If you have a debit card you may get a letter in the mail telling you that you are no longer protected from overdrafts unless you tell the bank that you want to sign up …

In 2009, “Identity Theft” accounted for 21% of all complaints filed with the Federal Trade Commission.  Number two was “Third Party and Creditor Debt Collection” which totaled 9% of all complaints (119,549).  “Credit card” complaints …

Rules take effect on Feb 22nd, 2010.  Read your mail!

The single biggest benefit of the much-touted new rules for credit cards — prohibiting credit card companies from raising interest rates on existing balances — has …

The Better Business Bureau reports that foreclosure prevention is another of the top ten scams of 2009

There are many companies making many claims about helping you prevent foreclosure on your home. No matter how good …

The Better Business Bureau makes this case and reports on the scams.

The scammers are especially clever at preying on people in trouble and they have come up with many ways to convince you they can …

Congress recently passed what one expert called a “Set of discrete new laws” to regulate the credit card industry (see our blog entry on Credit Card Rates Going Up for details, but as the …

The government has required the three major credit reporting agencies to give you a free copy of your credit report once a year, and you can sign up to get them at …

Foreclosure prevention help site.  Be careful.

I read in Wall Street Journal about a single form that one could use to apply for foreclosure prevention that was supposed to be available at a government site called …

We had an interesting email from a reader of this BLOG whose bank was making it necessary for them to ask for a higher interest rate.  This may seem impossible, but here’s how they did …

One of the more disgusting practices common in the mortgage market is the special incentives many lenders pay to mortgage brokers who convince you to take a mortgage at an interest rate higher than you …