After the fresh start in bankruptcy, most consumers want their credit repaired. With so many bankruptcies, it’s a feeding frenzy for scam artists who want to take your money to rebuild your credit. So be warned and be prepared!
Many believe they need help — either after bankruptcy or in lieu of filing bankruptcy [...]

A recent study suggests that critical interest rates may be artificially low because banks are fibbing about how high their rates might be.  In turn that interest rate is used in all kinds of financial transactions, including adjustable rate mortgages, to set the payments owed to lenders.
The Wall Street Journal has been reporting this year [...]

The Credit Cardholders’ Bill of Rights is pending in the House of Representatives now. But when subcommittee hearings were held recently, consumer privacy was apparently not high on the subcommittee’s agenda. That’s a sad commentary on how legislation gets marked-up these days.
On March 13, the Subcommittee heard testimony from learned academics like [...]

Did you notice your mailbox had slightly less junk mail lately? Fewer credit card offers with tighter terms? And the mail you get is a little scarier? Rates and fees going up, while credit lines are going down? Blame the credit crunch.
The Wall Street Journal reported today that credit offers by direct [...]

A Missouri payday lender’s use of boilerplate language to compel arbitration and to force consumers to waive their right to pursue class actions may be on shaky ground. If the trend continues, consumers may have more options to defend themselves if they think high rate lenders broke the rules.
The lender in this case, like [...]

You may soon have a separate credit score just for your medical bills. Eventually such a score might be used to determine whether you get treatment or not.
Fair Issac, the purveyor of the most-used FICO credit score, is part of a coalition developing a score based on a large database of hospital billing records. [...]

Christmas is behind us and the bills are coming. If the bills are longer than your paycheck’s reach, which ones get paid and which ones deferred? To protect your family, you might have to overcome instinct.
The lesson is this: Face your problems head on, but tackle the biggest threats first. Don’t allow a [...]