New Jersey passes bill to screen board of education members

Feb 22, 2011 Matt Roesly

The New Jersey state legislature unanimously approved a bill that will require all Board of Education members in the state to undergo a background check. The bill, which passed 76-0 with one abstention, will make screening mandatory for anyone


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Banks are softening interest rates on credit cards

Feb 22, 2011 Brian Bradley

In what is expected to be hailed as a victory for consumers, the Consumer Financial Protection Bureau announced this week that the nation's leading credit card companies have slowed the speed at which they raise interest rates on credit


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Virginia approves auto title lending to out-of-state drivers

Feb 22, 2011 Brian Bradley

In a vote that was met with plenty of hand-wringing on both sides of the aisle, the Virginia House of Representatives passed a bill on Monday that would reinstate auto title lending in the commonwealth by a 51-47 vote, the Washington Post reports.


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Bill may limit debt collectors'' ability to conduct ''robocalls''

Feb 22, 2011 Kyle Duncan

Many debt collectors employ the traditional practice of personally calling individuals or knocking on their front doors, but a new method increasingly used by collectors is under fire from the Federal Communications Commission. According to


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Credit card delinquencies plummet from 2010 levels

Feb 22, 2011 Brian Bradley

In a sign that consumers are becoming more wary about their credit reports and their personal spending levels, the national credit card delinquency rate fell sharply between the fourth quarter of 2009 and the same time last year. The observation


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