An annual Federal Reserve survey found that in 2014, 39-percent of adults with mobile phones used their devices for banking, compared to 33-percent in 2013.
A traditional form of peer-to-peer lending that’s been practiced in other countries for centuries is helping Californians meet their financial goals – and build credit at the same time.
Bryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.
Up to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.
Millions of homeowners who took out Home Equity Lines of Credit during the housing boom are facing a looming deadline that could mean much larger monthly payments.
Even during challenging times, a small business with a sound strategy can obtain a loan.
The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.
The city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.
AC Transit foreclosed on the home in July, six months after former GM Rick Fernandez stopped making his loan payments.
Wells Fargo has reported higher earnings for the second quarter thanks to a pickup in lending and a decline in the amount of bad loans.