Thursday, October 25, 2012

Will introduce new rules to control debt collection

The country's largest debt collection companies will face new oversight starting in January, the federal consumer watchdog agency said Wednesday -- a move designed to ensure that businesses play by the rules in their contacts with consumers.

Wednesday, October 24, 2012

The basic principles of saving accounts

The banking profession is almost as old as civilization itself. In their simplest form, banks took the money of a large number of people and lent that money to borrowers.

Tuesday, October 23, 2012

Spyware snooping around your credit card

Your credit card could soon be tattling on you to marketers.

At least that’s the conclusion being drawn by the Financial Times and Wired after analyzing an online presentation from MasterCard, offering up cardholder data to online marketers looking to zero in on holiday shoppers (the presentation has since been taken down).