Ed Mierzwinski News
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Visa Inc., MasterCard Inc. and some of the biggest U.S. banks agreed to a settlement of at least $6.05 billion in a price-fixing case brought by retailers over credit-card swipe fees.
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Less than one percent of consumer credit reports contain errors that lead to a significant change in the score, according to a study commissioned by the three largest credit-reporting companies.
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Less than one percent of consumer credit reports contain errors that lead to a significant change in the score, according to a study commissioned by the three largest credit-reporting companies.
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The imminent reshaping of U.S. banking regulation creates a new center of gravity in Washington, a consumer chief with thousands of employees, a $400 million budget and power to impose federal rules on mortgages, credit cards and layaway plans.
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(Corrects Citibank's fee in the fourth paragraph.)
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Elizabeth Warren , the Harvard University law professor deputized by President Obama to police consumer finance, is recruiting 50 state prosecutors to help. She may even bankroll their work.
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Jeff Rose, a 33-year-old financial planner, is trying to improve his credit score even though it’s 780, which is 69 points above the median score.
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Of all the names disclosed as donors to Restore Our Future, a political action committee supporting Mitt Romney, some stand out for how little they reveal.
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President Barack Obama named Harvard law professor Elizabeth Warren an adviser to help shape the new Consumer Financial Protection Bureau, calling her “one of the country’s fiercest advocates for the middle class.”
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If mobile phones can be used to buy gas and pay bills in the U.S., should they be subject to the same consumer protections as bank accounts or credit cards?
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