When searching for a place to live and roommates, it’s important to get accurate information. And reviews from platforms that can help you in your search need to be honest and trustworthy. But according to the Federal Trade Commission and six states suing Roomster and its owners, the room and roommate finder platform posted reviews […]
Does it matter that there are too many residential real estate agents? Yes, says a consumer group. More than 1.5 million residential agents, including brokers, compete for home sales usually totaling 5 to 6 million annually. The plethora of real estate agents comes with costs, according to a study by the Consumer Federation of America, […]
Photo: Filip Maljković American International Group is planning to curb homeowners insurance sales for owners at high risk of floods, storms, or wildfires in 200 zip codes across the United States, according to a report in the Wall St Journal. AIG is the third major insurer in recently to announce cuts to homeowners insurance. “AIG’s […]
It’s not surprising what last year’s top consumer complaint was. I’ve seen it many times as No. 1 on annual consumer complaint lists. It’s auto sales and repair. “Consumers rely on cars to get to work, school, doctors’ appointments and more,” said Erin Witte, director of consumer protection for the Consumer Federation of America. Complaints […]
Things are busy, here in my corner of the USA. I’m behind in reporting on what’s happening for National Consumer Protection Week. A lot of my time has been taken up since the first of the year taking part in the Dean Ornish heart health program. It ends Wednesday. I’ll be reporting on its many […]
Most landlords and property managers use tenant background checks to decide whether to rent to someone. Two federal agencies want to hear about your experiences with background checks used to screen tenants. The Consumer Financial Protection Bureau and Federal Trade Commission have received thousands of complaints about the background checks including people being rejected for […]
It’s the holiday season and Christmas Day will be here soon. For more than a year now, I’ve been writing a newsletter offering readers 10 money tips every week. The response has been very positive. I scour a variety of websites to look for the latest information to help consumers make wise financial decisions. I […]
Among the biggest news from last week’s recalls is a portable generator that can amputate fingers. Generac and DR 6500 Watt and 8000 Watt portable generators have caused 37 injuries, 24 resulting in finger amputations and five in finger crushing, according to reports to Generac. The problem is an unlocked handle can pinch consumers’ fingers […]
Have you been peeking? Checking your investments. Such fun. With just a click or two, you can see what’s up and what’s down. The bright green confirming your choices, stoking mirages of early retirement, days on the beach and freedom moving closer. The panicky red graphs conjuring temporary despair, years more of daily grind and […]
Slashing housing costs – a tale of two cities I was chatting with a neighbor here in Cleveland and she mentioned that a friend felt that he was shut out of the housing market due to rising prices. She leaned in for emphasis and added, “In fact, he got outbid by $25,000 on a house […]
