Are Wages Finally Going Up?
Not really, no. While consumer spending and credit increased steadily at the end of 2013, wages and salaries showed no growth....
Build Savings and Credit
From the desk of lead San Francisco attorney Alison Cordova: The New York Times recently published an article titled "How...
Are Auto Loan Delinquencies Moving Higher?
It appears so. According to Experian, after several quarters of consecutive year-over-year declines, delinquency rates ticked up...
Are You a Credit Card Addict?
For some people, a credit card is simply a backup mechanism for emergency spending. For others, a credit card is used instead of...
Are Wealth Levels Going South?
The recession was difficult for everyone, but it is clear it hurt some more than others. For households headed by young adults --...
What Are the Top Debt Collector Complaints?
According to the U.S. Public Interest Research Group, the Consumer Financial Protection Bureau has received over 11,000 complaints...
Do Payday Borrowers Pay More in Interest than They Borrowed?
According to a study by the Consumer Financial Protection Bureau, more than 60% of payday loan borrowers take out at least seven...
Debt Collectors Are the Worst!
This recent article by consumerist.com...
Do Debt Collectors Target Our Military Men and Women?
A new government report says that debt collectors are targeting military members with abusive practices. The report documents debt...
Are Families Paying Their Mortgages Over Their Credit Cards Again?
Yes. As housing recovers, a growing number of borrowers paying their mortgages again. This reverses a trend first seen in...
Almost Half of USA Clueless about Spouse’s Credit
Credit reporting agency TransUnion has released a study showing 44.8% of Americans have no idea what is going on in the spouse's...
Are Creditors Looking at Your Social Media?
Apparently. Information shared on social media is now being used more and more by financial institutions to build a credit...