At a hearing in North Carolina Tuesday, intended to start the process of writing rules to govern the rapidly expanding industry, Consumer Financial Protection Board Director Richard Cordray warned about the high fees that catch many consumers by surprise.
It will now be more expensive for the city of San Jose to borrow money now that the city has seen its AAA credit rating downgraded twice by the major ratings agencies.
Taking the banks out of the equation, some consumers are turning to sites like LendingClub.com or Prosper.com to get the money they need from people they don’t even know.
The increasingly popular radio frequency identification (RFID) credit cards that allow consumers to pay by tapping may be making it easier for crooks to steal valuable information with their smartphones.
A Tri-Valley couple who turned to a popular debt settlement company based here in the Bay Area for help says they’re now worse off than when they started.
Lucky Supermarkets has issued a warning to consumers after someone tampered with credit and debit card readers at several Bay Area Stores.
The economy has been rough, but there are still people in the Bay Area that can brag about having a high credit score.
Bay Area homeowners are rushing to take advantage of mortgage rates that have hit another record low.
An interview with Consumer Action’s Joe Ridout on the many issues facing consumers these days, including credit, privacy issues and protecting yourself from scams.
A review of popular job websites like Monster.com, Careerbuilder.com, and Craigslist.org found hundreds of employers specifically seeking applicants who are “currently employed” or recently employed.