U.S. fines Wells Fargo $70 million over mortgage practices

U.S. fines Wells Fargo $70 million over mortgage practices

The U.S. Comptroller of the Currency fined Wells Fargo Bank (WFC.N) $70 million on Wednesday over mortgage servicing but said it was ending business restrictions it had placed on the bank. According to the regulator, Wells Fargo made escrow calculation errors between March 2013 and October 2014 that in some cases led to incorrect loan […]
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5 Ways to Save Money at Best Buy

5 Ways to Save Money at Best Buy

For me, the closest Best Buy is a good 25-minute drive, and there are very few things I absolutely need today that can’t wait for two-day shipping. But sometimes, most often for video games, I “need” something that day, so visiting Best Buy b...
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You Won’t Believe How Much Banks Make in Overdraft Fees

You Won’t Believe How Much Banks Make in Overdraft Fees

The bank overdraft fee seems a bit like the financial equivalent of kicking a man when he’s down. Having to pay $35 or so because you don’t have enough money to cover a check you wrote is like having life hand you lemons — and then squirt lem...
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How Spoon University Navigated the Tricky Process of Raising Money as an Early Stage Startup

How Spoon University Navigated the Tricky Process of Raising Money as an Early Stage Startup

Diverging slightly from the popular startup narrative, Mackenzie Barth and her co-founder Sarah Adler aren’t college dropouts. Instead, they managed to start Spoon University, a food blog featuring student contributions, while at Northwestern University ...
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More Than Money: 4 Tips to Find the Right Investor for Your Startup

More Than Money: 4 Tips to Find the Right Investor for Your Startup

When you meet with investors, your first instinct is simple: Close the deal and cash the check as quickly as possible. After all, startups need money and investors have it, so why do anything other than convince them your business has a lot of potential but ne...
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Does Your Credit Card Company Love You?

Does Your Credit Card Company Love You?

Americans love credit cards. We love to use them to earn rewards, to transfer balances and much more. In fact, there were over 550 million credit cards in circulation, as of 2014, and that’s just the three major card providers. Have you ever stopped and aske...
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