Bob Sullivan Gravatar

Bob Sullivan

Contributor |  In Personal Finance, Identity Theft

Bob Sullivan is author of the New York Times best-sellers Gotcha Capitalism and Stop Getting Ripped Off. His stories have appeared in The New York Times, the Wall Street Journal, and hundreds of other publications. He has appeared as a consumer advocate and technology expert numerous times on NBC’s TODAY show, NBC Nightly News, CNBC, NPR’s Marketplace, Terry Gross’ Fresh Air, and various other radio and TV outlets. He helped start MSNBC.com and wrote there for nearly 20 years, most of it penning the consumer advocacy column The Red Tape Chronicles. See more at www.bobsullivan.net. Follow Bob Sullivan on Facebook or Twitter.

Why This Could Be a Great Year to Buy a Used Car

Auto Loans

Why This Could Be a Great Year to Buy a Used Car

Why This Could Be a Great Year to Buy a Used Car

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 most modern amenities. Leasing exploded... Read More

The 10 Hottest Markets for Young Homebuyers

Mortgages

The 10 Hottest Markets for Young Homebuyers

The 10 Hottest Markets for Young Homebuyers

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 many big U.S. cities can... Read More

Car Leasing Is All the Rage. Is It a Good Deal?

Auto Loans

Car Leasing Is All the Rage. Is It a Good Deal?

Car Leasing Is All the Rage. Is It a Good Deal?

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 up nearly one-third of the new... Read More

Attention Online Loan Shoppers, There’s Now a Place to Take Your Gripes

Personal Loans

Attention Online Loan Shoppers, There’s Now a Place to Take Your Gripes

Attention Online Loan Shoppers, There’s Now a Place to Take Your Gripes

Consumers with complaints about firms offering person-to-person loans can now register their displeasure with the Consumer Financial Protection Bureau, the federal regulator announced this week. The watchdog also published a consumer bulletin with general information about the “P2P” lending industry, also known as “marketplace lending.” “When consumers shop for a loan online we want them to... Read More

The App Your Kids Are Using to Pay People Back: Venmo

Personal Finance

The App Your Kids Are Using to Pay People Back: Venmo

The App Your Kids Are Using to Pay People Back: Venmo

What’s your favorite way to quickly settle a debt you owe with a friend, family member or roommate? If you said cash or “catch you next time,” you’re old — maybe even over 30. Otherwise, you probably said “Venmo.” This mobile e-cash tool for young people wunderkind brings with it potential security and privacy issues,... Read More

Is There Trouble Brewing in the Car Loan Market?

Auto Loans

Is There Trouble Brewing in the Car Loan Market?

Is There Trouble Brewing in the Car Loan Market?

The U.S. auto industry, which keep setting sales records, is a real bright spot in the otherwise murky U.S. economy. But there are increasing worries that it’s been supercharged by risky loans to consumers with poor credit. New data released this week shows that growth in sales, and the size of loans, show no signs... Read More

Cable Costs Are Up 4 Times More Than Inflation

Personal Finance

Cable Costs Are Up 4 Times More Than Inflation

Cable Costs Are Up 4 Times More Than Inflation

Cable TV prices are high, and rising faster than most other prices. But you knew that. What you probably didn’t know is that the average cable bill would only be $35 per month, as opposed to $99.10 per month, had pay TV prices tracked with inflation during the past two decades, according to website CutCableToday.com.... Read More

Show Me More by Bob Sullivan

Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.