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Men plead guilty to credit card fraud

Jan 18, 2011 Brian Bradley

Men plead guilty to credit card fraud

Two men from California recently plead guilty to defrauding 200 people out of more than $90,000 as part of a credit card scam.The Martinez Gazette reports that David Karapetyan of Los Angeles and Zhirayr Zamanyan of Victorville were both sentenced


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Consumer bankruptcies climbed in 2010

Jan 18, 2011 Brian Bradley

While the economic recovery is helping many, there exists a significant portion of consumers still feeling the pain. That includes the 9 percent of consumers who had to declare bankruptcy in 2010, according to new data from the National Bankruptcy


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Research shows dip in consumer defaults

Jan 18, 2011 Brian Bradley

The increasing number of consumers aware that they must control their debt played a part in a decline in consumer defaults during December, according to new data from Standard & Poor's and Experian.Figures indicated respective dips


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Michigan housing agency responsible for lack of screening

Jan 18, 2011 Matt Roesly

The Michigan State Housing Development Authority was found to be in violation of a number of housing practices relating to a lack of background screening of former convicts and other questionable actions, the Detroit News reports.An investigation


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Auto loan rates continue to climb

Jan 18, 2011 Brian Bradley

Automakers hoping to capitalize on an improving economy may have a new enemy - auto loan rates. According to the Federal Reserve, the auto loan rate increased for the fifth straight month, reaching 4.63 percent in November. That is up from


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