Personal Finance Advice and Commentary

Tuesday, March 04, 2014 5:09 pm
By Tara Baukus Mello · Bankrate.com

Car lenders and the CFPB are still at odds over auto loan lending practices.

Thursday, December 15, 2011 5:33 pm
By David McMillin · Bankrate.com

An Illinois teenager and his mother learned their lessons with bank fees the hard way. In a recent story in the Chicago Tribune, Jon Yates reported that 18-year-old Daniel Ganziano managed to rack up nearly $230 worth of fees in a matter of days at TCF Bank. The catch: he wasn’t even spending money. Here’s

Saturday, June 18, 2011 10:00 am
By Marcie Geffner · Bankrate.com

The Association of Credit and Collections Professionals, known as ACA International, has introduced a “blueprint” of policy initiatives that the group says would update the debt collection industry’s antiquated practices. Consumers who’ve missed one or more credit card payments may be interested. A key goal, mentioned repeatedly in the group’s press statement, is the removal

Tuesday, August 10, 2010 9:21 am
By Marcie Geffner · Bankrate.com

One of the more curious carve-outs in the new financial reform law is an exemption that shields so-called “small” banks from the oversight of the new Consumer Financial Protection Agency. Specifically, the Dodd-Frank Wall Street Reform and Consumer Protection Act gives the new agency extensive power and authority to regulate consumer financial products, but only

Wednesday, June 23, 2010 5:25 pm
By Claes Bell · Bankrate.com

Looks like your next auto loan may not be vetted by the Consumer Financial Protection Agency, or CFPA, being cooked up in Washington. The excellent Annie Lowrey over at The Washington Independent reports today that the dealer exemption made it into the conference report, the document created by negotiations between the House and the Senate: