Fifteen former Corinthian Colleges students are angry. The group alleges they were taken advantage of and targeted by the for-profit college system. They’re not the first to complain about the institution, but what makes these students different is that they’re refusing to pay back their federal student loans. They’re called the Corinthian 15 and they’re going on strike. “If you owe… Read More

It can often seem like your monthly income flows right back out. If you feel like your money is gone before you even have a chance to choose where it goes, you may need to get a handle on your finances. Regular monthly expenses can fill  your budget easily, leaving less money to spend now… Read More

You probably already know it’s a good idea to review your credit reports and your credit scores. But what happens when you get a copy of your credit report and you aren’t sure what to make of it? In a recent survey by Credit.com, 27% of consumers who said they had reviewed their credit reports were… Read More

At some point in your decision to go to college or get an advanced degree, you may need to ask yourself an extremely important question: How much money do I need to borrow? The key word there is “need.” If you’re lucky (or plan extremely well), the answer is “none,” and you can enjoy getting an… Read More

The home equity line of credit (HELOC) had been around for many years before it became a hugely popular financial product in the early 2000s. When the financial crisis happened in 2008, drastically lower home valuations put a stop to the HELOC boom, and today we see far fewer being issued by lending institutions. However,… Read More

Americans sometimes find it difficult to relate to members of Congress, particularly from a financial standpoint. That’s understandable: Lawmakers are, on average, significantly wealthier than the average American, and about half of Congress (50.8%) is made up of millionaires. But there’s another thing above average about legislators’ finances, which might actually resonate with their constituents:… Read More

A reader, Bruno, reached out to tell us about a situation in which a balky ticket-buying experience left him believing that his purchase hadn’t gone through, and so he bought more tickets — and now he has too many. Here’s what he told us: I recently purchased two sets of concert tickets accidentally, for $1,000… Read More

Outstanding credit card debt increased by $29.2 billion from November to December 2014, reflecting the typical spending frenzy that comes during the holiday season (for comparison, it jumped only $8.2 billion from October to November, according to Federal Reserve data). Of course, a surge in credit card debt is something that can last long after the… Read More

It’s common knowledge you can save money by paying off loans and other debts quickly or ahead of schedule. You can also save money by making monthly payments as planned, if you put in a little extra effort and do the math. The trick? You can change your repayment period to an extended plan (for… Read More

A massive telemarketing robocalling campaign called millions of consumers every day with sales pitches for cruises disguised as political surveys, the Federal Trade Commission said Wednesday. The total number of calls involved in the campaign was “over a billion,” an agency spokesman said. The FTC and 10 state attorneys general allege that a network of… Read More