Bumper Crop of Lawsuits Hit Creditors, Collections Firms

Managing Debt

Bumper Crop of Lawsuits Hit Creditors, Collections Firms

Bumper Crop of Lawsuits Hit Creditors, Collections Firms

Consumers filed 570 federal lawsuits against debt collectors and creditors in just the last two weeks of March, the highest number so far this year, according to a tally by PaymentsSource.com. It was the most lawsuits filed in a two-week period all year. The vast majority of the suits, 562, alleged violations of the federal… Read More

Study: Consumers Lax On Protecting Against Medical ID Theft

Identity Theft

Study: Consumers Lax On Protecting Against Medical ID Theft

Study: Consumers Lax On Protecting Against Medical ID Theft

How prevalent is medical identity theft? Why are Americans so indifferent toward it (at their peril)? And what can consumers do to protect themselves from medical identity theft? A recent national study claims to answer these questions. The National Study on Medical Identity Theft by the Poneman Institute, a California based think tank, concludes that… Read More

Good News for Homebuyers and Renters

Mortgages

Good News for Homebuyers and Renters

Good News for Homebuyers and Renters

Finally we have some good news about the housing market. Big increases in the number of new mortgages and new home construction may signal that the housing rebound has finally begun. The number of new mortgages for commercial and multifamily properties grew 44% last year, according to a new report by the Mortgage Bankers Association…. Read More

Federal Agencies Push for More Mortgage Modifications

Mortgages

Federal Agencies Push for More Mortgage Modifications

Federal Agencies Push for More Mortgage Modifications

Fannie Mae, Freddie Mac and the federal regulators that control them recently released new guidelines for the nation’s 14 largest home loan issuers, which were designed to encourage lenders to grant more home loan modifications, according to a report from the Wall Street Journal. In particular, the rules would require that lenders approach troubled borrowers… Read More

Visa Accord May Increase Ubiquity for Mobile Payment Startup

Credit Cards

Visa Accord May Increase Ubiquity for Mobile Payment Startup

Visa Accord May Increase Ubiquity for Mobile Payment Startup

Square, the tech startup founded by a former Twitter executive, recently received a small investment from Visa – worth just a few million dollars – that will likely lend it significant cachet as it looks to expand its presence in the mobile payment market, according to a report from the Los Angeles Times. The deal… Read More

New York Yankees Accidentally Leak 20,000 Season Ticket Holders’ Data

Identity Theft

New York Yankees Accidentally Leak 20,000 Season Ticket Holders’ Data

New York Yankees Accidentally Leak 20,000 Season Ticket Holders’ Data

The New York Yankees accidentally released a file containing the personal account information on more than 20,000 season ticket holders after an employee mistakenly emailed an internal file to a list of about 2,000 of the Yankees executive clients. According to a report from the sports news site Deadspin, the names, addresses, email information and… Read More

Americans Still Nervous About Economy

Personal Finance

Americans Still Nervous About Economy

Americans Still Nervous About Economy

Despite some recent good news about the economy, including improved savings rates and some stabilization of the housing markets, Americans are still pessimistic about their futures, according to a new study by Country Financial Security Index. “Though people are still uncertain about the economy, they are still able to put aside some savings for short-term… Read More

Financial News Roundup: Court Ruling Affects Disputes, Initial Unemployment Filings Increase

Personal Finance

Financial News Roundup: Court Ruling Affects Disputes, Initial Unemployment Filings Increase

Financial News Roundup: Court Ruling Affects Disputes, Initial Unemployment Filings Increase

Today’s headlines feature statistics on first-time unemployment claims, as well as new data showing the effects of the economic downturn on retirement funds. Also, find out four reasons why credit cards may avoid extinction. First-time Unemployment Claims Rise CNN Money Initial unemployment claims increased last week, climbing 25,000 to 429,000, compared with totals from the… Read More

Follow Friday: Weekly Web Roundup (4/28/11)

Personal Finance

Follow Friday: Weekly Web Roundup (4/28/11)

Follow Friday: Weekly Web Roundup (4/28/11)

It’s our most sensational roundup yet! This week we bring you stories with shocking statistics, crazy crimes and magical purchases. As always, if you enjoy any of our favorites, we encourage you to follow them on Twitter for regular updates. And don’t forget to follow Credit.com at @CreditExperts. Belief in Magical Change Fuels Credit Card… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Start Maximizing Your Credit Today

Credit ScoreGet a FREE personalized credit check-up today.

Get Started - It's Free!