The Federal Housing Administrationwill need billions of dollars in aid from the U.S. Treasurybefore the end of the year to fill a financial hole caused by defaults on mortgages it insures, House Financial Services Committee Chairman Spencer Bachus said today. FHA will propose increases in the premiums it charges to insure mortgages as one solution […]

If you’re not careful, you could unknowingly undermine your consumer rights  — as well as the ability to successfully challenge your case — when disputing  credit report errors. Under the Fair Credit Reporting Act, credit reporting agencies such as  Experian, Equifax and TransUnion are required to thoroughly investigate your  credit report dispute. So are the […]

New York (August 22, 2012) — The average allowance provides a child enough money in a year to afford an Apple iPad and three Kindles and still have money leftover – money they’re most likely to spend. Indeed, only 1 percent of parents say their kids save any of their allowance. Those are the findings […]