Although we’re likely a decade or two away from every person on the block owning a driverless car, when the time comes we could be saving billions of dollars and spending far less time dealing with auto accidents. [More]
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4 Out Of 5 Payday Loans Are Made To Consumers Caught In Debt Trap
The revolving door that is the payday lending debt trap is real. The high-interest, short-term loans may even be more damaging to consumers that previously thought. Four out of five payday loans are rolled over or renewed every 14 days by borrowers who end up paying more in fees than the amount of their original loan, a new Consumer Financial Protection Bureau report finds. [More]
Taking Credit Card Offers Hurts Your Credit
Last week, I wrote about how to turn your good credit into cash. I purposely excluded credit card offers from the list because I wanted things that, should you implement them, wouldn’t hurt your credit. Today, I want to warn to the overzealous.
Legal Uses of Your Credit Report
Once upon a time, credit reports were used only for credit. Now, companies use it for a lot of decisions. Find out what is legal and what is not.
Where to Get Credit Report & Credit Scores
Don’t buy a credit score from anyone other than the credit bureaus or Fair Isaac, makers of the FICO score equation, and don’t buy a credit report from anyone, you can get your credit report for free by law.
FICO and FAKO Credit Scores
Have you ever heard the term FAKO score? What about FICO score? Seasoned Consumerist readers will know the difference but if you’re new to the whirlwind credit industry, you may not.
Understanding Credit Utilization
With the recession, a lot of personal finance experts have started dispensing credit advice. They advise that you never cancel cards because it’ll hurt your score. Do you know why?
HMOs Fail To Screen For Cancer, Major Diseases
12 million Californians are at a greater risk for cancer and other major diseases thanks to HMOs that fail to provide adequate preventive care, according to a Health Care Quality Report Card produced by the California Patient’s Advocate.
America’s 12 Most Dangerous Employers
Today is Worker Memorial Day, commemorating workers who have died on the job. To “celebrate,” the nation’s 12 most dangerous employers were named in a report released this week by the National Council for Occupational Safety and Health (NCOSH).