Yea!!! Warren Buffett has offered $1 billion for the sports fan equivalent of getting hit by lightning, an asteroid, and a Robinson Cano home run at the same time. But whoops: Everyone who falls for his trick is going to get pestered to take out a new loan until the [Keep reading]
UPDATED — Twitter users took to the service late Monday evening to say that they’d been told hackers had attempted to access their accounts, and that Twitter was forcing them to update their passwords. At 1 a.m. ET, Twitter told me that reset notices were sent by accident. “We unintentionally [Keep reading]
Here comes an 18-year-old suing her parents to compel them to pay for her college education and other living expenses. The details are in this story from the Daily Record in New Jersey. The teen is living with another family, which is paying her legal expenses ($13,000 so far). [Keep reading]
This is sure to raise alarm with consumers. First American Bank in Illinois issued a warning to consumers on Friday, telling them to stop swiping their credit cards in Chicago taxis. The banks says in a notice on its Website that a system which processes back-seat plastic card transaction for [Keep reading]
Over-limit fees. Retroactive interest rate hikes. Floating due dates and missing bills. Not long ago, millions of credit card users found themselves in a constant arm-wrestling match with credit card issuers, fighting off surprise fees and booby-trapped agreements. But times have changed. Complaints about late fees now make up only [Keep reading]
Hands-free cell phone driving laws are widely ignored, almost entirely unenforceable, and illogical. Now they are also archaic, a California court has ruled. A California driver given a summons for using his phone with his hands while driving beat the ticket by saying he was using his phone’s map application, [Keep reading]
Very proud to be quoted in a Reuters story today about changes in frequent flier programs. Even prouder (more proud?) that I’m quoted using the word “stinks.” As in: “Many middle-class Americans travel like crazy for work right now, taking red-eyes across the country – or the Atlantic – so [Keep reading]
In honor of yesterday’s news that the Feds are calling for free credit scores for everyone, and in recognition that it’s probably a bit of a pipe dream, I’ve arranged with my pals at Credit.com to give you a tool that will guesstimate your credit score for free. It’s very [Keep reading]
A high-ranking government official is urging banks to give consumers a free, regular peek at their credit score, a step that could revolutionize the relationship that Americans have with their credit. It’s time that happened. Today, many consumers confuse credit reports and credit scores, and are equally confused about what [Keep reading]
A private, for profit college chain expected most of its students wouldn’t finish their degrees, and nearly two-thirds would default on loans, allowing the school to keep millions in federal tuition aid while charging students 16 percent interest, a federal watchdog alleged Thursday. “(It’s) like financing your college education on [Keep reading]
Bob Sullivan