Fed Will Wait and See on Housing Recovery

Mortgages

Fed Will Wait and See on Housing Recovery

Fed Will Wait and See on Housing Recovery

Federal monetary regulators are currently meeting to determine whether to make any policy changes, and many financial experts believe that they will not make any more drastic alterations to the plans currently in place. The Federal Reserve Board recently announced a new round of bond buying under the QE3 plan, and as such, it made… Read More

Women More Likely to Take Out Payday Loans

Managing Debt

Women More Likely to Take Out Payday Loans

Women More Likely to Take Out Payday Loans

Bonnie faces a lot of problems. She is disabled and depressed, with a heart problem and high blood pressure. In the middle of it all, she’s getting hounded with calls about her payday loans. “I have some payday loans I can not pay. They are calling every day with threats, and they are calling my… Read More

Homeowners, Students Facing Similar Loan Headaches

Managing Debt

Homeowners, Students Facing Similar Loan Headaches

Homeowners, Students Facing Similar Loan Headaches

Many Credit.com readers know all about getting the runaround from their student loan servicers. One reader, William, is trying to find more information about income-based repayment. But everywhere he goes, someone seems to pass the buck. “It is hard to find answers to many of these questions,” William wrote in response to a Credit.com op/ed… Read More

CFPB Now Keeping Tabs on Credit Reports

Credit Score

CFPB Now Keeping Tabs on Credit Reports

CFPB Now Keeping Tabs on Credit Reports

In the past, the federal watchdog agency in charge of protecting consumers’ finances and credit has taken responsibility for handling complaints about a number of different types of loans, but has once again expanded its purview. In addition to all the other types of issues over which it accepts complaints, the Consumer Financial Protection Bureau… Read More

Debt Collectors Getting New Federal Oversight

Managing Debt

Debt Collectors Getting New Federal Oversight

Debt Collectors Getting New Federal Oversight

The federal agency in charge of helping consumers to protect their finances and credit recently issued its final regulations for how it will oversee the debt collection industry, which will take effect early next year. The federal Consumer Financial Protection Bureau’s final rules for debt collections agencies will take effect on Jan. 2, when it… Read More

How Do Your Money Problems Affect Your Kids?

Managing Debt

How Do Your Money Problems Affect Your Kids?

How Do Your Money Problems Affect Your Kids?

Today, the average college student graduates with tens of thousands of dollars in debt spread across a few different types of credit, including education loans, credit card balances and auto financing. But new data shows that in many cases, their parents’ financial behavior may shape their own. Currently, about two-thirds of college students have at… Read More

5 Ways to Stop Robocalls Now

Personal Finance

5 Ways to Stop Robocalls Now

5 Ways to Stop Robocalls Now

Would you like to know how to stop robocalls; those annoying automated phone calls that interrupt you at home or work with a recorded message? So would some 17,000 consumers who live in Indiana who took the time to file a complaint with the state. And so would the Federal Trade Commission, which is offering… Read More

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