personal finance

What Does My Credit Score Mean?
What Does My Credit Score Mean?
What Does My Credit Score Mean?
A recent survey from the Consumer Federation of America (CFA) found that less than half of Americans (44%) know what their credit score actually represents. Only 29% know how damaging a low score could be.
Family Net Worth Drops to 90s Levels, Fed Says
Family Net Worth Drops to 90s Levels, Fed Says
Family Net Worth Drops to 90s Levels, Fed Says
The Great Recession shrank Americans wealth so much that in 2010 median family net worth was not more than it had been in 1992 after adjusting for inflation. That's according to a survey by the Federal Reserve which found that median net worth declined from $126,400 in 2007 to $77,300 in 2010.