A Bill on the floor of Congress proposes to amend the Fair Credit Reporting Act with respect to the responsibilities of furnishers of information to consumer reporting agencies.  The Bill would change the way credit scores are calculated—to include non-loan payments such as rent, utility and cable bills.  The Bill seems to be gaining momentum […]

Consumer Reports describes extended warranties as “cash cows” for their vendors because they bring in far more money than is ever paid out in claims.  According to Eric Evarts, associate autos editor at Consumer Reports, “Dealers and automakers sell extended warranties to make money. The consumer is only at a disadvantage with these things. They […]

The same question comes up every year at this time… “Should I file my taxes early?” The IRS started accepting and processing federal tax returns, for tax year 2013, on January 31st.  Like most things, there are pros and cons.  Let’s take a look at some good and bad things when it comes to filing […]