All states have their own laws when it comes to repossession of automobiles, and it's important to know that it is allowed, as long as it's done peacefully, under Minnesota law. This is governed by Minnesota State Code Sec. 336.9. If you default on your car loan, that...
Chip cards, also known as EMV cards or smart cards, are the latest in the industry trend to fight identity theft. After a series of security breaches and data hacks, credit card companies began sending out cards with chips in them to prevent identity theft. Chip cards...
It's one thing to make a defective product, one that inherently puts people at risk due to a poor design or poor manufacturing. It's quite another to then try to cover up these defects so that sales aren't impacted -- and to avoid an expensive re-design -- which...
With Donald Trump's ascension to power in the White House, there has been and will continue to be a great deal of policy debate in the wake of the regime change. Many, of course, are uncomfortable with the direction Trump plans to take the country, and haven't been...
Some have said that few types of fraud are as old as marketing fraud. When a product is misrepresented to get sales, it can often constitute fraud. For example, selling sugar pills and claiming they're 100 percent guaranteed to cure a cold or warts or a fever is...
A class action lawsuit is one in which multiple consumers work together to start a lawsuit, striving toward a common goal that they all share. Even if the lawsuit is initiated by one individual, it can be brought on behalf of many -- potentially thousands -- of other...
Minnesota-based TCF National Bank is in hot water with the authorities, facing accusations of fraud. The Consumer Financial Protection Bureau has taken action to combat the bank's questionable overdraft program. An overdraft fee happens when a person accidentally...
The elderly are often targeted with scams and fraud. In fact, a study carried out by MetLife looked at the numbers from 2010 and found that those over the age of 59 lost a total of $2.9 billion that year alone. On top of that, the Federal Trade Commission looked at...
When was the last time you checked your credit report? Many people do not check their credit reports until they are attempt to get financing and find that credit is either denied or offered at less than favorable terms. Credit reporting errors can have significant...
When you're signing on the bottom line to buy that new car or truck, you're excited. You've probably spent weeks or even months researching to find the right vehicle, you've been getting your finances in order, and you're excited to finally take that vehicle home....