Equifax and Trans Union were smacked by federal regulators on the first business day of the year, as the credit bureau giants will pay millions to settle allegations they deceptively sold and advertised free credit reports and credit score products. The Consumer Financial Protection Bureau says the two giant credit bureaus [Keep reading]
Interest rates are going up, and the time to prepare yourself and your money is now. The Federal Reserve raised interest rates on December 14 for only the second time in a decade. You probably saw some headlines about mortgage rates or credit card costs and then went back [Keep reading]
This might be the first time a golf ball has caused a denial of service attack on a major website. And…just in time for Christmas! It’s a story that could only happen in 21st Century America. Costco golf ball fans crushed the warehouse store’s website on Wednesday, rushing to fill [Keep reading]
With the election of Donald Trump as president, the future of Obamacare is uncertain. But whatever changes come to the way Americans pay for health care, one thing seems certain: A growing number will pay with their own money using pre-tax dollars through health savings accounts or flexible spending accounts. [Keep reading]
Like many people, Joshua Browder is fond of saying that the legal system only works for the rich, and parking tickets hurt the poor. But unlike many others, he’s doing something about it. He’s providing free legal “advice” through a chat bot named DoNotPay – and says he’s helped drivers [Keep reading]
The seemingly endless election season is over, and now the real work begins: What will a Donald Trump presidency mean for your money? The folks at Grow asked me to have a story on this natural topic ready for early this morning — well, inside baseball, I had two stories [Keep reading]
Kristin Kalning called Wells Fargo bank with a simple issue last week — she wanted to change the mailing address on a small, decades-old IRA account. Instead, she was peppered with what she felt were overly aggressive questions about her personal financial situation, and told she couldn’t do anything with [Keep reading]
Many Americans still find themselves visiting a bank branch at least once in a while — to deposit a large check, for example. When big bucks are involved, dealing with a human being can be a nice security blanket. But that may be about to change. Banks are closing local branches at [Keep reading]
Navy Federal Credit Union threatened to contact soliders’ commanding officers and cut off access to ATMs as part of a pattern of illegal debt collection practices, federal regulators said Tuesday. The credit union, which is the nation’s largest, grants membership only to current and former U.S. military servicemembers, civilians working [Keep reading]
Comcast has agreed to pay the largest civil penalty the FCC has ever assessed a cable operator to settle charges it billed consumers for equipment and services they never ordered. You might recall a series of stories I wrote nearly two years ago about “drive-by” modem upgrades that Comcast was [Keep reading]
Bob Sullivan