On August 15th the Federal Reserve’s rules regarding overdraft protection on debit and ATM transactions go into effect. Under the new law, banks, credit unions and other financial institutions must offer you the ability to make decisions about overdrafts for transactions made with your debit or ATM card.

American Financial Solutions is proud to announce that we are offering the most current and comprehensive program for learning to manage a checking account. CheckWise is an educational course for individuals who have never had an account, those who would like to know how to better handle their checking account and consumers who would like [...]

We have all heard the commercials or even seen them in the Internet. Some company offering a loan to help you meet your needs regardless of your credit qualifications. Unfortunately, these offers are often scams or loans that leave consumers worse off financially than they were when they started.

Home improvements and new appliances can be very costly, to ease the burden, the American Recovery and Reinvestment Act of 2009 extends many tax incentives and provides funding to every state to implement appliance rebate programs.   These incentives are provided to increase energy efficiency nationwide while helping you, the consumer, keep more of your money. 
There [...]

April is Financial Literacy month so this newsletter is dedicated to helping you assess your current money management habits. Good money management skills are very important in life. They can help you prepare for emergency situations, plan for retirement, and avoid paying too much for everyday needs such as auto insurance, home loans, and even [...]

MINNEAPOLIS (AP) – A company that guarantees federal student loans said Friday that personal data on about 3.3 million people nationwide has been stolen from its headquarters in Minnesota.
Educational Credit Management Corp. said the data included names, addresses, Social Security numbers and dates of birth of borrowers, but no financial or bank account information.
The data [...]

Did you know if you are on unemployment you can save up to 20% on certain items at K-Mart? All you need is a valid state identification card. Visit http://www.kmart.com/shc/s/dap_10151_10101_DAP_Unemployment+Program to sign up now!

Did you know the Homebuyer Tax credit has been extended? Qualifying first time home buyers have until April 30, 2010 to purchase a home and receive the $8,000 tax credit on their 2010 taxes.
In addition, the extension provides a tax credit of $6,500 for families who have already owned a home. In order to qualify, [...]

Life’s expensive. That’s why, if you make less than $48,279, it’s smart to find out about the Earned Income Tax Credit.[1]
One of the largest benefit programs for working families is also one of the most overlooked. It’s called the Earned Income Tax Credit (EITC) and, as the name implies, it’s for people who work for [...]

Quick tips that can help you manage your credit effectively so you have the credit you need when looking for employment, purchasing a home or simply want to make sure you qualify for the best rates for any loan.