The good news is that the number of credit card issuers who spike cardholders’ APRs if they miss a payment has fallen pretty significantly in only a year. But (there’s always a “but”) the flip side of that development is that …
President Obama is reportedly planning to name Richard Cordray as director of the Consumer Financial Protection Bureau in a recess appointment today, which means the drawn-out Congressional standoff over Cordray’s nomination to head the watchdog agency may be drawing to a close.
They called it the “$39 cup of coffee.” At many banks, customers were automatically — often unwittingly — enrolled in overdraft programs that would permit debit purchases to go through even if it would overdraw their account, to the tune of up to $35 a pop. But a year and a half after new Federal Reserve rules kicked in to protect …
We’ve started 2012 on a troubling financial note: credit card interest rates are hovering near record highs.
Updated: 6:45 p.m., Dec. 30.
Why should banks have all the fun? We can only imagine that’s what Verizon Wireless executives asked themselves before deciding to hit customers with a $2 fee — for paying their bill via a one-time …
So you’re going to lose 15 pounds, organize your closets and stop biting your fingernails. Great — now how are you going to improve your personal finances in 2012? Having a budget for your personal or household expenses is a great place to start, but New Year’s resolutions are about improving on the good habits you’ve already …
This year was a tumultuous one for banking: Occupy Wall Street protests around the country focused Americans’ anger against the financial industry, while widespread outrage over banks’ attempts to charge fees for debit card use …
Wendy’s is on pace to replace Burger King as the No. 2 hamburger chain in the U.S., and it owes much of its success to new, more upscale menu offerings like thicker, rounder burgers, fries with sea salt and salad with asiago cheese. But that’s nothing compared to what the company is doing in Japan. It’s pulling out all the stops with a …
As many as 80,000 customers who used a credit or debit card to buy a Subway sandwich may have had their account information stolen by a ring of Eastern European crooks who tampered with the payment terminals in 150 different …
After one anonymous woman in western Michigan generously paid for a stranger’s layaway purchases, reports of copycat good Samaritans have popped up around the country. But one would-be do-gooder in Houston was thwarted when she went to not one, but two local Walmarts with a request to donate $300 toward other people’s holiday gifts.
It’s time for New Year’s resolutions: Along with promises to yourself about cutting out the reality TV and hitting the gym more often, there are also some financial goals you should set for 2012. Specifically, there are some …
It’s been nearly three decades since Wendy’s started asking America “Where’s the beef?” As it turns out, the question it should have been asking all along was, “What shape is the beef?” The longstanding third-place hamburger …
