Dissecting $1.2T of Student Debt
As of May 2013, the total of the outstanding student debt in the US was about $1.2 trillion. Just over $1 trillion is federal loans; the rest is private loans....
The Grey Side of Credit Cards Costs Us $14.3B
Americans paid $14.3 billion in 2012 in fees and charges they either never wanted or intended to pay, an average of $75 per cardholder....
Why Are Retailers still Taking Your Credit and Debit Cards?
The Washington Post's Lydia DePillis has written the worst piece on a credit- or debit-card-related topic published in a major media outlet in the past year....
Legislating Retailer Utopia: The Interchange Saga Continues
A judge has struck down the cap on interchange fees, telling the Federal Reserve to lower it further. The retailers are rejoicing, but the decision is wrong....
What Determines Your Payment Choice?
Cash is favored by consumers with lower educational and income levels, but transaction size is the biggest determinant of consumers' payment choices....