Personal Finance

More than 1,400,000 people filed for bankruptcy in fiscal year 2011. According to a recent study, Blacks are about twice as likely as whites to have to deal with the more costly form of consumer bankruptcy. This is regardless of income, home ownership, assets and education. 

The U.S. Justice Dept has sued a big company alleging the NY-based lender discriminates against Hispanic and African-American customers.

Data from up to 1.5 million credit and debit cards from all major card brands may have been stolen in a data breach at Global Payments Inc.

Struggling to pay employee pensions, local governments are increasingly borrowing money to cover their obligations.

The cost of going to college has risen 15 percent in just a generation. The average cost of a four year college degree is $22,300. However, there are some ways to lower the cost of going to college.

President Barack Obama wants to significantly lower the top corporate income tax rate to 28 percent as part of a broad overhaul.

The term “bankruptcy” brings fear to many. But are the fears warranted or unfounded? There are many misconceptions about the process of filing bankruptcy and sometimes it's not as bad as it seems.

More than 40 states signed on to a proposed settlement with major mortgage servicers. California and NY were not among them.

The U.S. job market strengthened at the start of the year as employers added an unexpectedly large number of new jobs.

When you have a home or auto loan that isn't working out as well as you would like it to, you can always refinance that loan to get terms that better meet your needs. However, refinancing is not something to take lightly, given that it has some financial costs and can affect how much it will cost you to repay the duration of your loan. Consider several key pieces of information to make your decisions related to refinancing your mortgage or car loan.