July, 2010

Capital One faces interest rates lawsuit

Capital One is in trouble because they have again raised credit interest rates without informing customers. A judge earlier this year thought the case saying Capital One has broken the Truth in Lending act wasn't worth his time and dismissed it. The 9th Circuit thought the lawsuit should be reinstated on July 22. Now, it ...

Click here to read complete article.

Failed smuggling try of Titi monkeys

A man was found within the Mexico City International Airport with 18 Titi monkeys strapped around his torso. Much like other endangered species, Titi monkeys are traded on the black market for high profit. The smuggler was found and arrested by the airport police. Had Roberto Zavaleta Sol Cabrera successfully sold the Titi monkeys, he ...

Click here to read complete article.

When teaching children about finances, parents have little info

For a personal financial education, do kids have everyone but their parents to teach them? What is it they learn? A survey was done showing that parents taught kids all of their personal finance skills. But the exact same survey showed that an excellent portion of those people gave themselves failing financial grades. Personal finance ...

Click here to read complete article.

The real reason banks want you to keep debit card overdraft coverage

You've a debit card, if you are like many people. So you've already received a letter from your bank about what an excellent service debit card overdraft coverage is, and how essential it is for you to keep it. Banks have been forced to ask you this because of new credit card rules, that make ...

Click here to read complete article.

On the rise are staged car accidents

In numerous of the states, particularly those with no-fault insurance laws, staged automobile accidents are on the rise. Criminals stage these to get money from insurance companies. Some of these have some innocent victims when other don't. Insurance fraud could be a serious issue that raises rates for every person -- and some states are ...

Click here to read complete article.