| Apr 22, 2014
| 11:32 AM
A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.
The federal consumer agency said that borrowers complain...
| Feb 26, 2014
| 11:29 AM
[Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.]
In its first action against a company in the for-profit college industry, the federal Consumer...
| Mar 11, 2014
| 3:37 PM
Fairwinds Credit Union's online banking turned into an on-again, off-again system for more than a month recently, frustrating customers for hours at a time as they tried to access their accounts and conduct transactions.
"Down again? What is going on...
| Mar 17, 2014
| 7:43 PM
California victims of alleged foreclosure abuses will get $268 million in relief from a $2.1-billion national settlement with Ocwen Financial Corp., the nation's largest non-bank provider of mortgage customer service.
Ocwen broke state law by improperly...
| Apr 23, 2014
| 8:55 AM
Elizabeth Warren's ninth book is a campaign biography with a twist.
Warren, who emerged as a national figure during the early days of the financial crisis, rapidly became a star of the Democratic Party's liberal-populist wing. Her 2012 Senate campaign...
| May 2, 2014
| 1:14 PM
College is a significant investment and how to pay for it can be a major source of concern for parents and students. However, there are ways to reduce the amount of debt you take on when preparing for higher education.
Outstanding student loan debt...
| May 5, 2014
| 8:30 AM
It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank.
In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
| Apr 8, 2014
| 7:40 PM
Consumers won access to their credit scores more than a decade ago, after advocates voiced concerns over errors and lending bias.
But most people remain in the dark about hundreds of other data-collection programs still being used to size up consumers...
| Mar 7, 2014
| 10:09 AM
About one of every 10 complaints filed with the Consumer Financial Protection Bureau has been about credit reporting. The majority of the complaints deal with the accuracy and completeness of the data. Last week, the agency warned companies that provide.....
| Mar 24, 2014
| 9:00 PM
WASHINGTON — Four out of five people who take out a short-term payday loan either roll it over or take out another one within two weeks, pushing them into a cycle of debt, according to a report to be released Tuesday by the Consumer Financial...
| Mar 31, 2014
| 5:47 PM
When the company Maggie Argent hired to make her mother's headstone didn't do the work, she turned to the forum that gives aggrieved customers an outlet — in the court of public opinion, if nothing else: the Internet.
Argent's online complaint...