Frank Defends Embattled Financial Reform Law

Personal Finance

Frank Defends Embattled Financial Reform Law

Frank Defends Embattled Financial Reform Law

One-half of the Dodd-Frank financial reform law appeared at the National Press Club on Monday to defend the act’s far-reaching changes to the American financial system. Barney Frank, the bill’s co-sponsor-turned-beleaguered defender, blasted Congressional Republicans and banking industry leaders for trying to destroy rules he said will help everyone in the long run. And he… Read More

Financial News Roundup: Homeowners Associations Battle Retirees, Recession Costs Americans Thousands

Mortgages

Financial News Roundup: Homeowners Associations Battle Retirees, Recession Costs Americans Thousands

Financial News Roundup: Homeowners Associations Battle Retirees, Recession Costs Americans Thousands

Today’s top news headlines feature advice on how to fight health insurance claims denials and reasons homeowners associations are foreclosing on seniors in retirement communities. Plus, find out how much the recession cost the average American. Americans Lose Thousands In Recession The Huffington Post A recent paper published by San Francisco Federal Reserve economist Kevin… Read More

Survey: ID Theft Isn’t Just About Credit Cards

Identity Theft

Survey: ID Theft Isn’t Just About Credit Cards

Survey: ID Theft Isn’t Just About Credit Cards

A stolen credit card is an obvious threat to a consumer’s identity, since a string of fraudulent purchases can swiftly undo someone’s good credit standing. But most identity-related fraud occurs outside the credit system, according to a recent survey by IdentityHawk, a company that sells identity protection services. The company found that 17% of American… Read More

Many Consumers Still Have Trouble Getting Best Rates

Mortgages

Many Consumers Still Have Trouble Getting Best Rates

Many Consumers Still Have Trouble Getting Best Rates

Interest rates for mortgages have hovered at or below 5 percent for several months now, but many consumers have not been able to take advantage of the low rates, according to a report from the Wall Street Journal. This is because many lenders, still stinging from the losses of the recession, have kept their elevated… Read More

Prilosec OTC Debit Card, We Hardly Knew Thee

Credit Cards

Prilosec OTC Debit Card, We Hardly Knew Thee

Prilosec OTC Debit Card, We Hardly Knew Thee

Call it another debit card that got away. We don’t know how we missed this, but Procter & Gamble was so gassed (oh, the puns!) about its heartburn medicine Prilosec OTC that it offered $25 prepaid debit cards to consumers who bought two big boxes of the stuff. The promotion ended in February. Perhaps the… Read More

More Mobile Payments May Trigger Less Savings

Personal Finance

More Mobile Payments May Trigger Less Savings

More Mobile Payments May Trigger Less Savings

Some worrisome news came out last week concerning the way we pay: a study from Juniper Research predicts more consumers will be using their phones to pay for goods and services. In fact, mobile payments are expected to nearly triple to $670 billion worldwide by 2015. That news coupled with the fact that the federal… Read More

Financial News Roundup: Government Dismisses Double-Dip Fears, New Money-Saving Methods

Personal Finance

Financial News Roundup: Government Dismisses Double-Dip Fears, New Money-Saving Methods

Financial News Roundup: Government Dismisses Double-Dip Fears, New Money-Saving Methods

Today’s top news headlines feature struggles faced by both Americans and businesses due to the unemployment market and reasons the government is rejecting claims of a double-dip recession. Plus, find out the most common ways Americans are saving money. Employment Market Affects Both Jobless And Businesses CNN Money Unemployed individuals and small companies continue to… Read More

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