| 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...
| Mar 30, 2014
| 5:00 AM
WASHINGTON — Can you be charged interest on your mortgage even after you've fully paid it off? Can the meter keep running when you owe the bank nothing — your principal balance is zero?
Surprise! Much to the chagrin of large numbers of...
| Mar 3, 2014
| 3:00 AM
The proverbial "revolving door" in Washington politics is nothing new. Everyone knows it happens. Everyone hates it. And yet it continues unchecked. What is new, however, is that the interconnected web of private sector and bureaucratic personnel has...
| Apr 23, 2014
| 10:42 AM
The Consumer Financial Protection Bureau is looking for lenders and technology providers to test whether electronic closings of mortgage loans would simplify a process that is overwhelming and frustrating consumers.
In research conducted during the...
| Dec 24, 2013
| 8:54 AM
Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday.
American Express Travel...
| Sep 27, 2013
| 12:30 PM
Here's a trick question: What do we owe more money on -- credit cards, auto loans or student debt?
Ping! Time's up. If you answered student debt, congratulations. You're up to date on what some economists are calling the next big financial crisis. Or...
| Sep 5, 2013
| 1:20 PM
Home prices and mortgage rates aren't the only costs on the rise when it comes to buying a house these days. Expect higher closings costs as well, according to a new study by Bankrate.com.
The average closing cost, which includes origination plus third-...