There’s a new report from the Economic Policy Institute that’s both startling and eye-opening. What’s in it will surely give you reason to pause and make the connection in how poverty affects your finances – if its hasn’t already.

Today, a new study from the Consumer Financial Protection Bureau was released. The study focused on overdraft fees and banks. What that study reveals is that checking account customers are racking up hundreds of dollars in overdraft fees every year.

You can imagine the brouhaha many bank CEOs are cursing at this very moment. They have more than 300 new servicing standards as part of that massive $25 billion mortgage settlement and they’re in the spotlight.

For those who have been waiting for years for their checks from the Independent Foreclosure Review began receiving them this week. And those recipients are furious and are now considering a class action lawsuit against the banks that were found …

You may recall a few years ago – actually, the four year anniversary of this story is this week – when Swedish bank UBS admitted it helped U.S. clients bypass the IRS. It was hit with a $780 million fine …

Many of us aren’t quite sure what, if anything, we can expect in the line of a state or federal income tax refund this year – and really, do the experts even know for sure at this point?

No sooner had the kitchen been picked up, turkey wrapped and put in the fridge for sandwiches and Aunt Elma was out the door did the phone rang with the announcement, “I’m finishing with my Christmas shopping. And I didn’t …

It’s a boost for consumer borrowing, but some analysts are worried. A new report that came out this week revealed Americans took out more student and auto loans in September in record numbers. Total consumer borrowing rose $11.4 billion in …

There was a time when debt management plans were especially restrictive. Many consumers found themselves in plans that were unrealistic for their budgets. Those days are long gone, however.

As parents, we want to give our kids as much of an education in finances as possible so that when they enter adulthood, they’re empowered and ready to move forward as responsible consumers. While we can’t cover all the bases …

It seems we’re seeing more stories about unethical and illegal practices of debt collectors these days. The aggressive nature of many of these people has led them to buck the laws, specifically, the Fair Credit Reporting Act. Consumer rights have …

An interesting new mindset is emerging and one that doesn’t bode well for oil companies looking for consumers to carry their gas cards. We take a look at the pros and cons of carrying gas rewards credit cards.