In my last post, I discussed new protections that are effective this month for home buyers seeking a mortgage. But that’s just the start: The new mortgage rules from the Consumer Financial Protection Bureau also protect you after you get your mortgage.…
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Gambling is a great American pastime (just ask anyone who’s been to Vegas), but as a general rule, you don’t gamble with other people’s money. In the financial world, it seems like common sense that banks shouldn’t be using your… Continue reading 
About 30 million consumers—nearly one out of every 10 Americans—have accounts in collection, totaling $1,500 on average. This means that, in the hands of an unscrupulous debt collector, debt can make life hell for millions of consumers. Abusive debt collection… Continue reading 
The good news is that the Senate finally confirmed Richard Cordray as the Director of the Consumer Financial Protection Bureau (CFPB). The bad news is that it took them over 700 days. What’s even worse news is that if a… Continue reading 
