Federal Reserve Proposes Rules On Gift Cards

Federal Reserve Proposes Rules On Gift Cards

Here’s your chance to sound off on another consumer protection issue. In accordance with the CARD Act, today the Federal Reserve proposed new rules that would protect consumers from fees and expiration dates on gift cards, and they’ll soon be accepting comments on the rules.

DirecTV Demands Nearly $500 For Canceled Service You Couldn't Use

DirecTV Demands Nearly $500 For Canceled Service You Couldn't Use

DirecTV agreed to let Anthony cancel his service without an early termination fee because his signal would randomly fade away without explanation. What DirecTV really meant though was that they would let Anthony cancel if he paid a final bill of $446.69. After speaking with two agents who agreed that the fee should have been waived, DirecTV reduced Anthony’s bill to $445.42. A third agent told Anthony that he would need to negotiate any further deductions in writing with the dispute department…

Cox Agrees To Remove Undisclosed Charge, Then Changes Their Mind Without Saying Anything

Cox Agrees To Remove Undisclosed Charge, Then Changes Their Mind Without Saying Anything

Cox told reader Don that they would waive a $55 service fee they hadn’t previously disclosed, but then changed their mind without telling him. Now Cox is telling Don that if he pays the $55, they’ll return it to him as a credit next month. Yeah, sure they will. Should Don trust them?

HSBC: Fee Sharks?

HSBC: Fee Sharks?

Reader Chandra wrote to us today about her short-but-tumultuous relationship with HSBC’s credit card division. In the span of two months Chandra applied for a card, made a $300 payment (mailed 8 days early) on a $700 balance, got hit with a $35 late fee and a $15 pay-by-phone charge, and cancelled her account. She claims to have good credit and is just baffled by HSBC’s inability to process a payment without assigning a penalty.

Sears’ Frosty Home Repair

Apparently, we’re not the only ones who’ve had Sears repair people not show up for their appointments. Meet Jim, a man with a broken fridge. Not knowing how to fix a fridge himself, Jim called Sears Home Repair and scheduled an appointment. He was given a $65 estimate and a four hour repair window. Jim waited patiently, earnestly, for his hero to arrive. Guess who didn’t show? Jim says:

Tip or Sign the Slip?

Tip or Sign the Slip?

Tipping, a venerated system of checks and balances that rewards good service and punishes bad, is under attack, or is it evolution?