How President Trump’s new 2025 Tariffs Could Impact Your Wallet and the US Economy

Over ten years, President Trump’s new 2025 tariffs could bring in trillions of dollars in new federal government revenue, but the negative impact on the US economy and the inevitable response from other economies would offset the net gain. This PIIE Briefing evaluates the impact of 10, 15, or 20 percentage point increases in US … Read more

How Tariffs Are Shaping Your Finances: Expert Tips on What to Prioritize

According to a recent NerdWallet survey of over 2,000 people this month, 85% of Americans are worried about the tariffs. Consumers’ main worries are that the new regulations will affect their capacity to pay for necessities and that a recession will hit the U.S. economy. Experts think the concerns are not without merit. According to … Read more

Consumer Financial Protection Bureau (CFPB): How to File a Consumer Complaint

Consumer Financial Protection Bureau (CFPB)

Consumer Financial Protection Bureau (CFPB) is a U.S. government agency dedicated to making sure you are treated fairly by banks, lenders and other financial institutions. CFPB is a pivotal entity in the landscape of financial regulation that affect consumers in the United States. It is established to protect consumers in the financial sector, the CFPB … Read more

Medical Debt Will Be Erased from Credit Reports for All Americans in 2025: New Federal Rule

The bulk of medical debt, which is the biggest debt collected annually in the US, is borne by Black Americans, women, and those with disabilities. The federal government has unveiled a new policy that will remove medical debt from all Americans’ credit reports beginning in 2025, which is a historic step. In 2025, all Americans’ … Read more

What is a Digital Wallet: A Complete Guide

In today’s digital crypto bitcoin world, one of the most revolutionary changes is the advent of digital wallet technology. Entering your own credit card details online is a thing of the past—the payment option of the future is the digital wallet. By 2025, it is expected that they dominate the global e-commerce payments market, accounting … Read more

Understanding Auto Repossession: What Every Car Owner Needs to Know

Auto repossession is a process that can be both confusing and stressful for vehicle owners. Understanding how it works, your rights, and the rights of your lender can help you navigate this challenging situation. In this blog post, we’ll explore the intricacies of auto repossession, including the legal processes involved and what happens after your … Read more

Lease a Car vs Finance a Car: 2 Ways Good to Know Which One is Better for You?

When it comes to acquiring a new car, you have two primary options: lease a car or finance a car. Both methods have their own set of advantages and disadvantages, and understanding these can help you make an informed decision. In this blog post, we’ll delve into how each option works, the types of cars … Read more

How to Open and Operate a Online Checking Account: 9 Easy Steps to Follow

In today’s digital age, who has time for bank lines? Most of the financial transactions are executed online. Opening and operating a checking account online is convenient, efficient, and empowers you to manage your finances from anywhere. This guide walks you through everything you need to know, from choosing the right bank to understanding the … Read more