The idea that giving a tax credit to first-time home buyers would enable significant numbers of families to enter the housing market, stimulating a faltering real estate market, was probably a pipe dream from the outset.  In practice, very few people families would receive enough cash through the credit to make buying a home feasible.  [...]

Jay Fleischman, an expert at making credit card banks behave themselves, recently posted an article describing another win for the consumer.  In How Long Does A Creditor Have To Sue On A Debt? Jay describes how the foreign law provisions of the credit card agreement were enforced against Captital One Bank.
It seems that the credit [...]

Cash rebates on consumer credit transactions ought to be a red warning flag marking hidden terms, but instead it acts more like a red cape to a charging bull, enticing the unwary consumer to plunge into financial peril and be skewered.
Rebate transactions rank in the top ten consumer complaints.  In a straight cash transaction, a rebate [...]

Many credit card banks, in addition to insurance companies, are aggressively selling Identity Theft Insurance policies. These programs feature excessive premiums in return for little more than what is required by law.
One major national bank also charges the customer for the credit monitoring the bank does to protect its own interests. This bank [...]

Many of us have airline sponsored credit cards we use to buy things.  Why not?  We earn airline miles and don’t have to buy anything more than we would have bought with cash, debit card or check.  All we need to do is pay the balance in full on the credit card each month.  If [...]