Is ITT Tech Headed For A Collapse? School Required To Set Aside Funds Just In...
Trouble continues to mount for ITT Educational Services. The for-profit college operator behind the ITT Technical Institute chain, which is already under investigation by federal and state agencies for...
View ArticleBanks Trying To Attract Customers With Products To Reduce, Repay Student Loans
With student loan debt in the U.S. now well beyond $1 trillion, everyone seems eager to get into the debt-reduction business. Some cities will pay down your debt if you move there, while a growing...
View ArticleWells Fargo Employee: I Tried Talking Friends & Family Into Opening Accounts...
Yet another former Wells Fargo employee has come forward to talk about the high-pressure atmosphere created by the bank, where she says there were only two types of employees: those who sold customers...
View ArticleNew Prepaid Debit Card Rules Add Protections, Improve Transparency; Take...
Two years after the Consumer Financial Protection Bureau first proposed rules aimed at making prepaid cards safer and less costly for the 24 million unbanked consumers who make use of these sometimes...
View ArticleCostco Credit Card Switch Came With Unexpected Side Effect: Lost Insurance
When Costco announced it was ditching its exclusive co-branded American Express card in favor of a Citibank-issued Visa card, customers worried about the various ways this switch could affect their...
View ArticleTostitos ‘Party Safe’ Bags Will Detect If You’ve Been Drinking; Help You Call...
On Super Bowl Sunday, many of us will enjoy an adult beverage. Some of us may overindulge to the point where it’s unsafe to drive home. Now there are tortilla chips that can both detect if you’ve been...
View ArticleFeds Order MasterCard, RushCard Owner To Pay $13M Over Oct. 2015 Outages
Nearly 15 months after tens of thousands of users of the prepaid RushCard were cut off from their funds because of an apparent technical glitch, the company behind the card, UniRush and its payment...
View ArticleKohl’s Appears To Break Own Policy By Not Refunding $1,500 Credit Card...
When you overpay your credit card, should you be able to get a refund? One Arizona family accidentally paid their Kohl’s credit card bill twice, but the retailer refused to refund their $1,500, even...
View ArticleExperian Fined $3M, Accused Of Misleading Consumers About Usefulness Of...
Two months after federal regulators fined two of the nation’s largest credit reporting agencies — Equifax and TransUnion — $23 million for misleading consumers about the cost and usefulness of credit...
View ArticleSurprise Charges: Feds Advise Retailers To Make “No Interest” Store Credit...
Three years ago, the Consumer Financial Protection Bureau warned consumers that some credit card companies weren’t clearly disclosing the risks of promotions, including deferred-interest offers that...
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