Kimberly Haman was applying for a new mortgage when her application was put on hold. The reason? Equifax, one of the U.S. consumer credit reporting agencies, thought she was dead.
1 thing 2 do.
Fun fact for your Wednesday afternoon, courtesy of Quartz! The $1 bill has not been changed since 1929, and will not be changing anytime soon. As has been the case for the past several years, the 2014 budget specifically said that the Treasury Department isn’t allowed to spend any money redesigning it, either. So don’t even try!
We are computer science researchers at the University of Vermont and have created a website that can predict the amount of money you have in your bank account. The website consists of a simple survey with questions posted by other users. The computer has been programmed to predict your personal savings based on your survey answers and statistical data of each question.
Well, I do love quizzes! Okay and now I am 91 questions in, with 61 to go. A half hour of my life is now missing and and I have answered such questions as:
- How many hamburgers do you eat in the average week? – Do you keep a journal? – Do you have an IRA? – Do you own a car? – How many inches is your TV? – Do you prefer to write with a pencil or pen? – Are you gay? – How much student loan debt do you have?
I forgot about an automatic payment which wiped out my checking account two days before my paycheck came in, and in that void I swiped my debit card five times which resulted in five overdraft fees of $35 each. Of course I had plenty of money in my savings account, but since I don’t sign into my bank account every day (should I be doing this?), I didn’t realize in time to transfer the money.
My brother is getting his master’s degree in Belgium. His bank account was overdrawn, and here’s how my Dad hilariously responded.
— J.P. Morgan (@jpmorgan) November 13, 2013
JPMorgan canceled a Twitter Q+A session with vice chairman and veteran investment banker Jimmy Lee yesterday after they realized that people could be mean on the internet.
Al Jazeera America has an article called “123456, your mom and other things that shouldn’t be your password,” which is pretty self-explanatory: It seems as if a lot of people are not very good at choosing passwords, or even when they are, they sometimes make the mistake of making the password hint too easy to identify.
Lisa Servon studies low-income communities and is a professor of urban policy at the New School in New York. Partly to make money so she could make ends meet, and partly to get an inside look at payday lenders, Servon decided to work at a check-cashing place in the Bronx and at a payday lender in California.