Recent Posts in News Category
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 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 ...
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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" »