Monthly Archives: November 2011

Consumer advocate Harvey Rosenfield takes on health insurers

Consumer advocate Harvey Rosenfield takes on health insurers Rosenfield, who used Californias initiative process to regulate auto insurance rates more than two decades ago, is preparing a new initiative that would force health insurers to get state approval before they … Continue reading

Posted in Auto Insurance | Tagged | Leave a comment

Lost in Krappetown

Mr. Consumer#146;s five-year-old brand-name refrigerator has just stopped working. Mr. Consumer—a guy who looks a lot like me—is standing and staring in disbelief at the dead appliance. From his stunned appearance, one might easily assume that the poor fellow is … Continue reading

Posted in Extended Warranties | Tagged | Leave a comment

7 Ways Credit Unions Are Better Than Banks

As the Occupy Wall Street movement takes full swing, many Americans are expressing their anti-corporate sentiments by supporting local businesses and boycotting all types of consumer goods altogether. When it comes to money matters, you might have considered the real … Continue reading

Posted in Low Credit Score | Tagged | Leave a comment

Bad Credit and Living on Disability: Is a New Home Out of Reach?

Dear Credit Care, My credit scores stink — around 530 or 540. But Im currently living on federal disability of $1,716 per month. Thats an automatic payment every month until I die. Im 50 years old, and Id like to … Continue reading

Posted in Low Credit Score | Tagged | Leave a comment

Some lenders get too risky, Capital One Auto Finance chief says

Kevin Borgmann worries that cutthroat competition is leading some auto lenders to approve risky loans despite the lessons of the 2008-09 credit crisis. The president of Capital One Auto Finance said some lenders are still approving loans for subprime customers … Continue reading

Posted in Auto Finance | Tagged | Leave a comment

Price of car insurance rises a smidgen

~~lt;pgt;Auto insurance premiums for Hawaii motorists rose slightly this year from 2010, the state Department of Commerce and Consumer Affairs reported in its annual comparison of the states top motor vehicle insurers.lt;/pgt;lt;pgt;The average annual premium for someone with a clean … Continue reading

Posted in Auto Insurance | Tagged | Leave a comment

Everything You Need To Know About Warranties

As we hurtle towards Christmas at breakneck speed, the organized among you will no doubt already have your gifts purchased, wrapped and waiting for the big day itself. For the rest of us, it remains on our to-do lists as … Continue reading

Posted in Extended Warranties | Tagged | Leave a comment

Dealerships package billions of dollars worth of subprime auto loans into …

Auto loan financiers are beginning to adopt a practice from the housing industry that many say played a significant role in the meltdown of the housing market.< ?xml:namespace prefix = o ns = urn:schemas-microsoft-com:office:office /> Buy Here Pay Here dealerships … Continue reading

Posted in Automotive Credit | Tagged | Leave a comment

Brazil: Auto loans feel the heat

Brazil’s central bank has released figures for October showing the highest vehicle loan default rate in two years. As reported by Bloomberg: Default rates on cars, motorcycles and trucks in October rose to 4.7 per cent, the highest since September … Continue reading

Posted in Auto Finance | Tagged | Leave a comment

Pros and cons of certified pre-owned cars

Are you considering buying a certified pre-owned car? Sometimes the only way to get a fancy luxury or high-performance sports car is to wait a few years until the price has fallen to a more realistic level, rather than pay … Continue reading

Posted in Extended Warranties | Tagged | Leave a comment