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NEWS ABOUT: credit report

Credit Card Debt Drops to 8-Year Low

Falls to an average of $4,951

(Newser) - The average American’s credit card debt hit an 8-year low in the second quarter of the year—even as rates hit a 9-year high . The average combined credit card debt fell to $4,951, down 13% from $5,719 over the same stretch last year, according to figures from... More »

Biggest Ripoffs in US

Phone texts, movie popcorn, and textbooks are overpriced

(Newser) - Text messages may be the biggest ripoff in America. It costs 1/3 of a cent for carriers to send a message, but they can hit you with a 20-cent charge on pay-per-text plans. That's a markup of 6,500%. More bad deals from CNNMoney :
  • Movie popcorn, 900%: No surprise here,
... More »

FTC Takes on 'Free' Credit Report Minstrels

Latest showdown between Feds and credit bureau goes viral

(Newser) - A long-running battle between the Federal Trade Commission and credit bureau Experian has blossomed into a viral video showdown of sorts. Experian runs FreeCreditReport.com—beneficiary of the cheeky slacker music video/ads. The FTC thinks—rightly, in the opinion of many—that the company is intentionally diverting consumers from the... More »

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