Credit Management of Pennsylvania

07/07/2022

https://www.yahoo.com/news/average-car-payment-us-climbed-173812752.html

A combination of rising prices and higher interest rates have pushed the average monthly payment above $700 for the first time.

06/27/2020

Thinking about doing a balance transfer to save on interest? You may be too late.

When the economy was booming, credit card issuers fell over themselves to lure borrowers and their debt, mailing hundreds of millions of no-interest solicitations.

05/22/2020

This is from April 30th.......

Wells Fargo & Co, the largest U.S. mortgage lender, said on Thursday it will temporarily stop accepting applications for home equity loans given the economic uncertainty fueled by the COVID-19 pandemic.

05/22/2020

To continue on credit card information, as of 05/19/2020 Bank of America credit cards stopped all promotional offers. I don't know how many other banks have followed suit, but i will check.

05/08/2020

Keep an eye on your credit cards. Many banks are reducing limits and canceling cards.

New survey data published by the Federal Reserve shows that U.S. banks were much less willing to lend to businesses and households than they were at the end of last year.

04/25/2020

https://www.yahoo.com/finance/news/federal-scraps-transfer-limits-bank-141036356.html

The U.S. Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts. The Fed said the move would help ensure people can access their funds "at a time when financial events associated with the coronavi...

04/07/2020

It has been a while since our last post. I hope everyone is doing well.
Over the years, especially the last 4, we have been working with libraries, high schools, and community centers to help people prepare for moments just like this. When this crisis passes and we can gather again our classes will resume through the Lackawanna library system. until that time arrives you can contact us with any questions here on Facebook and we will will provide the best answers we can.

Stay home, stay safe!

01/09/2020

Our apologies we having issues with our web site www.cmpenn.org. We are moving our class schedule to firemeup.org. Please visit us there or on facebook Financial Education Resource Center, Inc

12/17/2019

Firemeup.org .....Help us help your community! Our non profits serve Libraries, Community centers, youth programs and more. All proceeds from these products go back into the community by providing more classes and materials to those who need it most.

12/12/2019

DID YOU KNOW? Did you know if you buy a new car, and purchase an extended warranty and sell or trade in that car before the extended warranty expires you are due a refund from the dealer that you purchased it from? As an example: you purchase a 5 year 100k miles extended warranty from Joe's Ford, You trade the car in or sell it in 4 years with 80k miles on it. Joe's ford owes you a refund for the unused portion of the warranty! Joe's ford knows this as well!

12/12/2019