July 30th, 2015
If you’re thinking about buying property in California, you might need to see how deep your pockets go. While the Golden State is known for its beaches and endless summers, it’s also home to some of the priciest real estate in the country. According to Credit Karma user data,* of the 15 U.S. cities where our members have the highest average mortgages, 14 were located in California. Bellevue, Washington—the only city located in a different state—claims the 14th spot on the list.
October 23rd, 2014
A new startup based in Boulder, Colorado wants to make credit cards more secure. Final plans to issue physical credit cards that allow you to assign a unique credit card number to every merchant, or a disposable one-time use number for random purchases.
October 2nd, 2014
The United States leads the developed world in low-paying jobs. Over 25 percent of American jobs are classified as “low-paying” by the OECD.
September 30th, 2014
According to a new report, 4 million American workers, about 3 percent of all employees, had wages garnished due to consumer debts in 2013.
September 26th, 2014
Marriott recently announced a partnership with A Woman’s Nation, a non-profit organization founded by Maria Shriver, to place tipping envelopes in 160,000 hotel rooms at Marriott hotels across the U.S. and Canada. The American Hotel & Lodging Association, a trade group, recommends that attendants be tipped $1 to $5 per night on a daily basis.
September 25th, 2014
According to a high-ranking House Democrat, the current credit reporting system needs some updating. We explore the significant changes in her proposal.
September 18th, 2014
Apple Pay will allow iPhone users to pay entirely with their cell phone. Apple suggests that Apple Pay will let customers make more efficient and secure purchases.
September 16th, 2014
More good news about credit card delinquency rates has arrived. The latest TransUnion Industry Insights Report found that the rate of credit card payments that were 90 days overdue or more dropped nearly 9 percent in the last year, from 1.27 percent to 1.16 percent of total payments.
September 12th, 2014
According to the Conference Board Consumer Confidence Index, consumer confidence improved for the fourth straight month in August. The new confidence total is the highest the monthly index has found since October 2007, indicating a growth in positive financial sentiment across the United States.
September 9th, 2014
It’s no surprise that raising a kid is expensive, but just how expensive is it? According to the U.S. Department of Agriculture, raising a child born in 2013 until they turn 18 will cost about $245,000 on average. The good news is that this is only a 1.8 percent increase from 2012, which makes it the smallest increase since 2009.