Finance News

Survey finds average millennial wants to retire at 617/19/2018

However, few millennial workers are saving enough money to achieve this goal

Cryptocurrency bounces back, but not enough to stabilize volatility7/9/2018

Bitcoin is having a hard time getting back above $7,000

Crypto market takes a $9 billion hit6/29/2018

Blame was pointed toward Bitcoin and Ether

Chase's smartphone bank is being expanded nationwide6/29/2018

Finn has been test-marketed in St. Louis since October

Florida appoints its own cryptocurrency czar6/27/2018

The state joins others in giving Bitcoin and ICOs close attention

Facebook reverses its ban on cryptocurrency ads6/27/2018

Advertisers will have to apply for ad space

Consumers aren't building up savings and aren't too worried about it6/20/2018

Report finds only 29 percent could cover six months of expenses

Central Bank agency warns that Bitcoin could break the internet6/18/2018

The cryptocurrency may not be replacing traditional currency any time soon

SEC official declares Ether is not a security6/15/2018

The statement caused the digital coin’s value to surge 9 percent

Bitcoin price plummets to new low after academics declare its value was artificially inflated6/13/2018

A new study suggests that trades were timed to spark substantial increases in Bitcoin prices

Millennials’ median income by state6/12/2018

Massachusetts ranks number one, with an adjusted median income of over $80,000 among millennials

Hack of South Korean exchange wipes out billions in cryptocurrency6/11/2018

Experts say the news casts doubt on Bitcoin and other commodities

Coinbase becomes the first SEC-regulated broker-dealer6/8/2018

Cryptocurrency takes its first step towards becoming legitimate

Mortgage rates fall for a second straight week6/8/2018

The average rate is at its lowest level in seven weeks

More employers using student debt help as employee benefit6/6/2018

Fidelity offers businesses a repayment benefit plan that is similar to a 401(k)

Securities and Exchange Commission appoints a cryptocurrency czar6/5/2018

The U.S. wants to make sure cryptocurrency’s growth is done the right way

Americans’ savings rate drops in April6/1/2018

Higher gasoline prices may be partly to blame

Federal Reserve proposes loosening additional regulations on banks5/31/2018

Under the proposal, not all banks would be covered by the Volcker Rule

Federal agency urges banks to compete with payday lenders5/29/2018

Office of the Comptroller of the Currency asks banks to make small-dollar installment loans

DOJ to investigate Bitcoin price manipulation5/25/2018

Lack of regulation within the cryptocurrency market makes it susceptible to fraud

Four in 10 adults don't have enough money saved to handle an emergency5/23/2018

Despite improving economic conditions, consumers are still struggling to save

Bitcoin consumes as much energy as the country of Ireland, study claims5/23/2018

Other experts say it’s difficult to determine how much energy the cryptocurrency actually consumes

Congress votes to roll back some bank regulations under Dodd-Frank5/23/2018

Critics charge that the decision ignores the lessons of the financial crisis

Nearly 51 million households can’t afford basic necessities5/18/2018

A new report finds that financial hardship is still a ‘pervasive problem’

SEC creates fake cryptocurrency to warn consumers of potential scams5/17/2018

The agency included and explained many of the most common red flags

Seattle votes to tax high-grossing companies to help the homeless5/16/2018

Amazon and Starbucks are fuming after learning of the City Council decision

Survey finds consumers are going deeper into debt5/11/2018

An analysis projects consumers will owe $4 trillion by the end of 2018

NYSE owner reportedly working on Bitcoin trading platform5/8/2018

The potential platform would allow big investors to buy and hold Bitcoin

The SEC turns up the heat on cryptocurrency5/3/2018

This time, its sights are set on regulating Ethereum

Bitcoin investors cry foul and seek to file suit against Bitcoin.com4/30/2018

Buyers accuse the site of purposely misleading them about the products they purchase

Study finds bank technology often frustrates consumers4/27/2018

Digital-only bank customers are the least-satisfied

Senate bill would establish banks in every post office to serve low-income consumers4/26/2018

The measure would create competition for payday lenders

The New York Stock Exchange suspended trading of Alphabet and Amazon4/26/2018

A “price scale code issue” led the NYSE to suspend trading of five securities on Wednesday

Iran’s banks banned from using cryptocurrency4/24/2018

The decision was made to address money laundering and financial terrorism concerns

Yield on the 10-year Treasury bond nearing 3 percent4/23/2018

Economists explain why consumers should care

New York Attorney General opens probe into Bitcoin exchanges4/19/2018

The AG is asking for more information about each platform’s practices and policies

Payday lenders sue CFPB over Obama-era rule4/10/2018

The two payday-lending trade groups say the rule would essentially put an end to the payday industry

Coinbase set to open cryptocurrency-oriented venture capital firm4/6/2018

The company feels it’s just scratched the surface of what’s possible with digital currency

Wells Fargo threatens Alaska cannabis lab with foreclosure4/3/2018

A lab that conducted cannabis testing for legal weed consumers says that Wells Fargo is calling in their building loan

Young Americans have less consumer confidence than their parents4/3/2018

New research finds millennials are less confident than baby boomers for the first time ever

Survey highlights consumer struggles with bills and savings4/3/2018

Research shows millennial women are particularly vulnerable

Consumers earned more last month but spent less3/29/2018

Inflation ticked up but remains in check

Wall Street bonuses in 2017 were the highest since 20063/27/2018

​Experts say tax law changes have benefited bankers

Bankruptcy makes loans more expensive, but not impossible3/27/2018

A study shows that most consumers can qualify again within two years

Twitter announces a ban on cryptocurrency ads3/26/2018

The social media platform says the decision will help keep users safe

Experian launches free tool to remove mistakes from credit reports3/23/2018

The company says consumers shouldn't spend money on credit repair

Coinbase bug allowed users to send themselves unlimited amounts of cryptocurrency3/22/2018

The finding is yet another bump in the road when it comes to cryptocurrency security

Two-thirds of millennials haven’t saved anything for retirement3/22/2018

Researchers cite a ‘harsh economic landscape’ as the main reason

Debt collection still a big source of consumer complaints3/21/2018

A joint report shows federal agencies still receive thousands of complaints

Twitter may soon ban ads for cryptocurrency products3/19/2018

Reports suggest the social media giant will join the fray to protect consumers from fraudulent and manipulative pitches

Study finds huge knowledge gaps about student loans3/19/2018

The authors say misinformation can lead to costly mistakes

Fed likely to raise interest rates this week3/19/2018

The decision will boost rates on credit cards and home equity loans

Court strikes down proposed fiduciary rule3/16/2018

Justices say the Obama Labor Department exceeded its authority in drafting it

Google cracks down on ads for Bitcoin and other cryptocurrencies3/14/2018

The company says the assets have too great a potential for harm

Senate makes final tweaks to Dodd Frank revisions3/13/2018

Small community banks would come under less regulation

How much money does it take to achieve personal happiness?3/12/2018

Researchers say it’s more than what most people in the U.S. make

SEC makes clear that cryptocurrency exchanges must be registered3/8/2018

The agency is stepping up its plan to make sure all investors are protected

Harvard economist expects huge drop in Bitcoin value within next decade3/6/2018

Regulation will drive down the price of Bitcoin, economist Kenneth Rogoff says

Partial rollback of financial reform law on track to pass Senate3/5/2018

Some Democrats are joining Republicans to ease rules on smaller banks

SEC launches an investigation into cryptocurrency ICOs3/1/2018

Initial coin offerings are a boom, and the agency wants to know what’s real and what’s not

Citi refunding $335 million back to its overcharged credit card customers2/26/2018

The mistake affects an estimated 1.75 million U.S. credit card accounts

The best cities for consumers seeking a fresh start2/23/2018

Cities with low rents, high incomes, and lots of singles top the list

Bitcoin remains volatile but its value is rising2/21/2018

One trader credits fading regulatory concerns

Congress may be moving toward cryptocurrency regulation2/19/2018

Volatile investments pose risks to investors, regulators warn

Millennials having trouble keeping up financially2/19/2018

A report finds it's a common problem for young people around the world

Inflation picked up steam in January2/14/2018

The cost of consumer goods increased above expectations last month

Mortgage rates moving closer to five percent2/13/2018

One survey suggests buyers won’t be deterred by rising rates

Hackers rifle through thousands of sites panning for cryptocurrency2/12/2018

A cryptocurrency exchange site was also reportedly hit for hundreds of millions

Government's consumer watchdog says agency will be less aggressive2/12/2018

The CFPB has reportedly dropped a suit against a major online lender

Stock market volatility taking investors on wild ride2/9/2018

Experts say things are simply getting back to normal

How rising interest rates will affect consumers2/8/2018

One economist says the impact should be minimal

Report claims CFPB is backing away from Equifax probe2/6/2018

Sources say the consumer agency shows little interest in the agency’s 2017 data breach

Federal Reserve limits Wells Fargo's growth, demands board changes2/5/2018

Regulators say the bank must show consumer abuses won't happen again

Credit card companies saying no to cryptocurrency purchases2/5/2018

Lenders worry about fraud, consumers getting in over their heads

Federal Reserve sees building inflation but keeps interest rates the same2/2/2018

But rate hikes later this year will affect consumers carrying a credit card balance

Consumers' top financial regrets and how to avoid them1/30/2018

Expert offers advice for avoiding costly mistakes

Thieves now use malware to take control of ATMs1/29/2018

'Jackpotting' is a new threat to these convenience machines

Consumer savings rates fall to 10-year low1/29/2018

Despite spending and income bumps, one expert warns of a possible recession

Cryptocurrencies rocked by 'disappearing' NEM1/26/2018

Japanese exchange says it can't find $400 million of the currency

Bank of America customers owe a fee if they’re low on funds1/23/2018

Bank of America is eliminating a program that allowed low-income customers better access to free checking

Some Wells Fargo customers report getting double charges1/18/2018

Bank says it has now fixed its online banking glitch

CFPB to reconsider payday lender regulation that protects consumers1/17/2018

Reversing the rule would allow lenders to extend credit without ensuring that borrowers can repay the loan

Communication hinders savings success for many couples, survey suggests1/17/2018

New data shows most couples don’t carve out time to talk about money on a daily or weekly basis

Cryptocurrencies start the week with double-digit losses1/16/2018

Bitcoin plunges to below $12,000

Survey finds consumers are confident about their finances1/11/2018

Economist says tight labor market may be lifting spirits

Is the Consumer Financial Protection Bureau mission changing?1/5/2018

Critics of the agency say businesses may be getting more protection than consumers

Federal proposal would allow employers to pool their workers’ tips again12/28/2017

Regulators say bringing back tipping pools will help untipped workers. Workers say that tipping pools only enrich their bosses

Tax deadlines and strategies to maximize your retirement savings12/18/2017

Cultivate your investments now for bigger payoff later

Renting is a good deal and about to get better12/18/2017

In many markets, homeownership costs are climbing faster than rents

Federal Reserve raises key interest rate12/13/2017

Here is how it will affect most consumers

Big banks and hackers go after Bitcoin, but value remains high12/8/2017

Billionaires and government agencies say that the Bitcoin bubble will eventually burst

Discover launches new financial literacy program12/6/2017

Latest effort by credit card industry to help consumers understand money management

How the new Republican tax plan may affect the average consumer11/30/2017

While some middle-income earners could see reductions, experts say the plan is biased toward upper income households

Bitcoin's value surges past $10,00011/29/2017

The digital currency has increased its value 940 percent in 2017

Banks are paying more for your deposits11/29/2017

But does it pay to give them your money?

Credit score requirements for renters getting higher, study finds11/17/2017

Here are the scores you'll need to rent in various markets

Most high school students graduate without personal finance course11/15/2017

Only five states require a one semester financial literacy course to graduate

Freedom Debt Relief faces federal lawsuit11/9/2017

CFPB claims the company has deceived customers

Surveys show renters still 'cost burdened' by rents11/9/2017

Nearly half pay more than 30 percent of their incomes on rent

Parents often overspend on their children’s weddings, survey finds11/2/2017

Parents cover about two-thirds of the total cost, but there are many ways to save

Millennials urged to start saving for retirement now10/30/2017

Planning ahead will have critical payoff in the long run, experts say

TD Bank survey reveals U.S. consumers' average spending habits10/24/2017

Top expenditures were housing, dining and transportation

Millennials are more likely to share salary details with co-workers, survey finds10/19/2017

Why experts say sharing your salary with colleagues may be a good thing

Why consumers should closely follow upcoming tax debate10/9/2017

Chances for tax reform have improved, but experts say the final outcome uncertain

Payday lenders now face tougher requirements10/5/2017

Lenders must make sure the borrower has the means to repay the loan

Personal income and spending creep higher in August9/29/2017

Hurricane Harvey’s effect is clear but difficult to quantify

What the tax cut proposal would mean for consumers9/28/2017

If you live in California, it could raise your taxes

The future of consumer banking rests in artificial intelligence9/21/2017

Since consumers seem to like it, traditional banks are getting on board

An emergency savings fund can start with a modest amount9/15/2017

Here's how to build a savings account that will allow you to sleep at night

Why the Fiduciary Rule faces uncertain future9/14/2017

The House of Representatives is poised to deal a deathblow, but the Senate may not follow

Consumers still struggling to put money away9/13/2017

More than half still don't have $1,000 in a savings account

Veterans cautioned on VA loan charges9/8/2017

Lender claims veterans are being targeted with high-cost offers

Another 2017 low for the 30-year mortgage rate9/8/2017

This week's decline was the third in a row

How do I protect my financial documents from an impending disaster?9/7/2017

We have tips and advice from the experts

The biggest financial stress may be avoidable9/7/2017

Consumer survey finds debt is what keeps most people up at night

Millions in private donations headed for Texas9/1/2017

Social media helps consumers and corporations become first responders

Online gambling industry targets low-income consumers and those with past gambling problems9/1/2017

One politician says the industry has 'no moral compass'

Survey finds owning a home still biggest part of American Dream8/25/2017

But growing obsticles may make that dream harder to realize

A 2017 low point for 30-year mortgage rates8/25/2017

It's the fourth decline in as many weeks

Reverse mortgage a risky way to increase Social Security payments8/24/2017

Consumer bureau warns against a tactic being pushed by many financial advisors

Do you live paycheck-to-paycheck?8/24/2017

If you do, a survey shows you've got plenty of company

Feds end consumer measure that earned wrath of payday lenders, Republicans and sex industry8/21/2017

The Trump administration says the banking policy allowed the feds to target merchants for political reasons

How raising the minimum wage by $1 could reduce cases of child neglect8/18/2017

Researchers say recent actions throughout the nation are encouraging signs

Mortgage rates move mostly lower8/18/2017

Both the Freddie Mac and Bankrate surveys show little substantial movement

Perceptions of your partner's spending habits could lead to financial conflict8/17/2017

Researchers say couples tend to view each other as 'tightwads' or 'spenders'

Lenders making fewer subprime loans8/16/2017

TransUnion report finds big drop in personal loans and auto lending

Labor Department delays full Fiduciary Rule for additional 18 months8/10/2017

Key provisions had been set to take effect next January

Record high stock market not telling the whole story8/7/2017

Most stocks are not participating in the rally

JPMorgan Chase fined $4.6 million for not guaranteeing accuracy of consumer information8/3/2017

CFPB says the inaccuracies made it impossible for consumers to open accounts

Lender rolls out 1% down mortgage for first-time home buyers8/3/2017

The new program will help buyers overcome the challenge of coming up with a down payment

Poll: consumers back the Consumer Financial Protection Bureau8/2/2017

Half say banks need more regulation

Consumer agency warns of high pay-by-phone fees7/31/2017

Companies should clearly disclose fees for different payment options

Making time-saving purchases increases happiness in consumers7/27/2017

Buying ourselves out of unpleasant or time-wasting experiences may be worth it

The economy has improved but money worries persist7/19/2017

High levels of debt keeping many consumers up at night

Consumers support strong regulation of Wall Street, poll finds7/18/2017

The annual survey also found strong support for the Consumer Financial Protection Bureau

Kiplinger rates the top banks and credit unions7/17/2017

Highly rated banks offer more services with fewer fees

What kind of financial shape is your state in?7/11/2017

Researchers at George Mason University rank the best and the worst

Questions to ask before selecting a robo advisor7/10/2017

Experts say investors need to do their homework

More employers promoting financial wellness among employees6/29/2017

Surveys show employees' money angst hurts productivity

Most Americans can't afford a new car, study finds6/28/2017

Experts cite the rising price of vehicles and the anemic growth of household incomes

Complaints about banks on the rise6/27/2017

Analysis shows the numbers rose dramatically last year

Study finds Millennials spend far too much on vices6/26/2017

Results show that the average Millennial eats out five times per week

Consumer groups seek expansion of CFPB's authority6/23/2017

Legislation would give CFPB power to enforce protections for military consumers

Capital One, Discover win honors for best mobile financial apps6/19/2017

But lack of trust still keeps many consumers from going mobile

Fed hikes interest rates amid record high credit card rates6/15/2017

It'll cost a little more to pay off those balances

Feds revising rule covering third-party debt collectors6/13/2017

Banks, not debt collectors, could be accountable for the accuracy of the debt information

Supreme Court splits straws over the definition of a debt collector6/12/2017

Santander was hounding consumers to pay old debts it bought from Citi

Brokers trim mutual fund line-ups as Fiduciary Rule takes effect6/8/2017

The rule is intended to protect American workers' retirement savings from shady practices

Social Security going up, but expenses rising faster6/8/2017

Items purchased by seniors are up steeply in recently years

TIAA rolls out new automated investing platform to simplify retirement planning6/6/2017

The program offers socially responsible options and a range of risk levels

Mortgage rates fall to six-month low6/1/2017

It's a good time to buy a house, if you can find one for sale

Fiduciary Rule policing financial advisors takes effect June 95/30/2017

But analysts say lack of enforcement will cost consumers billions of dollars

Judge voids car title loans for Massachusetts consumers5/30/2017

200 consumers who took out loans won't have to pay them back

Here are some alternatives to taking out a payday loan5/23/2017

Newer fintech companies are finding ways to serve consumers with damaged credit

Three out of four consumers live with financial regret, survey finds5/23/2017

Consumers cite not saving for retirement earlier as the most common

Consumer debt reaches record high in first quarter5/18/2017

New York Fed finds increase in student loan delinquencies

Financial management tools for college students5/18/2017

Apps and financial education can help students maintain financial stability

Millennials are harsher on themselves than some previous generations5/17/2017

A survey shows that they believe they should be footing their bills earlier

Chase mortgage rolls out the points for Sapphire Card customers5/12/2017

Buy a home, get 100,000 Ultimate Points

What to consider before taking out a reverse mortgage5/12/2017

A business professor says they might be right for some, but not all, seniors

States with the highest and lowest cost of living5/11/2017

Moving just might put more money in your pocket

Barclays to repay $97 million of fees and charges to clients5/11/2017

The firm didn't have procedures in place to ensure accurate billing, the SEC charged

More research stresses financial compatibility in relationships5/10/2017

Bankrate researchers found 42% consider a potential mate's credit score

2017 grads still face some challenges5/10/2017

In addition to finding a job, they also need money skills

Fiduciary Rule not killed, as expected, in spending bill5/3/2017

Provision removed at last minute after Democrats balked

Feds fine auto lender for violating earlier consent order4/26/2017

SNAAC mostly loans to servicemembers buying used cars

Debt consolidation: the pros and cons4/22/2017

A loan might improve monthly cash flow but it can also pave the way to more debt

Three financial documents you should be checking4/21/2017

But a new survey shows there are a lot of things consumers check more

Why world tensions are making mortgages cheaper4/20/2017

Meanwhile, the mortgage interest tax deduction could be in the crosshairs

Payday loan customers support more regulation, study finds4/19/2017

They would also prefer to do business with a bank or credit union

All of a sudden, gold is glittering again4/17/2017

If you plan to buy the precious metal, give careful consideration to how you do it

How financial literacy can help ease anxiety about growing old4/17/2017

Researchers say those who understand finance are able to accrue more wealth over their lifetime

When 'fake news' can cost you real money4/11/2017

Fake financial news could cause investors to make poor decisions

New concerns about growing consumer debt4/4/2017

Annual survey finds consumers have more credit card debt, less in retirement savings

Millennials saving more for their kid's college than for retirement, poll finds3/28/2017

Debt-saddled Millennials don't want their kids to face the same financial challenges

How paying a little extra can reduce your debt faster3/28/2017

LendingTree calculator shows just how expensive interest is

Feds considering changes to banking rules3/24/2017

Data aggregator says a bank proposal would restrict consumer access to information

Municipal debt collectors agree to clean up their act3/24/2017

Governments are often no better than private companies in their debt collection practices

Do you have $2,000 to meet an emergency?3/24/2017

One-third of consumers say they don't

Experian misled consumers about how its credit scores are used, feds charge3/23/2017

The credit reporting agency has been ordered to pay a $3 million penalty

Planning for retirement still not high on workers' things-to-do lists3/21/2017

Saving for retirement doesn't rank very high either

Survey finds consumers feeling better about savings3/21/2017

Unfortunately, they don't seem to be saving any more than last year

What are Millennials most likely to save for?3/16/2017

Study sheds light on the savings goals of Millennials and Gen Xers

What the Fed's second rate hike means for consumers3/16/2017

Among other things, credit card interest rates are likely to rise

Consumers increasingly turning to personal loans3/6/2017

Similar to a credit card, a personal loan is only secured by your creditworthiness

Bitcoin passes gold in value for the first time ever3/3/2017

Experts say the electronic currency's jump in value shows that investors are taking it more seriously

Survey finds consumers don't know about the Consumer Financial Protection Bureau3/2/2017

That's bad news for the CFPB, which is in the cross-hairs of the Republican Congress

How's your savings compare to your credit card debt?2/23/2017

Bankrate survey finds growing number of consumers on wrong side of that equation

How to talk to your significant other about finances2/22/2017

Keep money from ruining your relationship by making sure you're both on the same page

Credit card defaults continue to rise2/22/2017

January survey shows consumers are having a harder time paying their bills

Consumers falling behind on car payments2/17/2017

Delinquencies rise, along with consumer debt

Federal appeals court agrees to rehear challenge to Consumer Financial Protection Bureau2/16/2017

The court's decision is seen as promising by supporters of the embattled agency

Military personnel speak up for beleaguered consumer agency2/16/2017

Senior enlisted leaders say the Consumer Financial Protection Bureau has aided those in the armed forces

Student debt collector to pay $700,000 for using unlawful tactics2/15/2017

GC Services left phone messages for third parties, among other violations

Report finds older couples more likely to conceal spending from spouse2/13/2017

CreditCards.com finds 12 million consumers have secret accounts

Time to call off the attack dogs and let the fiduciary rule take effect, consumers argue2/9/2017

Americans need the protections the rule offers so they can invest safely for retirement

Judge upholds fiduciary rule under attack by financial industry2/9/2017

The Trump White House could still withdraw or weaken the rule, however

AARP raps Trump executive order reversing fiduciary rule2/6/2017

The seniors group worries about the impact on retirement savings

Study finds link between finger length and lifetime income2/6/2017

The length of the index and ring fingers are known to reflect testosterone levels

Trump's plans to gut consumer protections denounced by consumer groups2/3/2017

Trump is 'throwing middle-class Americans under the bus,' consumer advocates argue

Prospect Mortgage to pay $3.5 million for making illegal kickbacks1/31/2017

The scheme involved payments to Realtors and a loan servicing company

About half of consumers emotionally overspend, survey finds1/31/2017

Stress most often drives consumers to spend more than they can reasonably afford

Millions of payday loan ads removed from Google1/31/2017

Consumer groups applaud the effort

Consumer groups file motion supporting CFPB in court battle1/26/2017

A federal appeals court has found that the agency is unconstitutionally structured

Dow Jones Average tops 20,000 for first time1/25/2017

It came close in December before the rally fizzled

Citigroup mortgage units to pay $29 million for giving homeowners the runaround1/24/2017

The companies failed to help troubled consumers who were trying to save their homes, feds charge

Consumer credit defaults increased slightly in December1/19/2017

But the level is still very low compared to eight years ago

Why your emergency fund might not be big enough1/18/2017

The extent and cost of emergencies can be wide-ranging

Moody's to pay $863 million for favoritism in its ratings1/17/2017

Twenty-one states and D.C. sued the company, claiming its actions contributed to the financial crisis

Morgan Stanley pays $13 million to settle overbilling charges1/17/2017

Company says the charges were the result of coding errors

Why you might have to move to get ahead financially1/16/2017

There are places where your money may go a lot farther

Surveys show U.S. consumers are still struggling1/13/2017

More than half can't cover an unexpected repair bill

5 habits of financially fit consumers: #5, Saving and investing1/6/2017

Personal finance experts offer tips for starting a savings program

5 habits of financially fit consumers: #4, Managing debt1/5/2017

Personal finance experts offer tips for handling credit cards and other debt

5 habits of financially fit consumers: #3, Setting financial goals1/4/2017

When you have a reason for getting your financial life in order, it's easier to do

5 habits of financially fit consumers: #2, Budget analysis1/3/2017

Personal finance experts say an income and spending blueprint is a vital document

CFPB: TransUnion, Equifax deceived consumers, ordered to pay restitution1/3/2017

Companies tricked consumers into costly recurring payments, feds charged

5 habits of financially fit consumers: #1, Checking credit reports1/2/2017

Personal finance experts agree you should check your credit report on a regular basis

Seniors defaulting on student loans face rising Social Security garnishments12/21/2016

GAO report shows these garnishments are pushing seniors into poverty

Feds say pawn shops understated cost of credit12/19/2016

Quoted an annual percentage rate that was misleading, complaint alleges

Dow Jones Industrial Average closing in on 20,00012/13/2016

The benchmark average has soared nearly 8% since election day

Feds rebuke reverse mortgage lenders for deceptive claims12/7/2016

Firms falsely claimed borrowers would be able to pay off all debts even though a mortgage is a debt

Does a home equity loan make more sense than a credit card?12/7/2016

A lot is determined by how you intend to use the credit

Race track owner selling his business to protest new South Dakota payday law12/1/2016

Voters overwhelming approved a measure to limit interest rates on payday loans, upsetting a payday lending magnate

Five easy household budgeting tips11/7/2016

To effectively save money, just take baby steps

Why you should read the fine print on 0% financing offers11/1/2016

Fail to meet any of the conditions and you could owe all the interest

Do you really need a brick-and-mortar bank?10/25/2016

If so, you may have a hard time finding one soon

Credit card worries weighing on consumers10/24/2016

Survey finds credit cards are a much bigger concern than student loans

Poor hedge fund performance causing pension concerns10/20/2016

Issue bubbles into the open in New York

Amid scandal, Wells Fargo CEO decides to retire10/13/2016

John Stumpf had felt lawmakers' wrath in Congressional appearences

Navy Federal Credit Union fined for improper debt collection practices10/11/2016

Many of those targeted were active-duty military members

Feds hit Wells Fargo with $24 million penalty for mistreating servicemembers9/30/2016

The bank did not grant servicemembers the rights they are entitled to under federal law

Money 101: where to turn for help9/30/2016

A number of government and private sources can help consumers get a handle on money issues

New California law protects surviving spouse from foreclosure9/30/2016

Previously, lenders were not required to even talk to surviving family members

Money 101: how to start saving9/29/2016

Can you still save while paying off debt?

Money 101: living below your means9/27/2016

A thrifty lifestyle will put money in the bank

Wells Fargo employees sue, saying they are 'biggest victims' of fraud9/26/2016

The employees say they were driven to the 'breaking point' by pressure to open new accounts

Chase, Capital One top bank brand study8/31/2016

Harris Poll finds consumer attitudes toward banks softening a bit

What causes you the most financial stress?8/22/2016

Survey finds 20% of consumers stressed by too much credit card debt

The psychology of saving money8/5/2016

Could it all rest on whether you think about the future?

Is it easier to save money when you pay with cash?7/21/2016

Research shows consumers think about a purchase more when they pay with cash

Senator joins financial reform advocates on payday loan regulation7/14/2016

Urge citizens to use comment period to lobby for loophole-free rule

Suddenly, banks want you and are willing to pay7/13/2016

Banks in largest U.S. cities are paying cash bonus to open checking account

Wells Fargo launches new loan program for first time homebuyers5/26/2016

Aims to help low-to-moderate income consumers become homebuyers

Google banning ads for payday loans5/11/2016

The short-term, high-interest loans trap many consumers in a spiral of debt and bank overdraft fees

Millennials go out more but spend less, survey finds5/11/2016

The generation uses credit cards 22% less than the average consumer

How much does it cost to attend a wedding? 5/10/2016

The average person will attend three weddings this year, and expenses can really add up

Wells Fargo to pay $1.2 billion for mortgage fraud 4/11/2016

The bank certified loans as eligible for FHA insurance when it knew they did not qualify

Millennials are changing the face of banking4/8/2016

Unbanked by choice, they are looking to banks for different kinds of services

Stockpile: gift cards for stock4/6/2016

Company offers an easy way to get into the stock market

New limits expected for financial advisors3/28/2016

New rules designed to end conflict of interest in financial advice

Personal income, outlays edge upward in February3/28/2016

The personal saving rate rose as well

Rising life insurance premiums challenged in court3/23/2016

Consumer group brings class action suit against Transamerica

Cost of living on the decline in February3/16/2016

Lower energy prices were a major factor

Bankers warned about putting student loans into default when co-signer dies3/9/2016

The practice can ruin borrowers' credit and could be deemed unfair and deceptive

HSBC paying $470 million to settle mortgage abuse claims2/5/2016

Much of the money will go to consumers who lose their homes to foreclosure

Study finds that more expensive weddings often lead to shorter marriages2/2/2016

Research shows that weddings under $1,000 create the longest-lasting marriages

Royal Bank of Scotland warns investors to “sell everything”1/12/2016

Note warns that world stock markets poised to lose up to 20% of value

Feds fine Clarity Services Inc. $8 million for consumer credit violations12/3/2015

The company allegedly obtained credit reports illegally

Wells Fargo to pay $81 million for mortgage violations 11/5/2015

The bank failed to send all required notices to homeowners

As costs skyrocket, wedding loans becoming more common11/3/2015

In some cases, the loan could outlast the marriage

Congress may allow debt collector robocalls to cell phones10/28/2015

Hidden in the budget bill, the provision would open the floodgates for collector robocalls

Gold prices are up and so are the gold commercials10/15/2015

But catching the gold bug proved costly in the past

More military members identified as eligible for foreclosure relief10/1/2015

Nearly 1,500 more servicemembers are eligible for payments

Mortgages continue to dominate complaints to the CFPB9/23/2015

Foreclosures, lack of information and payment problems irk consumers

Citizens Bank to pay millions for ignoring deposit discrepancies8/13/2015

Receipts did not match actual money transferred

Why cheap Chinese products are about to get cheaper8/11/2015

China has devalued its currency in an effort to boost sagging exports

One in five Americans is financially supporting a family member8/5/2015

TD Ameritrade survey finds plenty of children helping parents

California case illustrates dangers of annuity frauds7/17/2015

Palm Desert insurance salesman ordered to pay $3.4 million in restitution

Feds take action against sellers of non-existent credit or identity theft monitoring services7/1/2015

If you were ever charged for these “services,” you might be owed a refund

A day late and a dollar short: Consumers still aren't putting away money for a rainy day 6/23/2015

There are things you can do to solve the problem

Mortgage rates on the rise6/15/2015

Some have moved above the 4% mark

RPM Mortgage to pay $19 million penalty 6/4/2015

The company steered consumers into costlier mortgages

Credit reporting agencies agree to consumer-friendly changes5/21/2015

Experian, Equifax and TransUnion will also pay $6 million to 31 states

Feds charge Nationwide Biweekly's "Interest Minimizer" is deceptive5/11/2015

Many consumers wind up paying more in fees than they save in lower interest payments, the CFPB alleges

Green Tree Servicing to pay $63 million to settle federal charges4/21/2015

The mortgage servicing company allegedly abused consumers, misrepresented amounts owed

Estate planning taking a backseat to retirement planning4/10/2015

Baby Boomers not focusing on what happens after they die

Subprime loans -- betting that new car will last 84 months3/16/2015

Low payments look good but seven years of interest adds up

Fifth Third Bank customers miffed by security procedures3/13/2015

Bank blames depositors for fraud by third parties, one customer complains

Credit agencies agree to change handling of errors; medical-debt listings3/9/2015

New York State attorney general's agreement to apply nationwide

What you should know about home equity loans3/9/2015

Despite their risks they are often better than other sources of credit

Midland National Life agrees to $1.3 million penalty2/4/2015

California's insurance commission uncovered problems while responding to consumer complaints

A reverse mortgage should always be in both spouses' names1/9/2015

When it isn't, very bad things can happen

TD Bank's overdraft fees are excessive, lawsuit charges1/8/2015

Transactions are reordered to maximize overdraft charges, the suit alleges

Fannie Mae unveils new mortgage for first-time buyers12/18/2014

Qualified buyers can put as little as 3% down

Conventional mortgage or FHA? Which is cheaper?12/3/2014

New mortgage rules may make low-down-payment conventional loans more affordable

U.S. Bank ordered to refund $48 million to consumers9/25/2014

420,000 customers were charged for identity protection "add-ons"

Bank of America to pay $16 billion fine for mortgage fraud - homeowners to get $7 billion8/21/2014

It's the largest civil fine in American history

The small fortune hiding in your loose change8/14/2014

Your nickels and old pennies might be too valuable to spend

Amerisave to pay $19 million for alleged bait-and-switch mortgage scheme8/12/2014

Eligible consumers will be contacted once a procedure is established

Pension loans and why you should avoid them7/3/2014

Short-term gain in exchange for long-term loss

Payday loans, debt collection, credit reports -- all have big problems5/23/2014

Report finds illegal actions, slipshod practices in all three areas

Survey: employees' money worries huge workplace distraction5/19/2014

Data suggest even the employed are struggling financially

Could you get $2,000 in an emergency? 40% of Americans can't4/9/2014

If you don't have a nest egg, start building one today

How much house can you afford?2/3/2014

You need to know that number before you start house hunting

Is it any easier to get a mortgage now?9/26/2013

With the market recovering, getting a loan can still be tricky

Starting over after bankruptcy5/17/2013

If you have a plan, you can put your financial life back together

Thinking about opening a restaurant? Here are some tips.5/3/2013

It'll take a lot more than a love for food to be successful.

Mortgage re-defaults increasing at an 'alarming rate'4/29/2013

And some homeowners are still trying to modify mortgages, meeting the same problems as before

Want to sell your own art or merchandise? Here's how1/30/2013

Many of us have a good business idea, but don't know how to get that idea off the ground.

The pros and cons of buying a franchise1/15/2013

It usually comes down to how much money and experience you have

How Secure is Mobile Banking?11/5/2012

It has the potential to be very secure, report finds

Dominican Mortgage Assistance Operation Halted7/30/2012

Spanish-speaking U.S. homeowners were allegedly defrauded of more than $2 Million

Indiana Sues Two More Foreclosure 'Rescuers'7/24/2012

State claims homeowners paid upfront for no services

Exaggerated Claims for Mortgage and Foreclosure-Relief Services Cost Operators Millions7/3/2012

The defendants charged consumers $2,000 each for services they did not perform

Banks Charge Non-Customers to Cash Checks6/15/2012

Closing your bank account doesn't mean you can escape fees

Courts Shut Down 'Forensic Audit' Company6/13/2012

Consumer Advocates Group claimed it could help financially-troubled homeowners

Feds Block Bogus Mortgage, Foreclosure Relief Schemes3/23/2012

One promoted "mass joinder" lawsuits against lenders

About Those $1 Charges on Your Debit Card Account3/14/2012

Some are normal, but some are signs of trouble

Debt Collector Will Garnish State Tax Return2/23/2012

However, consumers can usually appeal

Arrests Made In Mortgage Fraud Scheme1/24/2012

Illinois attorney general files criminal fraud charges

Illinois Charges More Foreclosure Rescuers With Fraud12/20/2011

State has sued 50 foreclosure consultants so far

Feds Complete Action Against Hope Now Modifications11/16/2011

Mortgage modification scheme victimized troubled homeowners

Illinois Accuses Three Firms Of Mortgage Fraud10/19/2011

Crackdown on foreclosure rescue and debt settlement continues

Banks Awash in Cash, Which Isn't Good News10/10/2011

Investors flee stock market, park money in banks which have no use for it

Federal Court Closes Deceptive Mortgage 'Rescue' Program10/5/2011

Distressed consumers paid $1,495 but got no services

Consumers Have Alternatives to Big Banks10/3/2011

Don't like big banks' fees? Take your business somewhere else

Illinois Files Four Mortgage Fraud Lawsuits9/29/2011

Companies accused of trying to exploit loophole in law

Can't Pay Your Alimony? Don't Panic9/21/2011

The scenario is not unusual and there are solutions, but prompt action is needed

Nevada Goes to War Against Bank of America9/20/2011

Attorney General seeks to terminate earlier Countrywide settlement

Florida Foreclosure Rescuer Faces Suit In Indiana8/11/2011

State continues crackdown on advance fee schemes aimed at homeowners

Bank of America Subsidiary Sued For Illegal Foreclosure8/8/2011

Washington State says ReconTrust repeatedly violated the law

States Sue Foreclosure Rescue Firms8/2/2011

Illinois, Indiana take action on behalf of homeowners

Bank of America's 'PayPlan' Was Deceptive, Homeowners Charge6/28/2011

Automatic payment plan was supposed to save customers money

Foreclosure Backlog Will Take Decades to Clear Out6/19/2011

Banks' plodding pace isn't always bad news for consumers

GAO Finds Little to Support Congress' Abolition of ACORN6/15/2011

Grass-roots consumer organization was driven into bankruptcy by conservative critics

Bankruptcy Rates Higher Among Cancer Survivors6/7/2011

Insolvency rates highest along longest living survivors

Florida Mortgage 'Relief' Firms Reach $2.2 MillionSettlementwithFTC4/11/2011

Agency charged Kirkland Young LLC, Attorney Aid LLC with misrepresentation

Mortgage Modification, Foreclosure Rescue Firm Accused of Deceiving Homeowners3/7/2011

U.S. Mortgage Funding, Debt Remedy Partners, Lower My Debts.com charged

Federal Caps on Debit Card Fees May Backfire, Consumer Group Warns2/24/2011

Banks may increase the cost of checking accounts and other services, CFA cautions

Chase Making Refunds to Overcharged Military Personnel1/20/2011

But violations of law intended to protect active-duty military appear widespread

Finding Money from Pension Plans of Past Employers1/20/2011

That couple of hundred a month can really add up

Federal Reserve Sees Improvement In The Economy1/13/2011

But housing market remains a big problem

Top Financial Products for Young Adults1/10/2011

Focus on what you need when you’re just starting out

Gym Membership Contracts: Read The Fine Print1/5/2011

Consumers should know what they're signing before becoming members of a gym

High-Dividend Stocks May Offer the Best Value for Today's Investor12/16/2010

So here are four stocks with high dividends worth looking at for 2011

Indiana Files 34th Suit This Year Against Foreclosure Consultants12/13/2010

Schemes aimed at distressed homeowners are still numerous

There’s Turmoil in the Municipal Bond Market as Cities Struggle11/30/2010

Does this mean municipal bonds are no longer the "safe" investment they once were?

4 in 10 Americans Saving 0 for Retirement, Women Worrying More Than Men 10/18/2010

More than 80% admit they don’t know what it takes to save

Feds Order Suspension Of MetaBank iAdvance Loans10/18/2010

Office of Thrift Supervision calls product 'deceptive'

Debt Collectors Harassed Military Families, New York Charges9/29/2010

State files felony charges against firm, seeks restitution for families

Payday Loan Lawsuit Brings $18 Million Settlement Against Advance America9/22/2010

Lawsuits are part of a 'one-two punch' against unscrupulous lenders, officials say

How Often Should You Change Your Oil?9/13/2010

If you're driving a new car, changing every 3,000 miles could be wasteful

How Safe Are Online Financial Transactions?8/18/2010

Survey shows overwhelming majority of consumers worry about identity theft

Mortgage Relief Firms Pay Millions to Settle Charges7/26/2010

Marketers charged advanced fees, delivered nothing, FTC says

Obama Signs 'Strongest Consumer Financial Protections in History' Into Law7/21/2010

Measure protects consumers from hidden fees, investment scams, requires clear disclosure of terms

Consumers Warned About Amazon.com Scam7/19/2010

Email appears to be from online retailer, but isn't

Indiana Sues Foreclosure Rescue Firm7/1/2010

Part of a nationwide crackdown on schemes that prey on distressed homeowners

How To Cancel A Credit Card6/28/2010

Simply calling an 800 number isn't enough

FTC Blocks Mortgage 'Relief' Services6/17/2010

Repeat offender ordered to pay $11.4 million for contempt

FTC Broadens Case Against Mortgage Relief Scheme6/1/2010

Agency says 'forensic audits' were unlikely to help homeowners

Indiana Sues USA Mortgage Aid for Fraud5/12/2010

AG warns homeowners not to fall victim to false promises

Credit 'Repair,' Mortgage 'Relief' Firms Fined $7.5 Million4/22/2010

FTC accused companies of making false promises that they would improve credit scores

SEC Accuses Goldman Sachs of Fraud4/16/2010

Bank accused of misleading investors in subprime mortgages

Colorado Attorney General Sues Veracity Credit Consultants2/25/2010

Says company illegally charged upfront fees, made misleading claims

Top 10 Scams Of 200912/20/2009

Scam artists go upscale, adopt corporate image

Bipartisan Senate Bill Would Reinstate Glass-Steagall Act12/16/2009

Banks wouldn't be able to trade securities

Ohio Sues Credit Rating Agencies11/19/2009

Accused of 'spectacularly misleading' ratings

FTC Continues Crackdown On Mortgage Relief Service Scams9/18/2009

Scammers suggested government connections

Consumer Groups Back Obama Regulation Changes6/18/2009

Applaud creation of consumer protection agency

FTC Slams Fake Government Loan Rescue Operation5/18/2009

Company falsely claimed to be official Web site

Class Action Filed Against U.S. Fidelis4/10/2009

Fraud, high-pressure sales tactics alleged in auto warranty sales

FDIC Warns It's Running Out of Funds3/4/2009

Flurry of bank failures could burn through FDIC's reserves

Split Your Direct Deposit to Save More Money2/20/2009

Automatic saving can help build nest egg with no effort

When Should You Sell Exchange Traded Funds?8/27/2008

Even less volatile investments have a "sell by" date

California: Citibank Stole $14 Million from its Customers8/26/2008

Bank agrees to stop illegal 'sweeps,' make refunds

Some Blame Obscure Accounting Rule for Financial Crisis7/11/2008

Fate of Freddie Mac, Fannie Mae in doubt today

Did Wall Street Wreck The Economy?5/29/2008

Congress, regulators start to connect the dots

Fed Endorses Lending Protections12/18/2007

New rules include better disclosures, income verification

AARP Launches Annuity Program for its Members2/1/2007

Fixed Annuity Ensures Retirees Don't Outlive their Assets

Subprime Lender Implosion: Bad Omen For Housing Market1/3/2007

Lenders Collapsing Faster than Cheaply Built Houses

The Ads Say "It's Time to Talk to Chuck" But what if Chuck no longer works there?10/11/2006

But what if Chuck no longer works there?

Chase Warns of Online Survey Scam7/23/2006

It's seldom a good idea to take part in an online survey

The Mistakes Borrowers Make, and How to Avoid Them6/6/2006

A Mortgage Geek Tells All

Study Disputes Lenders' Excuses for Charging Blacks and Latinos Higher Rates6/2/2006

Illinois Launches Offensive Against Foreclosure "Rescuers"1/30/2006

"Rescuers" Steal Equity, Sell Homes, Leaving Victims Homeless

Ameriquest Settles Multi-State Probe1/23/2006

Ameriquest, the nation's largest sub-prime lender, has agreed to pay $325 million

Beware the Pitfalls of Creative Mortgages10/29/2005

Or, How I Might Lose My Home

Credit Cards Ensnare, Victimize Working Families, Report Finds10/12/2005

Bankruptcies rose from 616,000 in 1989 to over 1.8 million in 2004

Spitzer Charges Feds Conspiring to Shield Banks Against State Consumer Protection Laws6/17/2005

NY AG calls government's actions "unconscionable"

Predatory Lending Bill A Ruse, Consumer Groups Charge3/16/2005

Bill would preempt stronger state laws

Fast Cash Loans Charged with Illegal Practices9/29/2004

Payday lender Fast Cash Loans faces charges that it abused its customers in Washington State

Credit Counseling Scams On the Rise10/14/2003

But consumers must be cautious when choosing a credit counseling organization

CitiGroup Settles Predatory Lending Charges for $215 Million9/19/2002

Behind The Screen Door - Knowing the SCOREX

Like credit ratings, rental scores are numbers generated from analyzing a client's statistical data

Renting A House or Apartment - Your Rights as A Renter

Renting A House or Apartment