COVID-19 September 2020 Update: Fund&Grow is open and operational. We're experiencing slower response times and lower approvals from banks due to the Pandemic.

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Friendliest U.S. States For Small Businesses
Posted on September 17, 2015

Owning your own business can be tough no matter where you live, but location can make a big difference in becoming a success. Thumbtack, a service firm, performs an annual survey that ranks 95 U.S. cities across all 50 states based on ease of entrepreneurship. Approximately 18,000 small businesses ranked their city in 36 different categories[...]

The Top Five Credit Card Myths ... Busted!
Posted on September 14, 2015

If I were to ask you what is the most common form of consumer debt today, what would you say? OK, our title gives it away. But admit it if it's true, wouldn't you have thought either mortgages or car loans? In fact, the most common form of consumer debt today is the credit card.[...]

Here's How You Can Save Thousands of Dollars through Balance Transfer
Posted on September 11, 2015

If you’re carrying a large balance on your credit card, you are probably racking up thousands of dollars in interest fees every year. Many people carry credit cards that have purchase APRs varying from 13% to 25%. This means that unless they pay their bills in full every month, they have to shell out a[...]

Construction Spending Reaches a 7-Year High
Posted on September 10, 2015

The U.S. economy is getting a boost from stronger construction activity while manufacturers are struggling from a stronger dollar that hurts the export business. Tight labor markets continue to drive gains in the housing sector. Outlays for residential and nonresidential projects were up for the eight straight months, and climbed 0.7% in July, the Commerce[...]

Are Your Teenagers Building Credit Yet? (They Can and Should Be)
Posted on August 31, 2015

If you have kids who are just about to start college, you may have realized that building a solid credit history is the least of their concerns. Most young adults do not know how credit works, or how important their credit score is. A good credit score not only helps get better rates when taking [...]

U.S. Housing on Growth Trajectory, Economy Shows Strength
Posted on August 28, 2015

Nothing seems to bother the U.S. housing market these days – not the recent stock market turbulence, instability in China nor concerns about the Federal Reserves' rate hike expected in the coming months. Home sales are rebounding, builder sentiments are near to decade highs, and consumer confidence is at a seven-month high. "It is hard [...]

Mortgage Delinquency Lowest in Eight Years, Foreclosure Inventory at Record Low
Posted on August 24, 2015

Americans are doing the best job in eight years paying their mortgages, according to the Mortgage Bankers Association. The U.S. mortgage delinquency rate fell to an eight-year low in the second quarter of 2015. Strengthening job markets and rising home prices helped borrowers, who were struggling, to sell property. The mortgage delinquency rate, which include[...]

New Credit Options for Those with Poor or No Credit History
Posted on August 12, 2015

Many unbanked and underbanked consumers don't have credit cards and other traditional loans. Others operate on a cash-basis only and don't carry debt at all. This happens despite there being plenty of financially responsible consumers who pay their bills on time. They just don't have a traditional credit history, and they should be given the[...]

A Rebounding U.S. Economy Means Greater Opportunities for Borrowing with Credit Cards
Posted on August 4, 2015

The U.S. credit card market has made a comeback alongside the momentum of the U.S. economy. Last quarter, credit card loans touched their highest level in over five years on strong job growth and improving income levels. After mortgage and student loans, credit card debt is the third largest source of consumer borrowings. Overall, the [...]

MARKET TRENDS: Higher Consumer Spending Boosts GDP in 2Q15, Although Lower Than Expected
Posted on July 31, 2015

U.S. economic growth strengthened in the second quarter of 2015, although slower than anticipated, after a soft first quarter. The Gross Domestic Product, the value of total production, grew at a 2.3% annual rate from April to June, the Commerce Department said on Thursday. The gain in GDP growth was, however, lower than the market [...]