Finance News

SEC suspends trading in two crypto-based securities9/10/2018

There’s a great deal of confusion around the nature of the financial products

Update to credit file law allows consumers to freeze their credit reporting9/7/2018

Credit watchers feel the new option is better than an alert, plus it covers the entire family

Experts explain Bitcoin's sudden drop9/7/2018

Bitcoin’s price plummeted more than 10 percent in one day earlier this week

Bitcoin's sudden drop leads to decline in other cryptocurrencies9/5/2018

There is currently no known cause for the drop-off

Middle class families depending more on government benefits9/5/2018

Congressional Budget Office report underscores a growing income gap

Non-citizens say that Bank of America is freezing their bank accounts without warning8/31/2018

People who had accounts with Bank of America for years say that the bank suddenly locked them out of their own accounts

Average cost of childcare almost as much as rent8/30/2018

Parents who rent are getting squeezed between the two costs

Research shows millennial spending not that extravagant8/27/2018

They spend more on education and less on food and entertainment

Consumer credit default rate holding steady8/27/2018

Credit card default rates are actually lower than in 2017

SEC rejects Bitcoin ETFs8/23/2018

The agency is concerned about fraud and the manipulation of Bitcoin markets

Fed minutes reveal concern about tariffs' impact on the economy8/23/2018

But policymakers say the economy is strong enough to keep raising rates

Federal Reserve reports consumers taking on more debt8/21/2018

Except for millennials, most are handling it well

Despite economic turmoil, gold prices remain low8/21/2018

The precious metal has fallen below $1,200 an ounce

Consumer credit scores rise as changes at credit reporting agencies take effect8/15/2018

An overhaul resulted in an average increase of 11 percent, a new study finds

FBI warns about potential ATM hacking scheme8/14/2018

By disabling fraud controls, hackers can withdraw large sums of money

Cryptocurrency market loses 10 percent of its value in 24 hours8/14/2018

Bitcoin continues its slide, falling below $6,000

SEC issues warning about self-directed IRA fraud8/13/2018

Included is a special cautions about the promise of cryptocurrency investments

How a great credit score saves you money8/10/2018

Consumers with the best credit get the best interest rates

Bitcoin price falls after SEC delays crucial decision on cryptocurrency ETF8/8/2018

The SEC says it needs more time to consider whether to approve a rule change

Bitcoin’s rollercoaster ride takes it below $7,000 again8/6/2018

Despite efforts to legitimize cryptocurrency, the market’s wait-and-see approach appears far from over

Major companies and stock market giants are getting into the Bitcoin market8/3/2018

Microsoft and Starbucks are joining others to try to make Bitcoin a global currency

Cardless transactions now available at ‘nearly all’ Chase ATMs8/2/2018

Instead of pulling out a physical card, Chase customers can open their mobile wallet and tap their smartphone

Home service alarm systems a major source of 2017 consumer complaints8/2/2018

An annual survey shows automobile transactions are still the biggest source of gripes

One-third of consumers say they live paycheck-to-paycheck7/27/2018

A survey finds many consumers delay a home purchase because of it

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

Bill would make credit freeze provisions free for consumers impacted by Equifax breach​3/16/2018

But some consumer advocates say the bill may do more harm than good

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

Equifax finds 2.4 million additional consumers exposed in 2017 breach3/1/2018

The total number of consumers affected by the breach is getting close to 150 million

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

J.D. Power: great time to be a credit card customer8/17/2017

Firm finds increased competition resulting in more perks

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