Hearing discusses car dealer abuse of servicemen

Aug 09, 2011 Brian Bradley

As a result of the growing auto financing issues facing U.S. military members, the Federal Trade Commission held a hearing this week in San Antonio, Texas, in an attempt to rectify the concerns, iWatch News reports.Dealers tend to target members


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Ally displays auto financing gains

Aug 09, 2011 Brian Bradley

J.D. Power's annual dealer satisfaction survey revealed one company that has made huge strides over the past year, Automotive News reports.Ally Financial finished dead last in last year's survey but showed "dramatic improvement"


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Financial institution selling consumer data to merchants

Aug 08, 2011 Brian Bradley

According to a recent study by an industry group, the retail sector is seeing its lowest rate of job applicants in years.The most recent Kronos Retail Labor Index showed that the ration of hires was at 3.7 percent in the month of June. And


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Federal Trade Commission enforces Dodd-Frank Act

Aug 08, 2011 Brian Bradley

Federal Trade Commission enforces Dodd-Frank Act

Individuals that are denied bank loans or whose credit line and interest rates have been adjusted will now have access to detailed explanations as to why from their lenders, the Daily Finance reports. The Dodd-Frank Financial Reform Act, which


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Romanian thieves steal money using Dunkin' Donuts gift cards

Aug 08, 2011 Brian Bradley

Romanian thieves steal money using Dunkin' Donuts gift cards

Two visitors from Romania accumulated a 70-count indictment for reconfiguring Dunkin' Donuts gift cards to act as credit cards, The New York Times reports.Daniel Gheorghe and Ionel Cristian Popa swindled more than $17,000 from a Chase bank


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