Blog Posts in 2012
Posted on Mar 7, 2012 By By Don Lee, Los Angeles Times
As many as 1 in 4 borrowers was carrying a past-due student loan balance in the third quarter, a much higher delinquency rate than previously thought, according to the Federal Reserve Bank of New ...
Continue reading "Report on college loan delinquency rate raises alarms" »
Posted on Feb 21, 2012 By Herb Weisbaum
Over the past year, a lot of banks ditched their debit card rewards programs while continuing to push their cash-back credit cards. All cards are not created equal, but there are resources out their ...
Continue reading "Which cash-back credit cards are best for you?" »
Posted on Feb 7, 2012 By Ben Hallman Ben Hallman ben.hallman@huffingtonpost.comr
The new Consumer Financial Protection Bureau has received about 12,000 complaints over the past six months from consumers who had problems with their credit cards and mortgages, according to the ...
Continue reading "Consumer Financial Protection Bureau Complaints Tallied For 2011" »
Posted on Jan 19, 2012 By By Steve Sink, Rochester Democrat and Chronicle
Kodak files for Chapter 11 bankruptcy ROCHESTER, N.Y. – Eastman Kodak Co. , running short of cash and unable to sell 1,100 digital imaging parents that could have rescued it, filed Thursday for ...
Continue reading "Kodak files for Chapter 11 Bankruptcy" »
Posted on Jan 17, 2012 By TERRY SAVAGE tsavage@suntimes.com
Here they come — the post-holiday credit card bills. They’re a potent reminder of the cost of the holiday season. In just the one week before Christmas, it’s estimated that Americans ...
Continue reading "Tackle holiday debt now, before you find you can't keep up" »
Posted on Jan 16, 2012 By Maggie Shader (consumerreports.com)
Banks will continue to experiment with fee increases in the New Year, according to our own analysis and industry experts, as they attempt to make up billions in lost revenue due to the bad economy and ...
Continue reading "You can expect more bank fees in 2012!" »
Posted on Jan 5, 2012 By Rich Williams Higher Education Advocate, U.S. PIRG (Huff Post)
President Obama took a bold and important step this week, standing up for student consumers by making a recess appointment of former Ohio Attorney General Richard Cordray to head the new Consumer ...
Continue reading "Obama's New Consumer Finance Chief Can Lower Student Debt" »
Posted on Jan 5, 2012 By Lynn Oldshue (
The holiday presents have been unwrapped and most of us received at least one gift card. Now is the time to shop with these cards while they are still fresh in our hands. The National Retail ...
Continue reading "Gift Cards: Use Them Before You Lose Them!" »