Friday, December 18, 2015

GET.com: Seniors Bear The Burden Of Low Inflation And Low Yields

GET.com Financial News & Opinions
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Seniors Bear The Burden Of Low Inflation And Low Yields


Even after a decade of record-low interest rates, inflation has been remarkably sluggish, and seniors are paying the price. Cost-of-living adjustments for Social Security recipients are based on inflation figures, and for the last 2 years seniors have seen their benefits stagnate. The Social...
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Regulator Warns Colleges About Sweetheart Credit Card Deals


The Consumer Financial Protection Bureau sent out 17 letters this week to colleges it suspects to be in violation of disclosure regulations regarding agreements made between the colleges and credit card companies. The CFPB did not disclose the identity of the 17 institutions, but warned the...
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Congress Finalizes Tax-Break Bill


Congress has wrapped up work on the Protecting Americans from Tax Hikes Act of 2015, or PATH, with passage expected next week. The last-minute bill containing tax breaks and extenders has become a yearly ritual for Congress, usually just in time for Christmas. This year's version implements several...
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Will Higher Fed Rates Actually Affect You?


For the first time in nearly a decade, the Fed raised interest rates this week. All this talk about higher rates is making many Americans feel uneasy, but what does it really mean? How do the Fed's interest rates actually affect any aspect of your life? We at GET.com have gone ahead and put down...
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5 Easy Ways To Start Teaching Your Kids About Personal Finance


In a world of online apps and instant purchases, it can be easy for kids to think that money simply appears out of thin air. It goes without saying that parents can find it challenging to teach their kids the value of a dollar in today's virtual economy. However, the fact that the lines between...
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Citi® / AAdvantage® Executive World Elite™ MasterCard® - Is It Worth The Price?


Citi® / AAdvantage® Executive World Elite™ MasterCard®, a partner card, is a more exclusive AAdvantage® credit card designed for American Airlines flyers looking for high-end benefits. At first glance the annual fee seems extremely high, but with credit cards you often get what you pay for, and...
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December Mortgage Rates Continue Upward Spiral


Mortgage applications maintained the upward trend we've seen so far this month, rising unanimously yet again. 5-year rates are the only exception to this rule, remaining unchanged compared to a week earlier. This mortgage rate increase has undoubtedly been a strong influencing factor in the...
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