With student loan debt in the U.S. now well beyond $1 trillion, everyone seems eager to get into the debt-reduction business. Some cities will pay down your debt if you move there, while a growing number of employers are making loan payment contributions part of the benefits package. Now some financial institutions are dangling the debt-reduction carrot in front of potential customers — but should you bite? [More]
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Debit Card Skimmer Found On Train Ticket Dispenser
By 9.15.10
Be careful, travelers, skimmers aren’t just for ATMs. Here’s one a Dutch guy found on a local train ticket machine. This is even a little bit more insidious than an ATM skimmer because busy passengers are even less likely to hide their PIN or notice a skimming device before rushing to their next train. The site is in Dutch but just scroll through the labeled pictures. With phrases like “betterijen uit mobiele telefoon” it’s pretty easy to figure out what he’s talking about. [More]
Best Buy Forgets It Sold Laptop, Won't Take Customer's Money
By 3.24.09
The Best Buy where Toni bought a laptop earlier this month has no record of the sale, and it won’t collect the funds that have already been released from her account. This sounds like a fun problem to have—$1500 extra dollars, free laptop, woo hoo!—but it’s actually pretty annoying. Toni doesn’t want this phantom $1500 messing up her balance indefinitely, and she doesn’t want to feel like she’s stolen a laptop.
Taco Bell Typo Causes 11 Overdraft Fees
By 3.23.09
A Vancouver man says he was overcharged by Taco Bell — costing him hundreds of dollars in fees. The man used his debit card to buy $15 worth of Taco Bell for his family. The receipt read the correct amount, and he says he didn’t notice that his card had been debited $150 until he started receiving overdraft fees for each item he bought after Taco Bell.
