Protecting Yourself From Bogus Bills?
CBS Boston ran this story about a collection agency - NCO Financial Services, Inc. - which was allegedly attempting to pressure consumers into paying debts they didn't owe....

Allstate Settles Lawsuit Over Credit Scoring (The Tampa Tribune)
Allstate Corp., the second-largest insurer of homes and automobiles in the United States, has settled a lawsuit accusing it of overcharging minorities based on their credit history.

Credit markets hit by nerves
Financial Times: Rising risk aversion triggered further increases in the cost of insuring corporate debt against default in the credit derivative markets on Monday, with high-yield bond derivatives showing the strongest ...

International Credit Card Operation Settles FTC Charges
3R Bancorp and its co-defendants have agreed to pay $1.85 million in redress to consumers, as well as stop its illegal practices - which include falsely promising consumers a “guaranteed”...

Planning to Travel Abroad This Summer?
Banks have dramatically increased the fees they charge for processing overseas debit and credit card transactions. Visa and MasterCard have levied a 1% processing fee on overseas transactions for...

Where to turn if you need legitimate credit counseling
Marketwatch: NEW YORK -- When you're in debt and need help negotiating your way out -- and staying out in the future -- consumer credit counseling sounds like a godsend. But it can also be a nightmare.

Betting on the bust when times are good
International Herald Tribune: Teams of bankers and traders who specialize in distressed debt, the bonds and loans of troubled or bankrupt companies, are springing up even as stock and commodity prices extend three-year gains. They ...