Everyone in the tech/security world knew this was coming, we just hoped we were wrong. Hackers are now holding hospitals hostage around the country. During the past several weeks, smaller hospitals have been subject to ransomware attacks by hackers and virus writers. Ransomware attacks have been around for a long [Keep reading]
We warned you about student debt “relief” companies three years ago. Since then, I’ve heard plenty of stories from scared students desperate for help who were steered the wrong way…on expensive detours that didn’t actually help reduce their debt burdens. Now, federal regulators are taking notice. The Consumer Financial Protection [Keep reading]
America’s new love affair with auto leasing offers some unexpected good news to drivers looking for used car bargains. A coming glut of end-of-lease cars will dump millions of used cars on the market in the next year or two, almost certainly lowering prices on relatively low-mileage, late-model cars with [Keep reading]
(If you are here just to see the Big List of affordable and unaffordable cities to start a family, scroll to the bottom). “Requiem for the Stater Home” was one of the most important stories I’ve written as part of The Restless Project, I believe. In it, I explain that [Keep reading]
The folks at Acorns / Grow recently asked me to write a piece on rookie investing mistakes, which I’m proud of. You can read it here. The seven I shared with them include not investing enough, not risking enough, trying to time the market, and ignoring fees. If you are [Keep reading]
There is much discussion about the inability of young people to buy homes — let alone move out of their parents’ homes — and how the lack of first-time buyers is hurting the entire housing market. Plenty of charts and data, including stories we’ve run on Credit.com, show how unaffordable [Keep reading]
We know that Americans are concerned about their cars being hacked. We also know that some consumers believe criminals are “hacking” into their parked cars and committing “snatch and grab” crimes using devices that simulate newfangled keyless entry systems. It’s quite scary to see the lengths people would go through. [Keep reading]
Old Betsy’s reign in the American driveway may be over. After all, why would you name a leased car? Americans are no longer looking for a long-term relationship with their cars. Auto leasing is in the midst of a historic rise, setting all-time records quarter after quarter, and now makes [Keep reading]
Why can't you use those chip cards? Well, it's a billion-dollar question. Read more:… Posted by Bob M Sullivan on Tuesday, April 5, 2016 What are you supposed to do when you pull out plastic to buy something at a store these days? You’ve probably noticed that plenty of stores have [Keep reading]
Credit cards are getting smarter — finally. Last year, Discover launched its nifty “Freeze It” feature, which acts like a temporary on/off switch for account holders who think-they-have-but-maybe-haven’t lost their card. Now, Visa is announcing a whole set of similar app-activated “switches” that give consumers even more granular fraud-fighting and [Keep reading]
Bob Sullivan