| 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 28, 2014
| 12:59 PM
For students heading to college this fall, signing up for the debit card that's promoted on campus may seem like the obvious choice, but consumer advocates say it's best to shop around.
In a recent post on its website, the Consumer Financial Protection...
| Aug 18, 2014
| 5:05 AM
In her bid for a West Virginia Senate seat, Democrat Natalie Tennant is steering clear of President Obama, worried that his tough environmental policies and unpopularity in coal country might hurt her chances in November.
But at a recent fundraiser in...
| Aug 12, 2014
Write this down and tape it to your grandparents' telephone:
The Internal Revenue Service does not contact people by phone to demand payment for unpaid taxes or threaten them with arrest or deportation if they do not send money immediately.
| 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 12, 2014
| 2:49 PM
The Discovery Channel's annual "Shark Week," airing through Saturday, teaches viewers all about great whites and hammerheads—but that's not the kind of shark that activists plan to protest in Springfield on Wednesday.
"[Payday lenders] feel they...
| Jan 22, 2014
| 10:30 AM
Big changes are sweeping through the mortgage market this year. The new rules, created by the Consumer Financial Protection Bureau (CFPB) as mandated under the Dodd-Frank Act, ban some of the lending practices that contributed to the housing boom and...
| Dec 30, 2013
| 2:30 AM
The end of the year is a time to review the year that just was. If, like me, you write about the financial services industry, this means you tend to find yourself drinking heavily and/or upping your blood-pressure medication as you total the year's supply...
| 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...
| Dec 26, 2013
| 3:15 PM
Federal regulators are taking a closer look at those restrictive contract provisions that force consumers to arbitrate disputes — barring them from suing a company individually or joining a class-action lawsuit.
And it doesn't look as if officials...