Congress passed the Credit CARD Act in May but it gave issuers and banks almost one year to implement the major provisions of the bill. Since then, issuers did exactly what they threatened to do--raise rates and fees on a broad group of cardholders. Consumers and elected officials are not happy about this, and...
Attorney General Richard Blumenthal and Consumer Counsel Mary Healey announced that -- immediately after they presented argument at a public hearing today -- the Department of Public Utility Control (DPUC) agreed to indefinitely bar layoffs at Connecticut Natural Gas (CNG) and Southern Connecticut Gas (SCG). As Blumenthal and Healey urged, the gas companies are prohibited...
After watching BlueHippo run roughshod over the poorest consumers for years, federal and state officials are banding together for a full attack against this computer finance company that has ripped off hundreds, if not thousands of its customers. Connecticut Attorney General Richard Blumenthal said he has received scores of complaints from consumers of paying...
Many parents and college students will be able to offset the cost of college over the next two years under the new American Opportunity Tax Credit. This tax credit is part of the American Recovery and Reinvestment Act of 2009. Here are six important facts the IRS wants you to know about the new American...
