banks

Credit card banks know plenty about you -- but what do you really know about them? CreditKarma.com wants to give you the inside scoop on which cards cater to whom, so you'll be able to find the best fit for you -- and avoid having your credit report dinged by turn-downs.

Attitudes toward mortgage default are shifting in America. People who've never missed a payment on anything in their lives are walking away from underwater homes, even when they can afford their monthly payments, because staying doesn't make financial sense. But how good a business decision is a strategic default?

Five of the world's top central banks acted jointly Thursday to provide unlimited dollar loans to banks, a move aimed at easing the growing tensions in the eurozone's financial sector and shielding the global economy from its jitters. The European Central Bank said it will coordinate with the U.S....

In the last few years, outreach events by banks and nonprofits have been held all over the country, offering help to distressed homeowners. But even when they get personal invitations to these events, the vast majority of people who need mortgage modifications or short sales aren't showing up.

A year after the Federal Reserve enacted new rules to rein in abusive bank overdraft practices, fees remain high and some institutions actually have slapped on additional penalties, according to a new survey by the Consumer Federation of America.

Most Americans rely on other sources besides their savings accounts when hit with an unexpected expense, according to a poll by the National Foundation for Credit Counseling. The moral of the story? Americans need to save up more for emergencies.

Devon Fleming's casting call for her planned reality TV series, Wall Street Wives, attracted the media attention that producers relish, and hundreds of women responded. She allowed The Price of Fame to attend a recent audition, where we got a glimpse of the sort of drama the show might deliver.

Have you ever been turned down for a loan? Had your credit line slashed or interest rate bumped up? Well, starting Thursday, banks and other lenders will be required tell you a bit more about why. The FTC and the Fed are implementing a new rule requiring lenders to show consumers the credit score data they used to make their decision.

On Thursday, the Consumer Financial Protection Bureau officially opens for business. Even as the political fight continues over just how potent the agency will be, at root, its mission is to make clear the prices and risks of financial products and services. Here's where it will focus its early effort.

Banks received some long-awaited news last week: the Federal Reserve voted to cap fees charged to retailers on debit card transactions at roughly 24 cents per transaction, down from an average of 44 cents. Financial institutions had feared the Fed's initial proposal of a 12 cent cap would go...