house

Dishonest Locksmiths Lurk Everywhere

Dishonest Locksmiths Lurk Everywhere

Greedy national locksmith companies masquerade as local businesses to prey on consumers who think they are in no position to haggle. Dependable Locksmith, Basad Inc, and Liberty Locksmith are just a few of the national chains that rip-off distressed consumers, charging up to $500 for simple jobs. From the LA Times:

The Senate's New Student Loan Plan: Give Aid To Students, Not Corporations

The Senate's New Student Loan Plan: Give Aid To Students, Not Corporations

Hey kids, good news! Student loans will become cheaper under a bill approved last week by the Senate. H.R. 2669, passed 78-17, will recast the Department of Education as Robin Hood, diverting money from lending companies to students.

House Financial Services Committee Holds Hearing On Credit Report Inaccuracies

House Financial Services Committee Holds Hearing On Credit Report Inaccuracies

The House Financial Services Committee wants to know why it is so difficult to dispute inaccurate information on your credit report. You can watch the hearing live thanks to a webcam connected to the tubes.

The hearing will examine factors that continue to contribute to inaccurate consumer credit reports and evaluate the adequacy of the consumer dispute process under the Fair Credit Reporting Act (FCRA). In addition, the Committee will hear recommendations for improving the process and efforts that furnishers, credit bureaus and the regulators are taking to improve the accuracy of credit report information and will review the status of key rule makings and studies mandated by the Fair and Accurate Credit Transactions Act of 2003 (FACTA) related to the accuracy of information furnished to consumer reporting agencies and the adequacy of the dispute resolution process.

Hot! The Committee will hear testimony from the FTC, the Federal Reserve, consumer advocates, and industry representatives. Not invited to testify: The Consumerist. Don’t worry Chairman Franks, you can invite us to the next hearing. — CAREY GREENBERG-BERGER

Help Your House Survive The Cold Snap

Here’s what to do if the recent cold snap messes up your house.

House Approves Bill for FDA to Override State Labeling Laws

House Approves Bill for FDA to Override State Labeling Laws

The US House passed allowing the FDA to invalidate state’s food and labeling laws if they’re stricter than federal standards.