Credit Scores: Why The Latest Fixes Fall Short

February 21, 2011
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More consumers than ever this year will see how their credit scores are used to determine their interest rates and loan terms. But the effort to provide more clarity may instead lead to more confusion. Under a provision of the Dodd-Frank financial-overhaul law that takes effect in July, all consumers who are turned down or don’t get the...

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Bank Of America Adds $59 Annual Fee To Some Accounts

February 21, 2011
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Bank of America is assessing a new $59 annual fee on select credit card holders. According to a spokesperson, the fee will be assessed on May statements and will affect about 5 percent of the bank’s credit card customers. The fee isn’t tied to a specific type of card and is based strictly on the customer’s risk profile....

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The Myth of Multitasking: Devoting Our Attention to Now

February 20, 2011
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The Myth of Multitasking: Devoting Our Attention to Now

We’ve become enamored to our technologies. They allow multitasking and we pursue it with alacrity. If, however, we think that such multitasking makes us more productive, think again. The benefits of multitasking are a myth. There are some hard limits to how we can pay attention. We can really only pay attention to one...

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Thousands Of AOL Subscribers Needlessly Paying $25 Monthly Dial Up Fees

February 19, 2011
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When AOL launched it dial up service more than 20 years ago, most of us were happy to pay the money to be connected to the Internet and pay for the privilege of the slow connection and weird noise when connection was made. Unfortunately today thousands of people are still paying $25 a month...

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Egypt Email Scam Warning From Consumer Protection

February 19, 2011
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The Conn Department of Consumer Protection is warning consumers today about a new version of the foreign email scam. This correspondence, purporting to be from a Mr. Mohammed Hammad, a so-called consultant to the Egyptian past-president Muhammad Hosni Mubarak, asks recipients for help in moving money and investments out of Egypt following recent changes...

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Ct Atty Gen Monitoring Closing Of Six Borders In Conn

February 19, 2011
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Attorney General George Jepsen is advising Connecticut consumers that closing sales began Friday at six Borders retail stores in Connecticut in Danbury, Manchester, Milford, Simsbury, Southbury and Wilton and will conclude by April 30. Borders Group, Inc., which filed for bankruptcy protection earlier this week, has assured the Attorney General that Borders gift cards,...

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LIFE GOES ON: Tech School vs. College?

February 19, 2011
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LIFE GOES ON: Tech School vs. College?

DEAR DOCTOR KATHLEEN, I am so worried about my son. He is 18 and will graduate from high school this year, and he should be applying to colleges. No matter what I say, he refuses to go. He said that he wants to be work in construction. He is very handy, but I fear...

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Rubenstein Takes Over As Connecticut Consumer Protection Commissioner

February 18, 2011
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Attorney William M. Rubenstein took over this week as Connecticut’s Consumer Protection Commissioner. Rubenstein, a Democrat and former assistant attorney general, replaced outgoing Republican Commissioner Jerry Farrell Jr. Rubenstein served in the Antitrust and Consumer Protection units of the Office of the Attorney General from 1986 through 1997 and participated on the legal team...

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CT@Prayer: Where To Donate To Haiti Victims Where Money Will Be Properly Used

February 18, 2011
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CT@Prayer: Where To Donate To Haiti Victims Where Money Will Be Properly Used

Thirteen months ago we all were humanitarians. We raced to our pocketbooks and wrote checks to the Red Cross, UNICEF, our churches. Anything to help Haiti. Images of homeless, crying orphans tugged at our heart strings. But now, 403 days later, we've grown numb to the devastation that is Haiti. Just like we've grown numb...

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