How do you pick out a bank? It’s more difficult than it seems. Many people choose a branch near them. But, banks can have practices that are detrimental to consumers who want to spend money wisely. The Federal Deposit Insurance Corporation or FDIC has downgraded Transportation Alliance Bank or TAB Bank to “needs to improve,” […]
I’m now a T-Mobile customer. Darn. I switched because I was upset that Verizon wouldn’t give me a deal on a new iPhone and I wanted to be in a family plan with my grandson from Spain who’s going to college in Massachusetts. T-Mobile announced last week that its customer records have been hacked again. […]
I’ve written about it before, but it’s worth highlighting again. A Consumer Reports evaluation of peer-to-peer or P2P payment apps found that users could lose money to fraud or scams and face privacy risks because app providers may share their personal information widely and it’s difficult for users to delete their data. More than half of Americans, […]
One thing that financial writers recommend when you’re having money problems is to review your subscriptions. Sometimes subscriptions that you aren’t using anymore keep renewing or you didn’t realize you had signed up for one. “Negative option” programs include subscription services that automatically renew unless the consumer cancels, and trial marketing programs that charge a […]
Have you been frustrated because you’ve wanted to repair your electronics or appliances or find a less expensive place for repairs to be made other than through the manufacturer? Eighty-four percent of Americans said they agreed with a policy to require manufacturers to make repair information and parts available either to independent repair professionals or […]
My best wishes to you and your loved ones for 2023. On New Years eve, I wrote about the top consumer and personal finance stories of 2022. Inflation and higher interest rates topped the list, and I predict that those two issues will continue to confront consumers throughout the new year. My recommendations include: be […]
It’s time for my annual article on the top consumer and personal finance articles of the year. As usual, there aren’t many reporters covering this important topic. However, in addition to the best news, health, political, and science stories of the year, there’s a new category: the top climate change stories. Of course, climate change […]
Wells Fargo is at it again. It shows why consumers should be skeptical about trusting big banks. The repeat offender has agreed to a settlement that requires it to return more than $2 billion to consumers and pay a $1.7 billion civil penalty for legal violations across several of its largest product lines, the Consumer […]
On Tuesday, my new Apple desktop computer was delivered. I signed up for Best Buy’s Totaltech program, paying $200, because a tech would come to my house and install the computer. My iMac desktop is heavy and I didn’t want to lug it to Best Buy and also have to get a new heavy computer […]
Comcast is one of the companies that I dislike the most. I’m using polite language here because it’s the best thing for bloggers to do. I’ve had poor customer service many, many times, and one customer service manager used abusive language, calling me derogatory names. Another thing that irks me about Comcast is mandatory fees, […]