Tune in to this week’s installment of Credit Line Radio, hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday, May 7, at 9 a.m. PST/Noon EST. The show is co-hosted by L.A. radio personality Jeff Levy. Hi-Tech Ways to Boost Your Credit There are a number of mobile… Read More
Today’s top news headlines feature advice about the importance of reading 111-page checking account disclosure agreements and reasons the number of millionaires in the U.S. is expected to rise. Plus, find out which special factors prompted an increase in unemployment claims. Checking Account Disclosure Agreements Top 111 Pages The New York Times New data reveals… Read More
There are some great mobile apps and phone-friendly websites sites that help us better manage our money and credit, many of which I’ve written about for Credit.com. But I’m not convinced a new mobile service intended to help borrowers manage their student loans is really going to help stem the growing rate of student loan… Read More
In finance, trust isn’t a virtue. This week’s stories come with a cautionary tale reminding us to watch our backs when handling our finances. Credit cards, checking accounts and loans are often essential, but sometimes deceptive and punitive. As always, if you enjoy any of our favorites, we encourage you to follow them on Twitter… Read More
If you’re having trouble keeping up with your mortgage, you may have heard of “mass joinder” class action lawsuits that some firms are promoting as a way to save your home–or even own it free and clear without paying off your mortgage.
A few days ago I was on a Delta flight heading back to Atlanta from New York City. The flight attendants had just served the snacks. I opted for the biscotti-like cookies because I simply can’t say no to those things. So I’m relaxed, eating cookies and reading my Kindle when I hear this announcement: “We’ll be… Read More
Plans for Isis, the proposed payment network from the mobile phone service juggernauts AT&T, T-Mobile and Verizon Wireless, will no longer include the development of a way to process transactions, according to a report from the Wall Street Journal. In particular, the companies have had difficulties keeping up technologically when it comes to a standard… Read More
Most of us trade money for time, convenience, or skill. If you don’t know how to change the oil on your car, you will have to pay a mechanic to do so for you every 3,000-5,000 miles.
A new rule protecting certain federal benefits from garnishment became effective May 1, 2011. The regulation, titled, Garnishment of Accounts Containing Federal Benefit Payments, is important because it will help protect the elderly and disabled, among others, who receive federal benefits from having that money taken from their checking or savings accounts by creditors. What… Read More
The United States and the city of Los Angeles filed two different lawsuits against a German Bank this week. The federal lawsuit accuses Deutsche Bank of mortgage fraud. Meanwhile, the city alleges that “Deutsche Bank has become one of the largest slumlords in the City of Los Angeles.” In the federal lawsuit, U.S. Attorney for… Read More