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It happens every year: As soon as consumers begin gathering their tax information, tax preparation companies begin trying to talk them into taking out costly loans against any refunds they might...
Consider this the next time you see a teenager take a drag on a cigarette: Your state government likely has a financial stake in that kid continuing to smoke. And quite possibly, so does your...
It's the empty houses, stupid. In case anyone has forgotten the core of the current economic crisis, here's a reminder: empty homes, both present and future. Empty homes are behind all the supposedly worthless mortgage-backed securities that no one w...
Hate hidden fees and other “gotchas†from credit cards and banks? You have until Aug. 4 to sound off about it. In May, the Federal Reserve proposed a sweeping set of rule changes that would ban a wide set of consumer-unfriendly bank practices.
This blog-like service is really an ad for a Web sales company.
Click on a weight-loss, work-at-home or acai berry ad and you’re likely to land on what looks like a blog or discussion board. Regular folks appear to be debating the merits...
Criminals are stealing the Federal Trade Commission's identity and using it to scam consumers around the country, the agency warned on Thursday. Scam artists are even impersonating individual FTC employees -- in one case, a criminal posed as a...
Stephanie Skinner recently received one of those letters that credit card account holders dread; her 11 percent rate had been raised to 29.99 percent. And when she called Citibank to complain, she was placed squarely between a rock and a hard...
Congress took a major step toward restricting the way banks charge overdraft fees this week with the introduction of legislation in both the House and Senate.
It was an active week for Congress and banking legislation: on Thursday, a House committee...
While the struggling U.S. banking industry has shown signs of life, recent SEC filings reveal that banks are relying heavily on fees and other non-interest income -- not loans and interest -- to make their comeback. Some say this trend is bad for...
