Handheld Cell Phone Bans for All Drivers: 5 states (California, Connecticut, New Jersey, New York and Washington), the District of Columbia and the Virgin Islands prohibit all drivers from talking on handheld cell phones while driving.

With the exception of Washington State, these laws are all primary enforcement—an officer may ticket a driver for using a […]

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Congress is considering two bills that would restrict the fees and penalties credit card companies can charge consumers.

The House bill, authored by New York Democrat Carolyn Maloney, was approved by the House Financial Services Committee on Wednesday. It now  goes to the House floor for debate.
The Senate bill, regarded as one with tougher terms, was written by […]

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They say death and taxes are inevitable. But monthly bills are just as predictable - and far more consistent. “I’ve never paid a bill late, always send more than the minimum payment due, yet feel as if I’m in a never-ending bill-paying cycle,” a New York woman complained. “The finance charges are outrageous, and I feel as if […]

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A third of all credit card users have been penalized by a credit card company, according to a new survey from Credit.com.  Consumers say card issuers have imposed one or more of the following changes:

HIgher interest rate 15%

Larger minimum payment  11%

Earlier due date 9%

Lower credit limit 8%

Reduced rewards program 8%

Closed account 7%

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It’s hard to forget, especially when you try to get it out of your head: that FreeCreditReport.com jingle just keeps going around and around. But government regulators say the song is better than the service. The Federal Trade Commission’s Bureau of Consumer Protection warns FreeCreditReport.com isn’t really free at all.
To better prove its point, the […]

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