Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. In an announcement on Thursday (May 9), Sanders and Ocasio-Cortez accused banks and other...
The Federal Trade Commission announced Monday (Dec. 4) it filed a complaint in a federal district court in Orlando to stop a credit card interest rate reduction scam. In a press release, the FTC alleges that the scam deceived a number of consumers who were...
May 22, 2023
For those with issues making ends meet, deciding what gets paid can have long-term consequences. Inflation’s gradual ebb could signal the start of a potential reprieve from the current economic landscape and bring a collective sigh of relief from policymakers and business leaders alike, but the increased cost of essentials such as food and shelter remain […]
December 05, 2017
The Federal Trade Commission announced Monday (Dec. 4) it filed a complaint in a federal district court in Orlando to stop a credit card interest rate reduction scam. In a press release, the FTC alleges that the scam deceived a number of consumers who were already struggling with credit card debt. Those charged with committing […]