| Aug 12, 2014
| 7:33 AM
The Consumer Financial Protection Bureau, that whipping boy of big-business conservatives everywhere, demonstrated its value to the average consumer this week by explaining the pitfalls of bitcoins and other such "virtual currencies."
The key takeaway,...
| Aug 14, 2014
| 3:00 AM
If you had a complaint about your credit card last year, about billing or fraud, for instance, you were more likely to live in Maryland than North Dakota.
Mid-Atlantic residents had the most credit card complaints per capita, with Maryland ranked...
| Aug 13, 2014
| 6:15 PM
After months of financial uncertainty and battles with regulators, Corinthian Colleges Inc. told investors Wednesday about the prospect of a criminal investigation by federal prosecutors.
The beleaguered Orange County for-profit college company said...
| Aug 17, 2014
| 5:00 AM
A new federal court suit alleging kickback violations by one of the country's top-producing real estate sales teams raises an unsettling question for home buyers: Could your agent or broker be pocketing under the table large chunks of what you pay for...
| Aug 16, 2014
A new federal court suit alleging kickback violations by one of the country's top-producing real estate sales teams raises an unsettling question for homebuyers: Could your agent or broker be pocketing under the table large chunks of what you pay for...
| Aug 8, 2014
| 1:13 PM
America’s most widely used credit-scoring system is being revised to reduce the negative effect of overdue medical bills and to quit penalizing consumers who pay off debts that had been assigned to collection agencies.
The changes to the hugely...
| Aug 8, 2014
| 6:17 PM
The nation's dominant credit-scoring system is being revised in a way that could save consumers nationwide billions of dollars, especially in qualifying for mortgages, auto loans and credit cards at lower interest rates.
The changes to FICO criteria are...
| Aug 1, 2014
| 5:08 PM
An Irvine mortgage company that pulled the plug on its higher-risk loans a year before the Great Recession has launched an array of rule-bending home loans nationwide — a sign of a thaw in tightfisted lending standards in place since the housing...
| Aug 31, 2014
| 3:26 PM
TORRINGTON — U.S. Sen. Elizabeth Warren is not — I repeat, not — running for president.
The Democrat from Massachusetts has said over and over that she will not be a candidate in 2016. She even recently had her attorney send a letter...
| Aug 26, 2014
| 4:30 PM
Consumers paid an estimated $32 billion in overdraft fees on their debit accounts in 2013. But did you know that most of that revenue comes from customers who give the bank explicit permission to charge them?
The Consumer Financial Protection Bureau...
| Jun 23, 2014
| 4:45 PM
A South Dakota-based payday lender and its California partner are to pay about $2 million under the terms of a settlement designed to address "abusive" lending and collection activities, the Department of Labor, Licensing and Regulation said Monday....