JPMorgan Chase Settles Lawsuit With CaliforniaOne of the nation's largest banks is agreeing to pay $100 million to settle a California lawsuit alleging it used illegal methods to collect debts from more than 125,000 credit card holders.
California Pays Off $15 Billion In Costly Debt From Schwarzenegger EraCalifornia is set to make its final payment on $15 billion in costly borrowing championed a decade ago by then-Gov. Arnold Schwarzenegger.
Gov. Brown Pitches Amnesty On Traffic Debt For PoorCalling California's traffic court system a "hellhole of desperation" for the poor, Gov. Jerry Brown is proposing an amnesty program for residents who can't afford to pay off spiraling fines and penalties that have resulted in 4.8 million driver's license suspensions since 2006.
Heald Students Left Wondering What To Do Next Following ClosureLocal students are left scrambling after Heald Colleges across California closed their doors with little notice.
U.S. Auto Loans Soar To Highest In 8 yearsU.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
Analyst: California Faces $340 Billion In Debt A new report says California state government faces $340 billion in debts, or more than $8,500 for each resident.
FTC Hammers California Debt Collectors Accused Of Extortion, Humiliating DebtorsThe debtor or a family member would often be told that if they don't return a call within two or three hours, they will be served to appear in court. In reality, the debt collectors were just that - not process servers or legal workers - and there was no lawsuit at play.
Report: California’s Actual Debt At Least $848B; Could Pass $1.1TThe combined debt of California’s state and local governments is at least $848 billion and could escalate past $1.1 trillion, according to a new report.
What To Do With Your Tax RefundMost tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
Call Kurtis: Debt Collectors Recorded Conversation And Twisted My Words!Debt collectors are taking your words out of context, to make it sound like you agreed to pay back the debt.
Opinion: The Fourteenth Amendment SolutionSpeaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.