Are Store Credit Cards Risky?
Have you ever been in line at a department store and been made a very attractive credit card offer? Many stores offer a large...
Can the Poor Build Savings and Credit?
From the desk of Lead San Francisco attorney Alison Cordova: The New York Times recently published an article titled "How...
More Credit Card Debt than Savings? You Are Not Alone
According to a new survey by Bankrate.com, the number of American consumers who can afford to pay off their credit cards continues...
Have Consumers Been Hurt Long-Term?
Sadly. As a result of the Great Recession, the average American household has lost between $50,000 to $120,000 in earnings...
The Latest Health Epidemic: Unpaid Medical Bills
Inability to pay medical bills is a major burden on the American population. A report by the National Center for Health...
Credit Card Use Spikes in December!
According to a recent report by the Federal Reserve, Americans continue to finance more of what they buy with credit. Outstanding...
Is Your Bank One of the Ten Worst Banks?
The Consumer Financial Protection Bureau (CFPB) released a list of the top ten most complained about banks. Here are the 10 worst...
Credit Bureaus Do What??
Marketwatch.com recently ran an article titled "10 things credit bureaus won't say". It highlighted 10 things credit bureaus do...
Shocking Facts about Debt Collection
The Consumer Financial Protection Bureau (CFPB) issued a request for public comment on debt collection strategies. Their request...
Business Cards with No Personal Guaranties?
Which business credit cards do not make you sign a personal guarantee? The answer is simple. None of them. It is nearly...
US Wants $2.1B from Bank of America
The Justice Department is seeking $2.1 billion in fines from Bank of America related to mortgage fraud related perpetuated by...
Military Personnel Under Attack From … Lenders!
The Consumer Financial Protection Bureau (CFPB) is looking into payday loan lenders at the federal level. This is a new event as...