Topic: Ed Mierzwinski
Until recently, a credit score of 680 was something to be proud of. And that is "ludicrous on its face," says Ed Mierzwinski of the U.S. Public Interest Research Group. "Credit scores are a blunt tool being abused by creditors as if ...
In the next few weeks, the Senate and House are expected to work together to reconcile their two financial-reform bills, now that the Senate has passed its version. Creates a Consumer Financial Protection Bureau within the Federal Reserve to police lending, taking ...
They're conjuring higher interest rates (despite multiple rate cuts by the Federal Reserve), shrinking credit limits in the blink of an eye and, even transforming themselves into bank holding companies (as in the case of American Express (AXP:39.03,-1.24,-3.08%)).. "Consumers have to understand ...
For victims of identity theft there's always that nagging feeling that once a thief's been able to open fraudulent accounts in your name, it's just matter of time until they do it again.. Consumer advocates, who have been lobbying for credit freezes ...
