Personal Finance Archives

Credit scores: ‘The calm before the storm’

Credit scores: ‘The calm before the storm’

The economic effects of the COVID-19 pandemic are not yet reflected in consumer credit scores, according to Craig Wilson, senior director of consulting decision analytics at Experian. However, he describes this nondevelopment as “the calm [...]

Why does financial literacy matter?

Why does financial literacy matter?

Why does it matter that people learn about finance? Well — because, fortunately or unfortunately, money does make the world go round. Every time you order a coffee, every time you buy something online or go [...]

Mitigating elder financial abuse risk

Mitigating elder financial abuse risk

Financial institutions, including credit unions, have faced increased fraud risks (identity theft, scams, stolen, counterfeited and forged checks) as a result of the COVID-19 pandemic and the overall national crisis. Several federal regulators have shown [...]

Special retirement considerations for women

Special retirement considerations for women

Many of us imagine spending our golden years making memories with our loved ones. For some, that might include traveling to bucket-list destinations with family, going to midweek matinees with friends, or making frequent trips [...]