Bank of America ((NYSE: BAC) has brought to an end the overdraft fees associated with debit card purchases. This decision can end up costing the bank tens of millions in revenue each year but it would also force the hand of other banks to do the same, which is good news for consumers.
In the past, [...]
Archive for tisha
Debit Card Overdrafts Thing of the Past at Bank of America
Bank of America Hijacks Parrot, Forecloses Wrong House
Bank of America (NYSE: BAC) has a lot of explaining to do. According to a Pittsburgh, Pennsylvania woman, the bank took not only her home but also hung on to her parrot even after proof was offered Bank of America had the wrong house. The woman filed a lawsuit today against Bank of America.
Bank of [...]
Don’t Go to the Mailbox on Saturday
The US Postal Service is reportedly in debt, with a loss of $3.8 billion dollars in the fiscal year of 2009. Mail volume was down by 12.7% and the agency is not hopeful for a recovery, blaming online transactions for messages and bill payments.
So what does that mean for consumers?
As of today, the US Postal [...]
Smart Phone Users Dodging Viral Attacks
Malware that can destroy a computer system in a click of a mouse is also being turned loose in the phone world. Cyber attacks that wreak havoc on your personal computers are similar to those being thrust at smart phone users and in many cases, the attacks are worse.
Assaults on phones can bring on many [...]
Price Check on Gallbladder Surgery, Aisle 3
Many Americans are now faced with paying cash from their own pockets when it comes to health care procedures. Oftentimes it is because they can not afford the insurance or because their insurance will not cover certain medical costs. As the prices of healthcare continue to skyrocket, patients are often left at a disadvantage because [...]
February 27th, 2010 | tisha | Comments | Continued
Ear Candling Brings Warnings from FDA
Natural medicines and procedures are a big market and many consumers are buying into the results being promised by advertisers and practitioners. However, the Food and Drug Administration is stepping up to warn consumers that claims may not be what they seem. Of particular concern is the popularity and promotion of ‘ear candling’.
Ear candling is [...]
Gas Prices Again On the Rise – Again
As the nation continues to struggle with the rising cost of everything, gas prices are once again sneaking back up. In just the last week, prices have risen nearly 8 cents a gallon, after having been on the decline early in the month. Diesel fuel is up more than 5 cents a gallon in a [...]
February 26th, 2010 | tisha | Comments | Continued
Cash for Clunking Refrigerator Program? It’s On the Way
Not long ago, the government came up with a way to encourage consumers to buy a new car. The Cash for Clunkers program got mixed reviews but it hasn’t stopped the onslaught of similar ideas. Coming to a state near you, the Cash for Clunkers Appliance program will be working to push Americans to spend [...]
February 25th, 2010 | tisha | Comments | Continued
Toyota Loyalty De-accelerating
As Toyota recalls continues to place intense scrutiny on the brand, loyal followers are backing off in bigger numbers. Toyota fell behind Honda in consumer popularity with many claiming the bad publicity and large recalls have changed their minds. Chevy and Ford are surveyed to be the next best choice for consumers no longer interested [...]
February 25th, 2010 | tisha | Comments | Continued
Are You Worried Your Bank Will Fail?
Last year more than 702 banks across the nation were in trouble. The FDIC keeps the list and does not reveal the name of the banks experiencing problems. As many bank customers have seen the fallout from other banks that have folded, many continue to worry they will soon be in the same position.
Experts now [...]
FTC Clarifies the ‘Free’ In Free Credit Report
With so many people working to recover from the recession and restore their good financial reputation, credit reports are being ordered more often. Along with that, more commercials promise consumers free credit reports that in actuality are not free at all. The FTC is working to make sure people are no longer being misled by [...]
February 18th, 2010 | tisha | Comments | Continued
Penny Gets an Overhaul
The 2010 Lincoln Cent, also known as the penny has a new look on the ‘tails’ side. As of February 11th, the new penny started circulation in the United States. Representatives from the US Mint said it may take some time to see a new penny as it begins to circulate.
The old version featured the [...]
Consumer Reviews and How to Use ‘Em
These days technology allows for a faster look at how people really feel about products and services because consumers are posting more and more of their own reviews online. Prior to the Internet, most people could only rely on the testimonials advertised by the product manufacturer.
Nowadays, not only are consumer reviews apparent on retailer sites [...]
College-Bound Kids Better Start Securing Financial Aid
Many seniors in high school are just starting to hear about their admissions to college and universities around the country. It’s an exciting time for many families but also a time of significant worry when it comes to financing that higher education.
For those who have not been guaranteed a full scholarship to their choice of [...]
BBB Warning Public About Lotto Scam
Consumers turn to the Better Business Bureau when researching the legitimacy and reliability of a company but what happens when the BBB becomes part of a new scam?
The Better Business Bureau organization is warning consumers about a new scam that has been showcasing the organization’s own name in order to steal thousands from unsuspecting consumers [...]
Lose Your Home To Foreclosure? You Might Still Get A Bill
For homeowners who have lost their home to a foreclosure due to their inability to keep up with mortgage payments, there may still be bad news on the horizon. After banks sell the home at auction, any balance remaining on the value of the home and the sale price at auction make come back billed [...]
February 5th, 2010 | tisha | Comments | Continued
Social Networking Can Damage You Outside Your Social Circle
Think your daily rants about your egocentric boss are funny? Well your next employer may not think so. The social networking phenomenon may seem like all fun and games until it ends up costing you your current job, your future job, or even your next line of credit.
How can it work against you? Here are [...]
NYTimes.com to Charge Loyal Readers in 2011
The New York Times website will take a large leap of faith beginning in January 2011. The newspaper will begin to charge frequent visitors a flat-rate fee for unlimited access to the site’s content. A few initial articles will be free but after that, it’s a game of pay to play unless you already subscribe [...]
January 30th, 2010 | tisha | Comments | Continued
Bankrupt Blue Hippo Latest Lawsuit in Texas
BlueHippo Funding, LLC, the popular computer supplier for consumers with less-than-perfect credit has been again brought into a lawsuit alleged violation of the Deceptive Practices Act, this time in the state of Texas. BlueHippo commercials run nationally and target consumer with poor credit. They claim to offer low cost monthly payments to essentially lay away [...]
January 29th, 2010 | tisha | Comments | Continued
Find More Rewards With Debit Cards
Americans are scaling back on their credit card application and usage since the credit crisis of the last few years. More consumers are switching over to debit cards, trying to maintain a cash-only existence. It is estimated that there are now more debit than credit card users according to the latest research statistics. Since debit [...]
January 27th, 2010 | tisha | Comments | Continued
Loss of Smell May Determine Memory Loss
People diagnosed with memory related disorders such as Alzheimer’s or dementia suffer from several different symptoms. A loss of smell now suggests the potential for Alzheimer’s disease. An olfactory test is now said to be a new and economical option to identifying an early diagnosis of Alzheimer’s disease.
A recent study published by the Journal of [...]
Stricter Guidelines Being Announced for FHA Mortgages
The Federal Housing Administration, which insured one-third of 2009 mortgages, is getting ready to announce the stricter guidelines for securing an FHA-backed mortgage loan. Since the mortgage crisis, the popularity of FHA loans rose dramatically. The loans back lenders if a borrower failed to pay. Because of the mortgage crisis, the agency is having difficulties [...]
January 20th, 2010 | tisha | Comments | Continued
Consumers Being Warned to Stick With Good Practices
After a long haul of putting money away, shopping with price in mind, and practicing the art of frugality, many experts are worried that consumer may be tired of sitting back and saving. As the new year rolls on and things seem to be leveling off in the more troubled industry, such as credit and [...]
January 18th, 2010 | tisha | Comments | Continued
Haiti Relief Brings About Scams
As with any big disaster, opportunities are presented for con artists to take advantage of those with generous hearts and open wallets. With the recent situation in Haiti, consumer groups are warning the donators to perform due diligence before handing over any monies. Unfortunately many so-called organizations are set up haphazardly and even fraudulently, leaving [...]
January 15th, 2010 | tisha | Comments | Continued
The First-Time Homebuyer Credit: The Clock is Ticking
The last two years have been difficult years for the housing market. Job loss, high unemployment rates, the stock market downturn and the overall economic crisis painted a grim picture of the future of homeownership in the country. The Housing and Economic Recovery Act of 2008 was instituted to assist and incent people to purchase [...]
January 15th, 2010 | tisha | Comments | Continued
Yes, Your Cable Bill Is Going to Go Up
On average, digital cable subscribers pay 75 a month, with some subscribers paying upwards of $100 just to access the regular stations. Price hikes of 5% a year are not unusual but as it stands for consumer now, your bill will continue to rise with no caps in site.
Cable companies have to make up for [...]
Bankruptcy Cases Up at the End of 2009
While most people felt at least some impact of the recession, reports show that there was a significant increase in bankruptcy filings for both businesses and individuals at the end of 2009. Nearly 1.3 million people filed for protection which is a 32% increase from the first eleven months of the previous year.
The National Bankruptcy [...]




