB) who's director,...

Basic Financial Advice for the Class of 2016

This month millions of students will graduate high school while millions more receive degrees from colleges. As they prepare to enter the workforce and the "real world" there is still a lot to be learned, not the least of which is personal finance. So what, above all else, should new...

Are Chatbots the Next Frontier for Mobile Banking? 3

The days of waiting for bank statements to be mailed in order to balance your checkbook are long gone. Today consumers have a number of ways of keeping up to date with their bank accounts including bank-specific apps, third-party apps, and even digital assistants like Amazon's Echo. Now some are thinking...

3 Methods of Attack for Paying Down Your Debts 1

When you're cleaning up your finances and making a serious effort to pay down your debts once and for all there are several questions you might have. One of the most common inquiries regarding paying off debts is which order you should tackle your outstanding balance? Unfortunately there's really no...

Tax Refund Fraud? It's a Growing Problem

By now many Americans have not only filed their taxes but also received the refunds they may have been owed. However an increasing number of taxpayers might not be so lucky as tax refund fraud has been claiming more and more victims in recent years. Believe it or not a...

After a Really Bad Month, FinTech Begins to Get Back on Track

There's really no sugar-coating the fact that the past few weeks have been pretty bleak in the world of FinTech. At the beginning of May, Prosper announced that it would be laying off 28% of its workforce and would even be subleasing some of its office space. That announcement hurt...