The Apple Watch may be this season’s retail holiday trend – at least that’s what IBM Watson thinks – but it doesn’t take artificial intelligence or a supercomputer to identify one sure thing: Shoppers need money, and that’s true if they’re taking cash to the store on Black Friday or gravitating to mobile money. Where[…]
As technology advances, so does the way we pay for goods and services. With advancements in wireless technology, such as near-field communication, people are finding that paying for items can be just as easy as running their phone over a merchant’s payment system. In some cases, you might be prompted to do a fingerprint scan,[…]
An interesting new tool created by the New York Federal Reserve delivers insights about consumer credit from a slightly different perspective than we’re used to – because the data isn’t just about your own personal credit in isolation, but how the way you use credit affects your community’s resilience. The Community Credit project looks at[…]
In this first of a series of blog entries on budget building, MoneyLend.net takes a look at the food budget, drawing guidance from the USDA on how much to spend. Outside of housing costs, the biggest budget item for most people is food, and those that are right on the financial brink may find themselves[…]
September has arrived, and with it those bills for summer vacation are starting to roll in. For some people, that means they’ve made priceless memories of family camping, beach outings or that dream vacation for two – but as everyone heads back to work or school, it turns out those memories actually do have a[…]
Car loans – for the first time, according to the U.S. Federal Reserve May report, lending for automobile purchases topped the $1 trillion auto debt mark as Americans become more confident in the economic recovery and continue to choose purchases that reflect that confidence. But with all the Fed buzz about interest rates, mortgage lending,[…]
Our name says it all: MoneyLend, and that’s what we do. But that’s not all we do, because MoneyLend is based on a commitment to changing people’s lives – and part of that change rests on financial literacy and education, with shared information our customers can use. That’s why we’ve started this new Consumer[…]
Consumers are feeling pretty confident, according to the latest Federal Reserve credit numbers – and that means that more than ever, consumers are looking for the smart play when it comes to securing a loan. The most recent April numbers on revolving credit debt – borrowing that’s typically tied to credit card use, not real[…]
Financing is an integral part of any business, which is why we all look for ways to find the right kind of finance for our business. One of the forms of financing is getting funds in ways of loan from lenders. Now, if you look closely, then you will find that there are two types[…]
We think of young people just out of college as having bright futures ahead of them, at the very dawn of their careers, ready to build their fortunes. The reality is somewhat different, with most graduates starting their professional lives with overwhelming debt. The Federal Reserve released the “Report on the Economic Well-Being of U.S.[…]
Everyone needs to borrow money at one time or another for various reasons. You may need it to buy a new car, pay bills or even home improvements. The problem is that if you have a bad credit, it may not be easy to get the funds you need because of the higher risk factor. […]
Today’s banking industry is confusing and just a tad bit unscrupulous at times. The Justice Department and state regulators are targeting banks all over the country that service a broad range of what they consider questionable financial ventures. While the government’s efforts to weed out bad lenders that engage in fraudulent transactions or violate federal[…]