Seems Congress is hearing from consumers who are outraged that their credit card has not only raised their interest rates but their minimum payment on balance due is skyrocketing as well.   When Congress passed the Credit Card Holders Bill of...

This week brings news that the National Consumer Law Center and Public Justice's Mandatory Arbitration Abuse Prevention Project helped win a major victory for consumers. In Komarova v. National Credit Acceptance, Inc., the California Court of Appeal held -- as...

In a win for consumers one company has agreed to a $1.375 million settlement involving  deceptive online sales practices. The suit was brought about by the Arizona AG's office after they received numerous consumer complaints against the company, Central Coast...

Senate bill S. 582,  dubbed The Interest Rate Reduction Act, was proposed and introduced to the Senate by Senator Bernie Sanders of Vermont. A companion bill, H.R. 1640 was also introduced in the House by Maurice Hinchey of New York....

It seems hundreds of tweets have gone out with the message "omg!! is it true what they wrote about you in their twit blog?" and linking to a the site twittersblogs.com. If  individuals click on the link, it will take...

 At the end of 2008, Consumers Union embarked on a special project to record the video stories of individuals experiencing a crisis as a result of the mortgage meltdown. These are the personal stories of several individuals whose experiences reflect...

We've all been taught that history repeats itself. If we don't learn from the mistakes of the past they will continue to occur, right? Then can someone please tell me why it is business as usual in the financial services...

Cornell informed more than 45,000 current and former members of the University community that their names and social security numbers had been exposed when a University-owned laptop was stolen earlier this month.The laptop that contained unencrypted names and Social Security...

AFFIL,  is one of several advocacy groups presenting testimony at a House Financial Services Committee hearing today at 10 am. Watch the hearing live or read all witness testimony by visiting the House Financial Services Committee site here.The hearing titled,...

In a press release today, TransUnion and FDCPA Case Listing Service announced a partnership that will allow TU to help debt collectors and creditors figure out which consumers have previously been involved in Fair Debt Collection Practices Act lawsuits. This...