The Consumer Financial Protection Bureau (CFPB) released a report today on bank and credit union overdraft practices that raises concerns about whether the overdraft costs on consumer checking accounts can be anticipated and avoided. The…
By: Barbara Nagy Health care reform, new Wall Street regulations and outrage over large pay packages are likely to put pressure on compensation for health insurance executives. But it doesn’t seem to have happened yet….
The General Assembly enacted a critical law for condo owners that requires banks to reimburse condo associations for maintenance in case of foreclosures. The reason the bill was critical because two judges had ruled that…
Selling or donating your timeshare, or hoping to land a great deal on a vacation getaway? You might be particularly vulnerable to certain scams, Connecticut Department of Consumer Protection Commissioner William M. Rubenstein and Attorney…
Chrysler is recalling 630,300 newer-model Jeep SUVs for defects. “Some 409,200 Jeep Compass and Jeep Patriot SUVs from model years 2010 to 2012 will be recalled because a software glitch may delay deployment of side…
As part of the Federal Trade Commission’s ongoing crackdown on payment processors that turn a blind eye to fraud, the agency sued a payment processing business that allegedly assisted and facilitated a telemarketing credit card…
Chrysler Group, in a rare challenge, is refusing a National Highway Traffic Safety Administration request to recall 2.7 million Grand Cherokees and Jeep Libertys. NHTSA claims that the gas tank design used in 1993 to…
Written By: Susan Campbell Boomers have always been an impressive bunch. After going to Woodstock together (or pretending to), they marked each milestone as a loud, unwieldy group. And now? They’re aging together, in such…
Ford Motor says it is recalling 465,000 cars due to a fuel leak that poses fire risks. Ford says the recalls involve all 2013 models including the Explorer, Taurus, Fusion, Flex, Interceptor Utility and Sedan,…
The New York Attorney General claims there is evidence that Bank of America, Wells Fargo and other banks violated the terms of a settlement designed to end mortgage servicing abuses, according to Reuters. Attorney General…
By: Lisa Chedekel Three nursing homes in southeastern Connecticut face state fines of more than $1,000 for lapses in care cited by the Department of Public Health. • Kindred Nursing and Rehabilitation Crossings East of…
Getting a mortgage today is difficult enough without your bank stabbing you in the back. That is what happened to Lee and Sharon Hunt of Middletown. The couple had excellent credit ratings until their bank,…
Katrina Sutton of McDonough, Ga., stands outside the World Finance storefront where she took out an installment loan in August 2009. (Erik S. Lesser/EPA for ProPublica) by Paul Kiel This story was co-produced with Marketplace….
A company that allegedly misrepresented the minutes provided by its pre-paid calling cards will be barred from making such deceptive claims under a settlement with the Federal Trade Commission. According to the FTC’s complaint, filed…
The Department of Consumer Protection is issuing a reminder to consumers who plan to hire a home improvement contractor in upcoming weeks and months. “Whether you are looking for design improvements to your home…
Written By: Lisa Chedekel Last summer, the state Department of Public Health fined a Danielson nursing home $580 after a resident whose feet were not properly secured to a wheelchair suffered a hip fracture. This…
Written By: Lisa Chedekel Two decades after New Haven’s English Station power plant stopped producing energy for United Illuminating, state officials have ordered the owners to conduct a massive clean-up of the property, which is…
Whether you have health insurance or not, you could save lots of money on generic medicine by being a smart consumer. Consumer Reports secret shoppers contacted more than 200 pharmacies around the country for pricing…
Written By: Susan Campbell Last month, a New York judge struck down New York City’s ban on sugary drinks in containers larger than 16 ounces. Soon after, former vice presidential candidate and reality television star…
Have you ever thought about saying “no” when a store clerk asks for your ZIP code after you paid for merchandise with a credit card? According to a consumer column at CNBC, you will end…