| Jul 8, 2013
| 4:47 PM
The business world is fond of presenting consumers with Catch-22s. Richard Leza received a real beauty from a debt collector.
"They basically told me I had to prove something that doesn't even exist," he said.
Here's the crux of the problem: Is it the...
| May 31, 2013
| 8:21 PM
WASHINGTON — A settlement between the federal Consumer Financial Protection Bureau and a Texas home builder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home...
| May 23, 2013
| 9:16 AM
A book can’t rescue the American middle class. But a lot of politicians who say they want to rescue the American middle class are writing books about their travails and their vision — all timed to come out as the 2016 presidential election...
| May 17, 2013
| 8:20 PM
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
| Apr 29, 2013
| 6:10 PM
A growing number of Indian tribes are getting into the payday loan business, saying they just want to raise revenue for their reservations while helping cash-strapped consumers nationwide.
But federal officials suspect that, at least in some cases,...
| Apr 26, 2013
| 3:32 PM
High-cost borrowing through payday loans, pawn shops, auto title loans and others is no longer on the margins of U.S. consumer behavior — about 1 in 4 Americans have tapped this kind of financing, new research shows.
A new study by the National...
| Jul 23, 2012
| 9:33 PM
The Obama administration on Tuesday released a version of a financial aid award letter that it said will allow students to better compare college costs before deciding where to enroll. The so-called “shopping sheet” is a one-page, standardized...
| Mar 21, 2012
Billionaire political patrons filled the coffers of the presidential "super PACs" last month, spotlighting once again the enormous influence a tiny cadre of wealthy donors is having on the 2012 race.
The biggest donations came from casino magnate Sheldon...
| Oct 11, 2012
| 6:18 PM
Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the...
| Oct 30, 2012
The envelope looked official enough. "Confidential materials enclosed," it said on the outside. "Unauthorized use strictly prohibited."
Evelyn Potter, 81, could feel something the size of a credit card within. Opening the envelope, she found a plastic...
| May 6, 2012
Anyone who has ever fought with a lender over a lost or misapplied house payment should be heartened by the latest news from the new federal mortgage industry watchdog.
The Consumer Financial Protection Bureau plans to propose a straightforward...