A comprehensive study of consumer credit reports by the Federal Trade Commission found that the accuracy of consumers’ credit files is better than some surveys had indicated, but worse than the industry has claimed.
Sales of consoles in the U.S. dropped 21% in 2012 to just over $4 billion, and figures from the manufacturers of the three top systems were lackluster over the crucial holiday season
Who knew tax preparation could get so controversial? As tax season kicks into gear, archrivals H&R Block and Intuit, maker of TurboTax software, are squabbling like reality show housewives.
Increasingly, banks want people to use digital means of conducting their banking business. But when things go awry, huge infrastructures can grind to a standstill, and customers become collateral damage.
The amount of student loan debt and the rate of delinquency have been climbing for years now. If it seems like every new statistic is worse than the last, that’s because it is. Credit bureau TransUnion says more than half of student loan accounts are in deferral status, and FICO Labs found that a rising number of those debtors aren’t …
In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher premiums, even if their driving is better than that of their rich neighbors.
Plenty of so-called conventional wisdom isn’t really wisdom, especially when it comes to travel spending.
A year ago, JCPenney promised an end to “fake prices” and the usual retailer mind games played to make customers think they’re getting a deal. Now that the ambitious attempt to wean customers off endless discounting and markdowns …
When an appeals court ruled that President Obama’s recess appointments of members of the National Labor Relations Board was unconstitutional, it also threw into doubt the validity of the recess appointment last January of Richard Cordray, director of the Consumer Financial Protection Bureau. There was already a clash shaping up over …
Starting on Sunday, Jan. 27, retailers will be allowed to tack a surcharge of up to 4% onto your tab if you want to pay with a credit card. If that sounds like a lot, you’re right. Happily, though, it’s unlikely to happen very often.
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When we talk about Americans barely into adulthood who are saddled with debilitating levels of debt, the conversation is almost always about student loan debt. But there’s a growing body of evidence suggesting that today’s young adults are also drowning in credit-card debt — and that many of them will take this debt to their graves.
