It is no secret that during this time in our lives, we experience a lot of transitions and one of the most important that occurs is our shift into adulthood. To some, being an adult only means taking care of yourself without receiving help from others and while that seems like an easy thing to do, it is essential to consider if you are in the proper position to do so.
For example, some of the vital things to possess as a grown-up includes a car, a place to call your own, and a job among many others, but one aspect often overlooked by college students is the value of credit scores.
7/23/2015-WASHINGTON–After nearly three years of study, the Department of Defense today issued the final Military Lending Act (MLA) rule.
The MLA better protects our service men and women from predatory credit practices by expanding financial protections provided to service members, and helping ensure military families receive the consumer protections they deserve. These actions build on the presidents announcement during a speech at the Pittsburgh chapter of the VFW of a voluntary partnership with financial lenders across the country to help deliver important financial and home loan-related protections to our military community.
Among tens of thousands of records in the Grams data, we were able to identify more than 600 listings for individual identitiessome including credit card information, others without. The listings ranged in price from less than $1 to about $450, converted from bitcoin. The median price for someones identity was $21.35.
The market for your data
Though the transactions are usually illegal, marketplaces on the dark web function much like those on the popular internet. Prices for stolen identities vary based on factors like quality, reliability, robustness, and the sellers reputation.
Banking is undergoing to change. There is a shift from huge branch network-dominated players to smart Internet or mobile platform-driven banking networks. The change is set to gather speed with the digital initiatives set in motion by the Government and the upsurge of start-ups. These start-ups will compete with banks’ digital initiatives for personal finance to capture the growing customer needs.
Amazon, one of the worlds largest e-retailers, has picked up stake in the Rs.375-crore funding round in online financial market place BankBazaar, a move that highlights the growing investor interest in this segment.