Audio: What's a Bank Run?

IndyMac’s quick demise is partly blamed on a bank run that quickly drained assets and destabilized the bank. Customers believed that there was a problem, and they helped make…
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How Much Emergency Cash Should You Have?

Consumerism Commentary recently discussed how you can determine right size for your emergency fund. Things like job stability and lifestyle are important, but most people don’t give their emergency…
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Sallie Mae Student Loans – What You Need To Know

Sallie Mae student loans are some of the most popular and common types of student loans in the United States. Sallie Mae student loans are available in both government and private form, and may be for undergraduate, graduate or even a consolidation loans. Since Sallie Mae is now a privately owned company, they are able [...]

Foreclosure and Taxes

The housing crisis and tough economic times are marked by record foreclosures. For some, foreclosure seems like a way to put problems behind them and move on to a…
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Credit Crunch: Watch Your Loans

Times are tough for banks, and they’re tough for consumers. As if you didn’t have anything else to worry about, you need to keep an eye on your loans…
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Debit vs Credit

When you use plastic, you’ve got to choose between debit or credit. Which is best? Like all things in life, the debit vs. credit decision involves tradeoffs. Learn about the…
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Wamu Pays 3.75%, Proceed With Caution

Washington Mutual raised the rate on their online savings account this week to 3.75% APY. This is a very competitive rate, but you should be careful.
Some believe that Washington…
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