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87% of teens report their parents are their main source of financial education, while more than 56% of married couples
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December 7, 2014   |   Category: Money and Credit   |   Author: Bureau of Consumer Protection
A Summary of Your Rights Under the Fair Credit Reporting Act The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about check writing histories, medical records, and rental history records). Here is a summary of your major rights under the FCRA. - You must be told if information in your file has been used against you. Anyone who uses a credit report or another type of consumer report to deny your application for credit, insurance, or employment – or to take another adverse action against you – must tell you, and must give you the name, address, and phone...
November 12, 2014   |   Category: Debt Management   |   Author: Federal Trade Commission
Companies have left people’s sensitive personal and financial information in all the wrong places — in dumpsters, on car seats, and even in employees’ backpacks. Now, the FTC has sued two debt sellers for posting spreadsheets with the sensitive information of more than 70,000 people on a public website, making it — along with information about a debt they...
October 6, 2014   |   Category: Mortgage Brokering   |   Author: Consumer Financial Protection Bureau
If you can’t pay your mortgage, call your servicer right away. Your servicer may be willing to help you if you have missed a payment or are about to miss a payment. However, the further you fall behind in your payments, the harder it will be for you to work out an agreement with your servicer to help you stay...
September 3, 2014   |   Category: Money and Credit   |   Author: Thomson Reuters
Source - Money News Customer data could have been stolen from nearly all of Home Depot Inc.'s stores in the United States, according to new information released on Wednesday by security website KrebsonSecurity. Brian Krebs, who runs the website, had said on Tuesday that the problem could affect all of Home Depot's 2,200 stores in the United States....

Latest News

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It can start with a visit to a secluded island off Colombia, like the sojourn that more than half of Stanford's incoming MBAs spent last August. Or a weekslong trek...
January 16, 2015
Deflation is like a black hole, sucking seemingly everything into itself. Switzerland succumbed to the vortex on Jan. 15 when the central bank gave up trying to keep its currency...
December 5, 2014
November saw the most substantial pace of hiring in nearly three years as businesses added 321,000 jobs to their payrolls last month. That’s the most robust monthly number since January...
November 7, 2014
Sixteen months after Detroit filed for bankruptcy, the city’s plan to shed the weight of its debts was approved in a hearing on Friday. The carefully negotiated agreement erases $7...
October 3, 2014
If there’s one story that’s been beaten to death by the media in search of feel-good news from what’s been a pretty tepid economic recovery, it’s that of the supposed...
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