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Clarke Looks To Introduce Student Debt Forgiveness Bill

Over the last few months, the topic of student debt has been hotly debated as lenders report an increase in not just loan balances, but also delinquencies in this category of lending.

Apr 23, 2012 / 0 Comments / Read More


Bankruptcy Filing Decreases In The First Quarter

There has been significant improvement in the overall economy across the whole country of late and according to experts this has resulted in fewer consumers having to seek out protection from aggressive creditors by filing for bankruptcy.

Apr 16, 2012 / 0 Comments / Read More


FTC Chairman Addresses Consumer Privacy Standards

Chairman of the Federal Trade Commission (FTC), Jon Leibowitz called his agency’s new privacy framework a “decisive moment for consumer privacy” when addressing Congress earlier this month.

Apr 11, 2012 / 0 Comments / Read More


Is It Safe To Pay Cab Fares With Your Credit Cards?

A sticker was recently spotted in the window of a taxi cab in Dallas, Texas, stating that a person’s identity may be stolen if they use their credit card to pay for their ride.

Mar 19, 2012 / 0 Comments / Read More


AMEX Challenges Enforcement Proceedings Over Late Fees

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 …

Mar 6, 2012 / 0 Comments / Read More


Utility Bill Problems and Solutions

When I started living in Florida, I laughed at the temperatures of its winter but when I received my first winter electricity bill, it was quite a shock for me that it costs tremendously to keep the house nice and …

Feb 23, 2012 / 0 Comments / Read More


MasterCard Shares Reach All Time High

This past week saw MasterCard shares reach an all time high as the company posted a solid third quarter report which blew all estimates out of the water.

Nov 7, 2011 / 0 Comments / Read More


First Lawsuit Against CFPB To Go Ahead

A federal judge has ruled that one of the first lawsuits filed against the new Consumer Financial Protection Bureau can move forward.

Oct 7, 2011 / 0 Comments / Read More


Debit Card Fees For Small Transactions Are Being Increased

Major payment processing networks MasterCard and Visa have announced their intention to levy the highest allowable debit card fees on merchants for smaller debit card purchases.

Oct 6, 2011 / 0 Comments / Read More


Curb Junk Mail To Reduce The Threat Of Identity Theft

The latest statistics show that around 75 percent of our daily mail is made up of junk mail. This often includes credit card solicitations, advertising and other junk mail we have no interest in and end up discarding unread.

Sep 22, 2011 / 0 Comments / Read More


Student Loan Default Rates On The Rise

According to a report released by the U.S. Department of Education, the number of individuals who are defaulting on student loans has increased this year.

Sep 20, 2011 / 0 Comments / Read More


FTC Introduce New Rulings Regarding Collecting Debts

The Federal Trade Commission has issued some new guidelines, effective 29 August 2011, which are intended to standardize how debt collection agency behave when trying to claim debts from relatives of the recently deceased.

Sep 13, 2011 / 0 Comments / Read More


Agreements Between Credit Card Issuers And Colleges Decline

According to a Federal Report issued last Thursday, credit card companies are still aggressively pushing credit cards to college students and alumni despite new transparency and regulation.

Jul 25, 2011 / 0 Comments / Read More


Some Merchants Turning Away From Card Payments

Some businesses are no longer accepting credit cards as a method of payment in an attempt to reduce the amount of money they spend on processing card payments.

Jul 13, 2011 / 0 Comments / Read More


Banks Resist Regulations To Make “Living Wills”

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 …

Jul 11, 2011 / 0 Comments / Read More




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