California Suing JPMorgan Over Debt Collection Practices

Managing Debt

California Suing JPMorgan Over Debt Collection Practices

California Suing JPMorgan Over Debt Collection Practices

State and federal regulatory bodies have been cracking down on unfair or even deceptive lending practices from financial institutions for some time now, and the state of California recently became the latest to level charges against a credit card issuer. California Attorney General Kamala Harris recently announced that the state filed a suit against JPMorgan Chase alleging… Read More

Is Liquid Now the Best Prepaid Card?

Credit Cards

Is Liquid Now the Best Prepaid Card?

Is Liquid Now the Best Prepaid Card?

Chase’s prepaid debit card Liquid, unveiled back in May, is now available in the bank’s branches nationwide. The move is likely to put some pressure on existing prepaid providers since, in many respects, Liquid is the best of its breed.  Here’s why. Prepaid providers have long maintained their payment method is cheaper than traditional banking accounts… Read More

Bankruptcy Law Forces Consumers Into Foreclosure

Managing Debt

Bankruptcy Law Forces Consumers Into Foreclosure

Bankruptcy Law Forces Consumers Into Foreclosure

After a $25-million lobbying campaign in 2005 by Bank of America, Citigroup, JP Morgan & Chase and Washington Mutual, Congress passed a law forcing people to continue paying their credit card debt even after they file for bankruptcy.

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