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Debt

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

11/29/2012

House of Representatives Minority Leader Nancy Pelosi. (D-San Francisco). (Stan Honda/AFP/GettyImages)

Pelosi Says ‘No Time To Waste’ On National Debt

Democratic Leader Nancy Pelosi said there is “No time to waste” in reaching an agreement to reduce national debt.

11/27/2012

A collection notice with Alameda County District Attorney letterhead. (CBS)

Bay Area DA’s Offices Outsource To Collect Big From Bad Check Writers

Bouncing a check has never been a good thing to do, and in a strange twist of irony where people are writing few and fewer of them—the penalty for writing a bad one might be harsher than it was before.

11/12/2012

Mitt Romney (Photo by Steve Pope/Getty Images)

Opinion: With Economics Intertwined With Foreign Affairs Romney Will Win The Final Presidential Debate

Romney’s ideas – if presented fresh and enthusiastically hopeful for America’s future – can be the final bump he needs to win this election.

10/22/2012

Visa credit cards

ConsumerWatch: Credit Counseling Firm Refunds Up-Front Fee

An Arizona-based debt reduction firm that charged a Bay Area couple an up-front fee of nearly $1,300 for its services has refunded the money, after a CBS 5 ConsumerWatch volunteer contacted the business.

07/18/2012

(CBS)

Debt Dispute Leads To Stabbing In SF Pacific Heights

A man was stabbed in San Francisco’s Pacific Heights neighborhood late Wednesday night after confronting another man over a debt owed to him, police said Thursday.

05/31/2012

(CBS)

ConsumerWatch: Old Credit Debt Surprises Consumer

Unpaid debts can come back to haunt consumers, even if they think that the statute of limitations has passed.

03/27/2012

Apple Unveils Updated iPad In San Francisco

Apple Set To Decide Fate Of $100B Cash Reserve

Apple will hold a conference call Monday morning to discuss its nearly $100 billion cash balance, the company announced Sunday afternoon.

03/18/2012

(CBS)

ConsumerWatch: Peer-To-Peer Loans Offer Alternative To Banks

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.

03/13/2012

(CBS)

ConsumerWatch: Couple Gets Little Help From Debt Settlement Company

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.

11/29/2011

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