There are many reasons a monthly student loan payment might increase — but from $200 to $1,400 in a single month? That seems like cruel and unusual punishment — but that’s exactly what one consumer told federal regulators happened because of a paperwork delay. (This story first appeared on Credit.com. Read it [Keep reading]
Here’s a prediction you need to heed: a large number of you will soon leave your credit cards behind at a retail store after making a purchase. Why? Because the biggest change in the way Americans spend money in decades is about to occur, and there will be hiccups. And [Keep reading]
“They called her a pig.” Every legend has its origin myth, and I was lucky enough to hear Ralph Nader’s myth on Saturday. It might as well be the origin myth for fairness in modern America. The setting was a speech at the opening of a museum in Northern Connecticut [Keep reading]
WASHINGTON — It’s been an amazing couple of days, running around trying to find the Pope. I got closer than I ever imagined I would. I hope you saw my Sophia Cruz story already. There were plenty of other images from the past 24 hours that I think are [Keep reading]
WASHINGTON D.C. — I often joke that God is a journalist. Or at least studied journalism at some point. Why? Because I can’t tell you how many times I’ve done nothing really special and an incredible moment just unfolded in front of me. Today might be the best of them, however. [Keep reading]
It’s a personal health information nightmare you probably think about every time you hand your health insurance card or prescription card to anyone. A CVS employee stole drug benefits information from consumers enrolled in California-based Molina Healthcare’s overt-the-counter benefits program with the idea of stealing OTC drugs, Molina has told consumers. In a letter [Keep reading]
Hate meetings? You might want to share this story with your boss or coworkers. For CNBC.com, I set out to understand the reason for what I’m calling “meeting inflation” in today’s workplace. It’s partly technology’s fault, partly society’s fault…you’ll see what I mean. But get used to it: as I [Keep reading]
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UPDATE, 9-20-15 — Volkswagen’s CEO has issued an apology over the incident. It’s vague: “I personally am deeply sorry that we have broken the trust of our customers and the public,” the statement issued by CEO Martin Winkerhorn says. “We at Volkswagen will do everything that must be done in order [Keep reading]
A nationwide firm that promised consumers legal help with debt relief has been temporarily shut down by federal authorities. The firm, which goes by the name World Law, took $67 million in illegal upfront fees from at least 21,000 people, the Consumer Financial Protection Bureau alleges, while misleading consumers with [Keep reading]
Bob Sullivan