| Dec 2, 2013
| 9:00 PM
Students who get the runaround from companies handling their college loans soon may get help from the federal government.
The Consumer Financial Protection Bureau said it will begin regulating the nation's largest student-loan servicing firms, which...
| Nov 19, 2013
| 4:23 PM
If you've got a beef with one of the big 3 credit bureaus (Experian, Equifax and TransUnion) and you're wondering whether it's worth your while to file a complaint, a study released Tuesday offers some guidance. The U.S. Public Interest......
| Dec 9, 2013
| 8:07 PM
Some of the biggest names in the tech world joined forces Monday to tell Uncle Sam that enough's enough: Quit spying on their customers.
AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter and Yahoo said in an open letter to President Obama...
| Dec 16, 2013
| 12:30 PM
Here's a familiar marketing pitch consumers may encounter this holiday shopping season: "Zero percent interest for 12 months."
Sounds appealing, but consumer experts recommend tiptoeing carefully around this financing option.
These buy-now, pay-later...
| Dec 17, 2013
| 1:05 PM
One fascinating aspect of a federal regulator's lawsuit this week against online lender CashCall for making allegedly illegal collections from borrowers is the identity of CashCall's defense lawyer.
He's Neil Barofsky, the former federal prosecutor...
| Nov 21, 2013
| 6:44 PM
When Exal Iraheta found out he had defaulted on a $17,105 student loan, his first reaction was dread.
"I immediately was like, what am I supposed to do?" he said. "You feel like you're sinking. Instantly."
Though Iraheta works full-time as a media...
| Nov 20, 2013
| 9:23 PM
The worst thing you can do if you get a call from a debt collector is to panic. Stand tough even if they call you a deadbeat, threaten to throw you in jail or tell you they'll rat you out......
| Dec 19, 2013
| 4:39 PM
Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans.
Announced Thursday, the deal settles a federal complaint...
| Nov 5, 2013
| 9:00 PM
WASHINGTON — The federal government's consumer financial watchdog plans to crack down on the nation's 4,500 debt collectors with new regulations to ensure that collectors are going after the right people for the right amounts and aren't badgering...
| Sep 19, 2013
| 4:23 PM
I'd been following from afar the debate over employers paying workers their wages on "payroll" cards instead of giving them checks or depositing the money in their bank accounts. The issue blew up earlier this year when a lawsuit was......
| Jul 15, 2013
| 7:07 PM
Thomas E. Perez, the Marylander nominated by President Barack Obama to lead the U.S. Department of Labor, is set to face a critical vote in the Senate this week that puts his confirmation in the middle of a blistering battle over the use of the...