Auto title loans are currently available in 8,000 stores across 25 states.

Report: Auto Title Loans Just As Bad, If Not Worse Than Payday Loans; Should Face Same Rules

Each year millions of consumers turn to high-interest, short-term loans to make ends meet. While you may be more familiar with payday lenders who charge triple-digit interest rates with the goal of trapping borrowers into taking out new loans to pay off the old ones, a new report finds that payday’s lesser-known relative, auto title loans, have equally destructive repercussions. [More]

(Bill Binns)

FTC Report Alleges Google Used Anti-Competitive Practices Prior To 2013

When conducting a search on Google, consumers have a reasonable expectation that results will show a variety of options related to their inquiry. But a recently disclosed report shows that wasn’t always the case. [More]

(Mike Mozart)

Gasoline Credit Cards Might Not Be Worth The Hassle, High Interest Rates

Saving a few bucks at the gas pump is always nice, but signing on for a gas station-branded credit card might not be the way go about it, according to a new report. [More]

(Adam Fagen)

CFPB Returned $19.4M To 92,000 Consumers In The Last Half Of 2014

Each year the Consumer Financial Protection Bureau supervisory examiners hold hundreds of companies accountable for violations of fair lending and debt collection rules. During the last half of 2014, those actions resulted in the return of $19.4 million to more than 92,000 consumers, according to a new report from the agency. [More]

A majority of consumers say they don't feel financially secure.

Report: Americans Are Optimistic About Their Finances But Few Actually Feel Secure

Americans’ positive feelings about the economy have officially returned to the level they were at on the eve of the Great Recession, according to a new study from Pew Charitable Trusts. While that might sound comforting, it doesn’t mean consumers are actually feeling secure in their own financial stability. [More]

(Michael G. Chan)

Hungry Shoppers Also Buy More Non-Food Stuff

It’s a long-held belief that shopping while hungry leads to a larger than normal grocery bill. A new study claims that you might want also want to avoid hitting the department store on an empty stomach. [More]

The Federal Reserve Bank of New York found that borrowers with the least amount of student loan debt were actually more likely to default.

Why Are Borrowers With Less Student Loan Debt More Likely To Default?

Just days after the Federal Reserve Bank of New York showed that student loan delinquency rates were once again on the rise, a new Fed report finds it’s student loan borrowers with the lowest levels of debt who typically are the most delinquent.
[More]

(Phil Jones)

Student Loan Debt Increased $77B In 2014, One In Nine Loans Now Past Due

Student loan debt reached an all-time high and delinquency rates continued to rise last year, according to a new report from the Federal Reserve Bank of New York found. [More]

(erocsid)

Researcher Says It Only Takes Minutes To Hack Most Smart Home Security Devices

With a security hack taking place just about everyday, consumers are more on-guard than ever when it comes to making sure their personal information are secure from ne’er-do-wells. But a new report points out that we might be inviting those hackers into our homes with open arms thanks to the less-than-optimal security of many smart home products. [More]

A majority of manufacturers reported storing driver data with third-parties.

Report: Automakers Fail To Protect Connected Cars From Security, Privacy Hacks

The newest models of connected cars come with everything from built-in navigation and entertainment systems to roadside assistance. While these features might make life behind the wheel a little easier, a new report found that not enough has been done to adequately protect those components from hackers. [More]

(Scurzuzu)

Report Spotlights Impact Of Payday Lenders On Most Vulnerable Communities

It’s no secret that payday loan storefronts often pop up in lower-income communities where consumers are more likely to need a quick infusion of cash to get to the next paycheck. A new report from the Howard University Center on Race and Wealth shines a light on the frequency with which the small-dollar, high-cost loans are opened in susceptible communities in the southern United States. [More]

(Chris Blakeley)

FTC: Credit Report Errors Continuing To Linger Years After Being Found

Two years ago, a Federal Trade Commission study found a surprisingly large percentage of consumers had discovered, and had corrected, errors on their credit reports. There were also several people who believed there were errors with their reports but had not yet reached a resolution. A new follow-up study from the FTC finds that nearly 70% of these disputes from 2012 are still unresolved. [More]

Older Americans report facing several issues when it comes to interactions with debt collectors.

CFPB Finds Older Consumers Face Illegal, Harassing Tactics From Debt Collectors

As if we hadn’t said it enough, but debt collectors are the worst, especially when they use illegal tactics to pry money from older American’s living on fixed incomes. A new report from the Consumer Financial Protection Bureau shines light on the issues older consumers face when it comes to their financial well-being. [More]

(Photos in the Sunset)

That “Wild Gulf Shrimp” You Bought Might Actually Be Farmed Whiteleg Shrimp

Just because you spent an hour searching the grocery store for the perfect bag of Wild Gulf Shrimp doesn’t mean you’re actually getting wild shrimp caught in the Gulf of Mexico.. In fact a new study released Thursday found that nearly a third of the shrimp products being sold in U.S. stores and restaurants aren’t what they seem to be. [More]

Consumers aged 35 to 44 were far more likely to have wages seized for debts than those in other age groups.

Report: Nearly Four Million Workers Had Wages Garnished For Consumer Debts In 2013

For most Americans every penny counts when it comes to their paycheck, but for some workers nearly a quarter of their wages are taken to pay for past debts in a process known as garnishment. The prevalence of this type of pay seizure grew significantly in the last few years leaving more consumers struggling financially. [More]

(kevinherzig007)

The Best Way For Students To Avoid High Fees With Campus Banking Products Is To Barely Use Them

All around the country, new and returning college students are being handed IDs they can use as debit cards or they’re being told they can have their aid disbursals deposited straight onto a school-branded card. It all seems incredibly convenient, especially for those who have limited experience handling their own finances, but these school-backed banking products are rarely the best available options for students, who could end up being nickel-and-dimed into debt.
[More]

FTC Asks Congress To Require Transparency From Data Brokers

FTC Asks Congress To Require Transparency From Data Brokers

Who would you say knows the most about you? Your family or friends, perhaps? Wrong. You likely have never met – and will never meet – the people who know the most about you: data brokers. These companies follow your every move on- and off-line to collect billions of data points about your life in an attempt to better target you for marketing campaigns and fraud prevention, among other things. [More]

FDA Finally Inspects Tainted Egg Farms, Discovers They're Unsanitary

FDA Finally Inspects Tainted Egg Farms, Discovers They're Unsanitary

Conditions at the two salmonella egg farms in Iowa are so bad that you’d think they were Tylenol factories, according to recent FDA inspections. Wait, I mean the first and only inspections. [More]