Money News

Telemarketing scheme to pay back consumers

March 15, 2017—Consumers will receive about $7.5 million in redress as the result of a settlement between Federal Trade Communication and the operators of a telemarketing scheme who were charged with bilking millions of dollars from consumers.

CFPB hits at credit bureaus over misleading scores

Jan. 5, 2017—We’ve been aware that credit scores that you might find online aren’t necessarily the same as the ones that lenders use to gauge your creditworthiness when you apply for a loan. Now, two of the three primary credit bureaus are on the hook for saying that they were.

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Related Department Briefs

Beware of consumer reviews

Product reviews that are posted on shopping websites, including Amazon.com, don’t provide an accurate reflection of the product’s actual benefit. 

The evolution of gift registries

Myregistry.com didn’t create something unique by making partnerships with large retailers so gift registries that were filled out at those retailers could be combined into one list at its website.

Auto-parts stores vs. Amazon

When the New York Post reported in January 2017 that Amazon signed contracts with several major automobile-parts manufacturers, one had to wonder whether Advance Auto Parts, AutoZone, O’Reilly Auto Parts and others were destined to meet the same plight that brick-and-mortar retailers in other segments face—a substantial loss of sales, store closings or bankruptcy.

Unscrupulous landlords, uncertain tenant support

In April 2017, New York Attorney General Eric Schneiderman unveiled legislation that’s designed to reduce the hurdles in New York City’s laws that prosecutors face to charge landlords with harassment of tenants.

Grocery stores evolve or die

Patience might be a virtue, but your ability to hold on to that tenet can be challenging when you’re in a checkout line at a grocery store.

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