‘Earned wage access’ apps are booming; critics want it to stop

A number of states have moved to subject earned wage access to the Truth in Lending Act, which caps fees and interest for short-term loans and covers payday loans. The industry backs a federal bill, ... Read More

Expert warns consumers to stop avoiding their credit card debt

It can be easy to fall into the trap of not wanting to deal with your debt. Consumer Investigator Rachel DePompa speaks with Leslie Tayne about why you shouldn't ignore your debt. Read More

Retail & Consumer

Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Read More

The best credit cards of May 2024

There are so many credit cards available to consumers that it can be hard to ... Best for airport lounge access: The Platinum Card® from American Express Best for premium perks: Capital One ... Read More

Bankers resist call to restrict overdraft fees

Banks began putting the charges, known as overdraft fees, in place in the 1990s to give customers additional financial flexibility. The fees today have blossomed into a $4 billion industry that ... Read More

How to unfreeze credit if you lose your PIN

But keeping track of that PIN — and keeping it safe — was not always easy for consumers ... credit bureaus have changed their policies related to security freezes and PINs. As of 2018 ... Read More

Consumer Goods News

Showcase your company news with guaranteed exposure both in print and online The annual Columbus Opportunity Summit will focus on the resurgence of manufacturing in the state… Gather your ... Read More

Scammers turn dating apps into "hunting grounds." Could companies do more?

When the Federal Trade Commission began investigating problems related to romance scams five years ago, the consumer watchdog agency's analysts gained access to internal data from one of the biggest ... Read More

Should you stop writing checks? Banks wish you would to thwart fraud

Consumers can run into massive headaches when criminals engage in check fraud. How banks and the postal service are getting the word out. Read More

Apps allow workers to get paid between paychecks but experts say there are steep costs

Between 2018 ... Wage Access take out an average of 36 loans a year. On 5.8 million transactions, 73% of consumers paid a “tip,” at $4.09 per tip on average. On three dozen loans, that’s $147 annually ... Read More

How to check your credit score

Not sure what your credit scores are or how to check them? According to multiple consumer surveys, you’re not alone. Unlike with credit reports, federal law does not guarantee free access to ... Read More

Hey video gamers, are you being played?

The Consumer Financial Protection ... unauthorized transactions and losing access to game currencies and virtual items. “Those consumers said they received limited recourse from gaming ... Read More