How Mark Boyle Lives on $0 a Year

Personal Finance

How Mark Boyle Lives on $0 a Year

How Mark Boyle Lives on $0 a Year

In these lean times, people want to reduce their spending. It’s easy to cut back on non-essentials like video games and restaurant meals, but once you eliminate discretionary spending you’re stuck with an essentials budget that’s hard to reduce. At least that’s what most of us think. Mark Boyle had different ideas. He’d been working… Read More

Facebook Changes Warrant Fed Probe, Privacy Experts Say

Personal Finance

Facebook Changes Warrant Fed Probe, Privacy Experts Say

Facebook Changes Warrant Fed Probe, Privacy Experts Say

A group of privacy and consumer organizations called on the Federal Trade Commission to investigate Facebook for recent changes that they say could endanger citizens’ privacy and violate federal privacy laws. In a letter from the Electronic Privacy Information Center and nine other groups, advocates warned that Facebook’s new policies threaten to share too much… Read More

Problems Persist on the BofA Website for a Fourth Day

Personal Finance

Problems Persist on the BofA Website for a Fourth Day

Problems Persist on the BofA Website for a Fourth Day

Bank of America’s homepage and other sections of its website went down again Tuesday morning, in a continuation of website problems that began last Friday and occurred intermittently throughout the weekend. When the homepage first went down, Bank of America posted a notice saying the page was “temporarily unavailable,” as we reported. Now that’s been… Read More

California Pulls Out of Mortgage Settlement Talks

Mortgages

California Pulls Out of Mortgage Settlement Talks

California Pulls Out of Mortgage Settlement Talks

Calling the national push to reform the mortgage servicing industry “inadequate,” California Attorney General Kamala Harris announced Friday that she is pulling out of the 50-state effort. The move could cause problems for the Obama administration and the nation’s largest banks, which had been pushing for a narrow investigation and a fast settlement regarding alleged… Read More

Illinois AG: Lawyers Running Foreclosure Relief Cons

Mortgages

Illinois AG: Lawyers Running Foreclosure Relief Cons

Illinois AG: Lawyers Running Foreclosure Relief Cons

Exploiting a loophole in federal law, scammers are using lawyers as front men to pose as legitimate foreclosure rescue companies, according to lawsuits filed last week by Lisa Madigan, attorney general of Illinois. Madigan sued four Chicago area companies and licensed attorneys, saying they stole thousands of dollars from Illinois residents while providing little or… Read More

Data Breach Hits 5 Million Soldiers, Family Members

Identity Theft

Data Breach Hits 5 Million Soldiers, Family Members

Data Breach Hits 5 Million Soldiers, Family Members

Nearly five million current and former soldiers and their family members had their data stolen from a military contractor in September, putting them at risk for identity theft. The lost information includes individuals’ names, Social Security numbers and medical information. The data was saved on computer tapes that were stolen from a car belonging to… Read More

Bankruptcy: A Last-Resort Option

Managing Debt

Bankruptcy: A Last-Resort Option

Bankruptcy: A Last-Resort Option

For most people, filing bankruptcy is a last-resort option, deployed when all other debt and finance management alternatives have not worked. Filing a bankruptcy is viewed as the beginning of a “fresh start” and it does, indeed, free you from paying all or part of your debt owed. However, it’s important to understand that your… Read More

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