Financial Education

Generation X Fails to School Millennials

Posted on Jul 30 2015 by

MillennialCredit

If we looked at current generations in a family structure, Baby Boomers are mom and dad, the Greatest Generation are grandma and grandpa, Generation X are the older siblings and Millennials are those overindulged younger siblings that always got later curfews and more relaxed rules. For that reason, there is a natural, friendly, sibling-type rivalry between Generation X and Millennials. And this week, millennials came out the victors because Generation X failed to school its younger sibling when it came to average debt load.

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5 Credit “Don’ts” For Millennials

Posted on Jul 29 2015 by

2-Snapshot-of-Credit-Characteristics-Infographic-F

Millennials, also known as Generation Y (ages 19-34) are now the largest segment of the U.S. population, and according to a recent Experian analysis, also take the title for being the least credit savvy when compared to previous generations. The study revealed that millennials’ average credit score is 625, and their average debt excluding mortgages is $26,485.

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Summer Study Finds Travelers Overspending, Left Open to Identity Theft Risks

Posted on Jun 17 2015 by

A recent study conducted by Experian showed that a majority of vacationers overspend their budgets and rely on credit cards to provide extra funds. At the extreme end, more than half of millennial vacationers (52 percent) lean heavily on their credit cards, racking up vacation debt they’ll be repaying long after their trip comes to an end.

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Linking Data Becomes the Biggest Challenge for Global Marketers

Posted on Jun 01 2015 by

Confronted with a vast amount of incoming data, today’s digital marketers are facing an on-going battle to keep up. According to Experian Marketing Services’ 2015 Digital Marketer Report, the biggest hurdles and key priorities for marketers this year are dependent on having accurate, enriched data that can be linked together in a central location for a complete customer view.

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Listen to the Data: What You Need to Know About Your HELOC End of Draw Period

Posted on May 27 2015 by

Heloc

The last decade was a tumultuous financial period for Americans.

In the mid-to-late 2000s, economic activity declined rapidly and marked the largest downturn since the Great Depression. It is estimated that Americans lost nearly $16 trillion of net worth during this time. To make matters worse, unemployment rates doubled. The booming U.S. housing market plummeted along with the stock market which caused a chain reaction in exposing significant flaws within the financial ecosystem.

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Credit and Your Home Purchase: Experian Survey Findings

Posted on May 27 2015 by

Buying a home is one of the best times to know about your credit. According to a recent survey by Experian, many of those in the market for a home already know the wisdom of credit score insight. However, only half of recent buyers said they checked their credit when they first considered purchasing a home.

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Uncovering the Secret to Financial Literacy

Posted on May 15 2015 by

Emotional-Finance

The following article is a guest post from, John C. Linfield, Executive Director at the Institute for Financial Literacy

At the end of “Financial Literacy Month” here in the United States, it seems appropriate to take a moment and think about why we should become financially literate, and how we can use that to stay on track for the long term.

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Experian and the Jump$tart Coalition United for Financial Education in America’s Classrooms

Posted on May 01 2015 by

Maxine-Odom Award 2-2015

The following article is a guest post from Laura Levine, president and CEO of the Jump$tart Coalition for Personal Financial Literacy®

As we wrap up another Financial Literacy Month, it’s fun to look back at how far we’ve come; important to look forward at how much further we have to go; and compelling to look closely at how we’re making a difference.

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