Tuesday, July 29 2014 10:58 AM EDT2014-07-29 14:58:48 GMT
The NCAA has agreed to settle a class-action head injury lawsuit by creating a $70 million fund to diagnose thousands of current and former college athletes to determine if they suffered brain trauma playing...Full Story >
The NCAA agreed Tuesday to settle a class-action head-injury lawsuit by creating a $70 million fund to diagnose thousands of current and former college athletes to determine if they suffered brain trauma playing football,...Full Story >
Some of America's largest banks are under investigation again.
This time they're accused of bad bookkeeping, that may have cost credit card customers millions of dollars.
Bank of America, JPMorgan Chase, Citigroup and Wells Fargo are the subject of an investigation to determine whether the banks helped debt collectors pursue bogus judgements against credit card holders, according to an article from Reuters.com.
The nation's biggest banks are accused of poor record keeping, failing to provide accurate information to collection agencies, and not providing evidence that the borrowers owed money.
John Fisher is a senior vice president with Money Management International, a nonprofit organization that helps people in debt.
He says said that debt collectors will often put a lot of pressure on people to pay up, so it's not unreasonable to think that some consumers will pay money they don't owe just to make the collectors go away.
"Just the effort for consumers to learn what their rights are, and then go pursue their rights is challenging for them," said Fisher. "In some cases they simply make the decision that this is too much for me, and they are just going to pay it even when they don't need to. That might be their best economical decision, even when its not the right one."
Monday, July 28 2014 6:12 PM EDT2014-07-28 22:12:32 GMT
Damage was reported in several areas of Highland County Sunday night after a strong storm went through the area. According to the National Weather Service, numerous trees and power lines were blown downFull Story >
Damage was reported in several areas of Highland County Sunday night after a strong storm went through the area.Full Story >