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Impatient People have Lower Credit Scores
Is there a psychological reason why people default on their mortgages? A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, finds that people with bad credit scores...
Insured And Still At Risk: Number of Underinsured Increased 80 Percent Between 2003 – 2010
The number of underinsured adults—those with health insurance all year, but also with very high medical expenses relative to their incomes—rose by 80 percent between 2003-2010, from 16 million to 29 million, according to a new Commonwealth Fund study...
South African Cabinet Approves the Release of the Credit Ratings Services Bill
Cabinet has approved the release of the Credit Ratings Services Bill that is aimed at ensuring that South African authorities can work with their international counterparts to ensure responsible and accountable credit rating agencies at a global level.
When Self-esteem is Threatened, People Pay with Credit Cards
People shop for high status items when they’re feeling low, and they’re more likely to make those expensive purchases on credit, according to a study in the current Social Psychological and Personality Science (published by SAGE). When a person’s...
Wichita Man Gets 20 Years for Robbing Catholic Family Federal
A Wichita man has been sentenced to 20 years for robbing Catholic Family Federal Credit Union in November, U.S. Attorney Barry Grissom said today. Full Story Available at:Wichita Man Gets 20 Years for Robbing Catholic Family Federal Net News Publisher...
Minnesota Woman Pleads Guilty to Fraudulently Obtaining Loan Proceeds
Gayle Deann Claus, of Champlin, Minnesota, pled guilty to her role in a mortgage fraud scheme involving at least 200 properties and mortgage proceeds of approximately $35 million. Full Story Available at:Minnesota Woman Pleads Guilty to Fraudulently Obtaining...
People Who Overuse Credit Hold Almost Magical Beliefs About Products
A University of Missouri researcher says people who overuse credit have very different beliefs about products than people who spend within their means. Following a new study, Marsha Richins, Myron Watkins Distinguished Professor of Marketing in the Trulaske...
Multi Million Fraudster Jailed for Tax Credit And Identity Theft
A woman who helped to steal hundreds of identities and fraudulently claimed over £1.3m of tax credits has been jailed for four years. Olajumoke Ademuyiwa (42), a former Jobcentre Plus employee, was jailed for her involvement in stealing the identities...
