While candidates from both parties continue to campaign, a looming fiscal cliff is set to possibly cripple the economy starting January 1. The fiscal cliff, along with the paralysis in Congress, has led Moody’s Credit Agency to warn of another downgrade to the U.S. credit rating.
The SEC has launched an investigation into whether the City of Miami misled bond investors. This puts the city inches from financial disaster, a downgraded credit rating for the second year in a row.
http://www.consumerreports.org/cro/magazine-archive/2011/june/money/credit-card-fraud/more-ways-to-fight-fraud/index.htm http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre04.shtm http://www.ftc.gov/bcp/edu/pubs/consumer/idtheft/idt04.shtm http://www.ftc.gov/bcp/edu/microsites/idtheft/ http://www.fdic.gov/consumers/consumer/fighttheft/ http://www.fbi.gov/scams-safety/fraud/internet_fraud
Consumers looking to apply for more credit may find lenders now have a lot more information at their disposal to help with that decision. That’s thanks to a new kind of credit report now available that’s packed with information about you and how you handle everything from electric payments to rent.
This years’ holiday shopping season is expected to be a record-breaker, with online spending approaching $25 billion dollars so far. With all that spending, consumers may be tempted to borrowing money, or help a friend borrow money by cosigning a loan for them.
Cuban leader Raul Castro has announced a new credit system that is set to offer loans to small-business owners, independent farmers, and other citizens.
Governor Rick Scott has weighed in with his thoughts on the federal debt ceiling. Scott is in favor of letting the U.S. default instead of raising the debt ceiling.
How do you feel about your boss getting a peek at your credit history? If you’re looking for work it’s very possible you’ll be asked to share that information in order to get the job. But there’s a move underway across the country to stop that from happening.
The federal government says Florida is number two in the nation for identity theft complaints. Now a CBS4 I-Team investigation has uncovered a new trend among thieves, involving your kids and grandkids.
Discover is facing a class-action lawsuit accusing the credit card giant of selling unwanted services to consumers across the country and bilking them, in some cases, out of thousands of dollars.