Professor Nigro's financial expertise highly regarded by national media
Professor of Finance and Sarkisian Chair in Financial Services Peter Nigro, Ph.D., has been an increasingly sought-after financial expert this spring by national publications seeking his expertise on financial saving, credit risk, and fair lending issues.
Nigro offers several tips on the best ways to save hard-earned money in a U.S. News and World Report article headlined "9 Secrets of Successful Savers.”
He suggests employees route half their earnings into a retirement fund and take advantage of their benefits. "Make sure you're getting your employer's retirement match. It's free money," Nigro says.
In the April 23 article, he also advises recent graduates to have a specific plan for how to spend each month. “Know what you make, and live within your means," Nigro advises. "A lot of new college grads buy a new car, which depreciates the minute you drive it off the lot. And you do not need the latest iPhone."
Prior to coming to Bryant, Nigro worked at the Office of the Comptroller of the Currency, which is responsible for regulating all national banks. Nigro gives many presentations on the future of community banks, the inner workings of credit scoring models, and the mortgage underwriting process. Former Federal Reserve Chairman Ben Bernanke was among those sitting in the front row at one of Nigro’s presentations.
Nigro’s comments about mobile payments were featured on TheStreet.com on Feb. 24. "The mobile payment wars are about to get hotter" as Google continues its competition against Apple Pay, he said.
In a Brass Magazine article on Feb. 2, he advised students not to damage their credit scores.
“Your credit score is your ‘permanent transcript,’” Nigro said. “The information stays on record for seven years and is critically important to all Americans.”
Creditcards.com quoted him on the same topic.