Finance Globe

Organizations that prey on consumers who have been hurt by the economic downturn are the target of an ongoing crackdown by the Federal Trade Commission.The FTC announced today that it halted the operations of Florida-based robocallers that allegedly promised to lower consumers’ credit card interest rate, but did nothing to fulfill their claims.According to the FTC’s complaint, JPM Accelerated Services allegedly made thousands of illegal pre-recorded robocalls to credit card holders, identifying themselves only as “card...

Many financially distressed consumers have found themselves in a bad situation over the past couple of years. It’s the sign of the times.But consumers troubled with debt should know that the only way to get ahead of their finances is to spend less than they make, and pay their bills and credit accounts diligently.“Credit repair” agencies often prey on consumers who are financially distressed and loaded down with debt, promising that an easy enrollment in one...

A new program aims to increase financial literacy for low to moderate-income students and help to encourage savings.In a joint statement by the Department of Education, the Federal Deposits Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA), the three agencies on Tuesday announced a new agreement to help educate millions of students on financial matters.The agencies will work together to facilitate partnerships among schools, financial institutions, federal grantees and other stakeholders to provide effective...

In an effort to educate homeowners on the energy-efficiency of their residences, Vice President Joe Biden and Energy Secretary Steven Chu have launched the Home Energy Score pilot program.“The Home Energy Score will help make energy efficiency easy and accessible to America's families by providing them with straightforward and reliable information about their homes' energy performance and specific, cost-effective energy efficiency improvements that will save them money on their monthly energy bills," said Secretary Chu.Here’s how...

Home prices over the past year have remained relatively unchanged over the past year, even though the pace of sales has sharply declined since the ending of the home buyer’s tax credit, the National Association of Realtors (NAR) reported on Thursday.The national median existing single-family home price of $177,900 in the third quarter was just 0.2% lower than the median price of $178,200 in the same quarter of 2009.But while the national median home price has...

Sometimes the situation calls for us to take what we can get when we need it. And sometimes that means getting a car loan for less than the best deal around. If that’s the case, have you considered refinancing your auto loan? Refinancing your car loan save you big money on the monthly payment as well as the total interest charges over the life of the loan. Refinancing an auto loan is much like refinancing a...

The main benefit to an online degree program is convenience, and these programs can be found at both community colleges and universities, and even technical schools. You don't have to move to another state, you don't have to look for a parking space and haul your books to a classroom, and you really don't even have to get dressed before you attend class if you don't feel like it. Online study offers the flexibility of attending...

Diploma Mill - An institution of higher education operating without supervision of a state or professional agency and granting diplomas which are either fraudulent or because of the lack of proper standards worthless. - Webster's Third New International DictionaryWhen doing your research to find a legitimate college that offers a degree online, you may have come across ads or websites for “schools” that claim you can get a college degree for several hundred dollars with little...

Should you attend university right away, or start your course studies at a community college and then transfer?If saving money is a concern, then beginning your secondary education at a community college will probably save big and reduce the need for student loans and other funding. Here's a look at considerations for both. UniversityAttending a four-year university is taking the traditional route, and it's an experience that many college graduates will never forget. You'll meet plenty...

New claims for jobless benefits unexpectedly dropped by 21,000 last week to 434,000 - its lowest level since July, the Department of Labor reported on Thursday.But the news may be even better than a three-month low. In July there were special factors contributing to the lower number of new jobless claims; fewer than usual auto plants closed for the model-year retooling.If we disregard July for those skewed numbers, the last time new jobless claims were as...