Housing Feed

Credit bureaus to remove most medical debt from credit reports

Equifax, Experian, and TransUnion, the three major credit bureaus, are changing how they’ll treat the reporting of medical debt. Nearly 70 percent of it in collections will be removed from credit reports. Paid medical debt will be erased and any new medical debt won’t be included in credit reports for a year. Read more →


The best states to retire in 2022

It’s a question that comes up frequently these days. Where’s a cheaper place to live? Using safety, affordability, quality of life, health-related factors, and more than 40 other categories, WalletHub, a personal finance website, compared the 50 states to help retirees find the best way to retire. Read more →


Best wishes on Martin Luther King Jr. Day

Martin Luther King Jr. was such a transformational leader. Over the years, I’ve written more than a dozen articles for Martin Luther King Jr. Day. They included his most famous quotes, how a day to celebrate King was finally approved, and how it’s a day of service, not a day off. Read more →


Credit bureau complaints jump to more than half of those filed with the CFPB

Hundreds of thousands of consumers are having problems getting credit bureaus to correct their credit reports, an analysis by the Consumer Financial Protection Bureau shows. Consumers submitted more than 700,000 complaints to the CFPB about Equifax, Experian, and TransUnion from January 2020 through September 2021. Read more →


Drain pans in gas furnaces recalled by Goodman Manufacturing due to fire hazard

Goodman Manufacturing Co. is recalling about 298,300 evaporator coil drain pans installed with residential condensing gas furnaces in the United States and about 44,000 in Canada. The molded plastic drain pan can overheat, melt, and deform, posing a fire hazard. Read more →


Learn about senior financial abuse during National Family Caregivers Month

Up to five million older Americans are abused every year, and the annual loss by victims of financial abuse is at least $36.5 billion. A guide to help family members and friends of people living in nursing homes and assisted living learn how to prevent and report elder financial abuse is available from the CFPB. Read more →


Watch out for timeshare exit companies that make your timeshare problems worse

We’ve all seen the TV ads, especially late at night, when the rates are cheaper. A guy says he can solve consumers’ timeshare problems and get them out of their contacts. If the exit company can’t get the contract canceled, he says, no worries, his company offers a money-back guarantee. Read more →


Wells Fargo fined $25 million for failing to pay back customers

Wells Fargo has been fined $250 million by the Office of Comptroller of the Currency, which said the bank didn’t pay back customers who were charged excessive or improper fees. “Wells Fargo has not met the requirements of the OCC’s 2018 action against the bank,” said Acting Comptroller of the Currency Michael J. Hsu. Read more →


Survey: 9 in 10 Americans say they’ve experienced inflation, shortages as economy reopens

As covid-19 restrictions were lifted and the economy continued to reopen over the past three months, most Americans say they’ve been impacted in the marketplace, according to survey for Consumer Reports, a consumer testing and advocacy organization. Read more →