California often has among the most beneficial laws for consumers. On July 1, these four bills will become law in the state: Capping security deposits — Until now, landlords have been allowed to require a security deposit equal to as much as three months’ rent. Instead of landlords being allowed to require a security deposit equal to as much as three months’ rent.
Consumers are in a poor position in the economy, because corporations spend so much on advertising and they donate billions of dollars to influence government to do their bidding making products and services more expensive and less safe. Now, the U.S. Supreme Court has made another decision that will reduce consumer “power” even more.
As with most holidays, you’ll find worthwhile deals around July Fourth. Sales have already begun, so start comparing prices. As always, you’ll avoid “marked way up and marked way down” if you check out prices. July Fourth sales usually continue until about a week after the holiday. Here are some items that are likely to be marked down:
Consumers are used to depositing their money in banks and savings associations, which are insured by the Federal Deposit Insurance Commission. However, some consumers are opening accounts these days with nonbank financial companies, usually online or through mobile apps, such as technology companies providing financial services.
It made me happy this morning so see so many loving stories about fathers on Facebook today, when Americans gather to celebrate Father’s Day or remember their dads who have passed away. Not everyone has positive memories of their dad and today may be a challenging day for them. Here are facts and figures for Father’s Day this year.
When I attended Washington State University in Pullman, Washington, during the 1960s, I took a class in consumer economics. It changed my life. I had gotten the idea from my dad about the importance of spending wisely, now here was a field of study and maybe a career in helping people make smart money choices.
Not surprisingly, auto sales and repair issues continue to perplex consumers. The Consumer Federation of America released its annual report surveying consumer complaints made to 33 state and local government agencies across the country.
A decrease in your credit limit can limit your purchasing power, which can hurt your credit score. However, it may also help you spend less and have less credit card debt. Credit limit decreases can also reflection either poor handling of credit or economic uncertainty, so large average decreases in a city might indicate that residents are in financial trouble.
When I’ve had a consumer complaint recently, several times the customer service representative has said to me “I’m sorry that you feel that way.” The “sorry,” but I’m not sorry response it like getting an emotional slap in the face. One time it happened when I didn’t get information about a credit union fee, and I also mentioned lacking customer service at a local branch.
