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The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we usually answer your real-world money questions. This week’s episode is dedicated.
New Mexico recently enacted a 36% rate cap on consumer loans. Among the remarks that motivated them to do so was the following: Thank you Madam Chair, Members of the Committee. My name is Will Hancock and I’m a student at the University of New Mexico School of Law. I had the displeasure of working briefly for a short-term loan company in Albuquerque.
Even if you’re at Los Angeles International Airport for only an hour or two before your flight, you might as well enjoy the weather while you can. At least, that’s the thinking behind renovations at Delta Air Lines’ newest lounge at LAX. The airline is no doubt capitalizing on its location. The recently opened Delta. Meghan Coyle writes for NerdWallet.
Small businesses had to wait an average of 29.9 days to be paid in April according to the latest figures from Xero. This marks an increase in Small Business late payment. Average late payment days increased by 1.8 days to 7.7 days. This is the longest small businesses have had to wait to be paid since September 2020. Xero says tougher economic conditions caused by rising inflation have left the UK’s small businesses squeezed tighter between soaring energy bills and wages on one side, and slower
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Expedia is an online travel agency that might come up in your search to find deals on all types of travel, including flights, hotels and rental cars. But how does it compare to other booking options? Is Expedia a good deal or more reliable compared to booking with other OTAs, let alone versus booking directly. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.
The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Highlights . Average card spend drops marginally by just under 2 percent compared to February. Small drop in average active balance – just over half a percent.
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The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Highlights . Average card spend drops marginally by just under 2 percent compared to February. Small drop in average active balance – just over half a percent.
Hanging out in an airport lounge instead of a busy gate area can make traveling less stressful, but depending on where you’re traveling and the airline you’re ticketed with, accessing a lounge isn’t always possible. Priority Pass membership is one way to get into a lounge and relax before your flight. But are Priority Pass. Natasha Gabrielle writes for NerdWallet.
Source: site. New Yorkers facing debt-collection lawsuits are poised to get a little extra help in the wake of a federal court’s ruling — and some observers say it could translate to a win for consumers across the country who have basic legal questions but can’t afford a lawyer. Upsolve, a nonprofit organization enabling people to file for bankruptcy on their own for free, wanted to create a program that would let non-lawyers give basic advice to New Yorkers facing debt-collection actions from
Source: site. Recently, the CFPB announced that in an effort to promote fair competition and greater consistency among enforcers, the CFPB will issue Consumer Financial Protection Circulars (CFPCs), which will provide guidance to other agencies with consumer financial protection responsibilities on how the CFPB will enforce federal consumer financial protection laws.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Source: site. President Joe Biden is preparing to announce his plan to forgive up to $10,000 of student debt for those who qualify based on their income, The Washington Post reported, citing three sources. White House staffers have been preparing drafts but are waiting on the president to decide, according to CNN. The policy is expected to come with strings attached, applying to only those making under $150,000 in income, according to the Post.
Source: site. National Australia Bank has invited its customers to pre-register for the forthcoming launch of a new Buy Now, Pay Later offering named ‘NAB Now Pay Later’. Under the scheme, NAB customers will be able to access up to USD 1,000, split purchases into four payments, use it anywhere Visa is accepted and add NAB Now Pay Later to their digital wallets for online and in person payments.
Source: site. Chalk up another move in the right direction for student loans. In hopes of providing federal student loan borrowers with a 21st-century customer experience, the Department of Education’s (DOE) Federal Student Aid (FSA) office has announced that it is building out a long-term loan servicing solution called Unified Servicing and Data Solution (USDS).
Source: site. The Consumer Financial Protection Bureau (“CFPB”) issued an interpretive rule on May 19, reiterating the authority that states have to pursue companies and individuals that violate federal consumer financial protection laws, including the Consumer Financial Protection Act of 2010 (“CFPA”). When Congress enacted the CFPA in 2010, it provided for concurrent enforcement by federal and state regulators.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.
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