Originally posted on CNN

 

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With unemployment still at a severe high, a majority of states have drained their jobless benefit funds, forcing them to borrow billions from the federal government to help out-of-work Americans.  Read More →

Washington, DC — The Consumer Federation of America (CFA) has  released information to help consumers decide whether to opt-in to bank overdraft fees for debit card purchases and ATM withdrawals. CFA updated a survey of the largest fifteen banks’ overdraft fees and limits, reviewed bank overdraft opt-in forms, and calculated the total cost... 

In a major victory for consumers in Connecticut, Hartford has agreed in federal court to  reform its towing policies, reducing the amount towing victims have to pay, and requiring Hartford Police officers to finally follow their long-standing internal towing policies. Without admitting any intentional wrongdoing, Hartford officials went into federal... 

The Senate faces some weighty issues when it reconvenes this week. Health care. A jobs bill. The debt ceiling.  Read More →

The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.  Read More →

Several sticking points need to be hammered out if Senate leaders are to succeed in bringing a compromise Wall Street reform bill to the floor this week.  Read More →

The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.  Read More →

People who are denied credit or a job because of their credit history may soon be able to get their credit score free of charge, thanks to an amendment passed by the Senate Monday evening.  Read More →

The Minneapolis Star Tribune is reporting that some people are going to prison for their debts despite the fact that debtors’ prison are not allowed. In a powerful story by reporters Chris Serres and Glenn Howatt, the two explain how debtors can end up in jail in some states where creditors rule.  Read More →

With a weekend push from President Obama and the SEC charges against Goldman Sachs in the background, Democrats plan to start debating the Wall Street reform bill in the Senate this week, even as Republicans continue to say they oppose the bill.  Read More →

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