There’s not a more uncomfortable phone call for a car dealership’s finance manager to make then asking a customer to come back to have their finance or lease contract rewritten. This is typically caused by sales managers — the people most despised by finance departments — who spot deliver a vehicle based on their wrong guess about the rate or term a lender would approve the deal. Needless to say, the vast majority of these rewrites result in a higher monthly payment for the customer. Read More >
If your college breaks the law, you should be able to pursue a legal action in court. But following the lead of banks, wireless providers, and cable companies some for-profit colleges have been stripping students of their legal rights and forcing them into arbitration. These schools should not receive federal funding, says one group of lawmakers. Read More >
Ride-hailing service Uber has agreed to pay $28.5 million to more than 25 million customers, and rename its so-called “safe ride fee” in order to settle a class-action lawsuit that the company misled consumers about its “industry leading” safety procedures.
The Associated Press reports that Uber agreed to the settlement, filed on Thursday in the United States District Court in the Northern District of California, to resolve a class-action lawsuit filed in 2014. Read More >
Capitalizing on deductions will lower your bill. Read More >