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In December, Fannie Mae is going to revamp a program that allows borrowers to include income from non-borrowers living in their household to qualify for mortgage loans. The program is aimed to help lower income households who live with multiple...

This month Citigroup started refunding $700 million to consumers for illegal and deceptive credit card practices. Additionally, they will pay the Consumer Financial Protection Bureau $70 million as reported by the Chicago Tribune. Unfortunately, for many consumers, this relief came...

Oftentimes, we don’t understand our insurance coverage until we get a bill from a doctor or hospital. In a lot of situations, people with high deductibles still have medical bills to pay even though they are insured. Recently, the New...

In 1975 Congress passed the Home Mortgage Disclosure Act, to prevent banks from charging higher interest rates to minorities.  In the past, banks were engaged in a system called redlining.  Redlining was a system used to charge higher interest rates...

CNN recently published an interactive web page detailing the nightmares that several consumers were suffering at the hands of debt collectors. In these profiles CNN detailed the tactics that debt collectors use to try and collect debts. This collection law firm used traumatizing letters,...

There is a new subprime bubble in America:  The subprime car loan bubble. Similar to the mortgage crises of 2008, car lenders are making shoddy car loans to consumers with bad credit. Oftentimes, these loans come with terms that take...

Recently, the New York Times published an article regarding new tactics that Nursing Homes are taking to collect debts from their patients. The article details the plight of the Palermo family.  Mrs. Palermo is 90 years old and suffering from dementia.  Her husband, who...