Tuesday, July 22 2014 9:17 PM EDT2014-07-23 01:17:20 GMT
(Source: Tuskegee University)
Crews are currently working to improve four student residences at Tuskegee University. The university began renovation to Banneker, Bethune, Douglass and Young Halls in May. The upgrades are expected toMore >>
The university began renovation to Banneker, Bethune, Douglass and Young Halls in May. The upgrades are expected to be completed by the Fall 2014 semester.More >>
Tuesday, July 22 2014 8:53 PM EDT2014-07-23 00:53:02 GMT
Firefighters and local authorities are heartened by weather forecasts that call for continued cooler temperatures and higher humidity as they battle a destructive wildfire that has charred hundreds of square miles...More >>
A destructive wildfire in Washington state has grown slightly but firefighters have made progress in their efforts to get it under control.More >>
Tuesday, July 22 2014 8:32 PM EDT2014-07-23 00:32:17 GMT
A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing subsidies for many low- and middle-income people who have bought policies.More >>
President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.More >>
Tuesday, July 22 2014 7:41 PM EDT2014-07-22 23:41:37 GMT
Israel bombed five mosques, a sports stadium and the home of the late Hamas military chief across the Gaza Strip early Tuesday, a Gaza police official said, as the U.N. chief and the U.S. secretary of state...More >>
A Hamas rocket exploded Tuesday near Israel's main airport, prompting a ban on flights from the U.S. and many from Europe and Canada as aviation authorities responded to the shock of seeing a civilian jetliner shot...More >>
PHOENIX (CBS5) -
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."