3 Tips for Getting a Co-Signed Loan
Oct 17

3 Tips for Getting a Co-Signed Loan

One of the tough things about not having a credit history is that it can be tremendously difficult to start having a credit history. Lenders can be tightfisted when it comes to borrowers they don’t know — rightfully so — and so you’re often left with low credit limits or high interest rates, and likely

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Free ATMs: Maybe Not Artisanal, But You’ll Only Find ‘em in Brooklyn
Sep 25

Free ATMs: Maybe Not Artisanal, But You’ll Only Find ‘em in Brooklyn

  Should you find yourself at Barclays Center arena in Downtown Brooklyn, having placed a bet on the Brooklyn Nets, you’ll likely need to find an ATM at some point during the course of the night. Luckily for you, they’ll be surcharge free. A company called Free ATM Inc., is the exclusive provider of teller

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What’s the Matter With Kansas? Could Be Their Credit Score
Sep 24

What’s the Matter With Kansas? Could Be Their Credit Score

Want to know the difference between a Republican and a Democrat? You might be wise to check their credit score. Credit Karma, an online credit-monitoring service, culled some telling data from its 700,000 users, which suggest that, overall, red states tend to have lower credit scores, credit-card debt and student-loan burdens than blue states.

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What Determines the Interest Rate on a 401k Loan?
Sep 18

What Determines the Interest Rate on a 401k Loan?

Despite the fact that you are likely not a sovereign nation, you can actually lend money to yourself, believe it or not. It’s true, and it can be much, much cheaper than a credit card — though that doesn’t necessarily make it a good idea. You can take a loan out from your own 401k

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Finovate Wrap-Up: What Can FinTech Do for You? Really?
Sep 14

Finovate Wrap-Up: What Can FinTech Do for You? Really?

From a rough census of Finovate Fall 2012’s 64 presenters, it was easy to pull out the three biggest trends: PFMs, mobile payments and high-tech fraud prevention. Products falling under these three categories dominated the stage in the aggressively-air-conditioned corner of the Javits Center that housed Finovate over the past two days. What, if anything,

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mShift’s AnyWhereMobile Wallet Actually Adds Value
Sep 13

mShift’s AnyWhereMobile Wallet Actually Adds Value

Mobile wallets face adoption hurtles every way they turn. Technology can be both transformative and expensive, and its users are fickle. To create a value proposition for merchants, financial institutions and users is no simple task. Scott Moeller, CEO of mShift, presented a mobile payments solution on Wednesday, that even if it isn’t totally unique or mind-blowing,

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PreCash Announces FlipMoney at Finovate: Mobile Money for the Underbanked
Sep 12

PreCash Announces FlipMoney at Finovate: Mobile Money for the Underbanked

The underbanked, by virtue of having spotty or nonexistent banking relationships, have not benefitted much from the advances in consumer-facing banking technology like online billpay and mobile check deposit. No longer, should PreCash’s new Flip technology take off.

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Google Wallet Expands Its Mission, Discontinues Its Prepaid Card
Sep 10

Google Wallet Expands Its Mission, Discontinues Its Prepaid Card

Two big changes from Google Wallet announced this week indicate the mobile wallet might be rethinking its positioning in the mobile payments space. This shouldn’t be surprising: Google has a reputation for keeping its products in permanent beta, constantly tweaking (and sometimes killing) its innovations.

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Will Millennials Ever Get the Alternative Credit Scoring They Might Need?

Will Millennials Ever Get the Alternative Credit Scoring They Might Need?

Recently, it came out that Movenbank, a start-up financial services company, launched something called the CREDscore in private alpha. Movenbank wanted to use this CREDscore as a creative way of determining creditworthiness, or…something. Unlike your FICO score, CRED would take into account a customer’s social network and, literally, their Klout score. They detailed it in a

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Pew Report: Prepaid Cards Are a Bum Deal For Most
Sep 06

Pew Report: Prepaid Cards Are a Bum Deal For Most

If you keep your checking account in good standing and use direct deposit, there’s likely no reason for you to ever consider getting yourself a prepaid card. But the industry’s rapid growth indicates that plenty of Americans find them useful: the industry is expected to reach $201.9 billion in 2013, according to Mercator Advisory Group.

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