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Banking customers are still steering clear of the Wells Fargo wagon.
The scandal-ridden San Francisco bank admitted Thursday that it saw drastic declines in new applications for credit cards and checking accounts, two key products that were at the center of Wells’ cross-selling controversy.
According to the Federal Reserve Bank, Americans have racked up $1.3 trillion of student loan debt, more than double the amount of debt carried by Americans just eight years ago.
That debt is growing at a rate of $3055.19 per second. We are putting off owning homes, buying cars, and making babies in record numbers, and queer and trans folks are dealing with this in addition to issues like workplace discrimination, barriers to creating and being respected as families and parents, and overall higher rates of economic insecurity. Additionally, very few of us these days have an actual emergency fund.
Here’s a few pointers and helpful reminders to get you started:1.