FINANCIAL NEWS » Current Rates, News & Information
Chase & Wells Fargo Checking Account Overdraft Policies Scrutinized
By Stacey Bumpus
Posted in
Banking
,
Checking Accounts
,
Financial News
Checking account overdraft protection policies are set to be examined by the U.S. Consumer Financial Protection Bureau (CFPB), director Richard Cordray
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One Upside to the Recession: Huge Decline in Credit Card Debt
By Stacey Bumpus
Posted in
Credit Card Debt
,
Debt
,
Financial News
U.S. credit card debt has dropped sharply around the country as consumers make a greater effort to spend cautiously and
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Deadline to Apply for 2011 Foreclosure Settlement Extended to July 31
By Stacey Bumpus
Posted in
Financial News
,
Foreclosure
,
Mortgage Rates
A 2011 foreclosure settlement that could help millions of homeowners throughout the U.S. has reentered the spotlight as federal officials
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Experian, Equifax and TransUnion to Face Government Oversight
By Stacey Bumpus
Posted in
Credit
,
Credit Bureaus
,
Financial News
Major credit bureaus Experian, Equifax and TransUnion along with over one hundred debt collection agencies are set to face oversight
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Obama’s Payroll Tax Cut and Unemployment Benefits to be Extended
By Stacey Bumpus
Posted in
Financial News
,
Tax
An agreement to extend the payroll tax cut was reached on Wednesday with lawmakers still needing to add final touches
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Wells Fargo Customers Lose Rights in Binding Arbitration Terms
By Stacey Bumpus
Posted in
Banking
,
Financial News
A new Wells Fargo policy taking effect today is causing controversy among customers who have discovered their right to file suit
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Obama Proposes Income Tax Rate of 39.6 Percent for the Rich
By Stacey Bumpus
Posted in
Financial News
,
Tax
President Obama called for $1.4 trillion in fresh revenue from individuals earning at the top income scale in a White House
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Adoption Tax Credit Returns with Option for Refund
By Stacey Bumpus
Posted in
Financial News
,
Tax
The adoption tax credit has increased a bit since the 2010 tax year but comes with an even better surprise
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Household Income Rises 4 Percent at End of 2011
By Stacey Bumpus
Posted in
Economy
,
Financial News
Inflation-adjusted median U.S. household income jumped 4 percent at the end of 2011, according to a study released on Thursday by Sentier
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Bank of America & Wells Fargo Offering Short Sales Cash Incentives to Avoid Foreclosure Rise
By Stacey Bumpus
Posted in
Financial News
,
Foreclosure
,
Mortgage Rates
Encouraging homeowners to opt for short sales as an alternative to walking away from their mortgages is a new tactic banks, like Wells
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