Personal Finance News - 'irs' Tag

All of the effort President Obama has put into financial reforms: the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Credit CARD Act of 2009, could be in danger if Mitt Romney is elected the new President.

Reports show that even the best credit card companies can falter in the eyes of regulators.

During the month of February, the number of credit cards that offered a 0% balance transfer fee fell to 2.95% from 3.25%.

If you have a number of miles about to expire, then do not rush out and spend them on stuff you may not need, why don’t you donate them to charity instead?

Credit Card issuing giants American Express are now offering credit cards that a customer must pay in full every month in addition to ones that allow the borrower to have a balance at the end of each month for which …

Mobile payments industry has been focusing their attention on smart phones with near field communications technology.

The identity theft has been increasing in this tax season which is why the IRS and Justice Department have joined hands to crack down on the fraudsters who are trying to get cash on the stolen information.

A group of 25 bipartisan United States representatives have asked the Consumer Financial Protection Bureau to revisit rulings which prevent stay at home spouses from being able to open their own credit card accounts.

In just 3 months, the brand new financial watchdog CFPB (Consumer Financial Protection Bureau) has fielded over 5,000 complaints from consumers with regards to credit cards.

The recent Metlife Study of Elder Financial Abuse revealed that senior citizens are increasingly falling victim to financial abuse, and around 34 percent of these crimes are being committed by family and friends.

The majority of consumers have probably told a little white lie at some point in their lives to get something they want or maybe to avoid an undesirable situation.

Big name banks across the country are being forced to create living wills, also known as resolution plans, which will provide federal regulators with instructions on how to dismantle them in the event of the bank falling into bankruptcy and …

A recent report aired on a Fox affiliate channel covered a list of the six purchases that are very unwise to charge to your credit card.

Wells Fargo customers noticed a new option on the screen in the past two weeks when visiting ATMs. In the first 10 days, more than $1 million was collected for the American Red Cross relief effort in Japan from the …

Identity theft is one of the most publicized 21st century crimes and the majority of consumers know how to protect themselves, but a shocking new study by Carnegie Mellon University suggests that 10% of children’s identities have also been stolen …