The attorney general of Minnesota, Lori Swanson, along with many consumer advocates, are accusing Discover Bank of engaging in deceptive business practices to enroll credit card consumers for its payment protection program and other...
The Public Utility Commission just approved a rule that would allow electricity providers to prevent a consumer from switching companies if they fail to pay their bill. The new rule will only apply to...
The U.S. Department of the Treasury has announced that it will launch a new pilot program that will give unbanked and underbanked Americans access to safe, low-cost financial accounts. "Far too often, unbanked and...
Bank of America and Citibank have announced that they will stop automatically enrolling its checking account customers into costly debit card and ATM overdrafts. The move comes as the Federal Reserve begins to roll...
The Federal Reserve has approved the final set of rules for the Credit Card Accountability Responsibility and Disclosure Act (CARD) of 2009. The new rules, which will limit credit card companies' ability to charge...
The CARD Act stipulates that credit card companies cannot give a credit card to youth 18 to 21 years old unless they have a co-signer or sufficient income to pay for any debts they...
Real Housewives of New Jersey' star Teresa Giudice and her husband Joe have filed for bankruptcy. The couple who live a lavish lifestyle on their Bravo network reality show, are in reality up to...
