Cleveland has lowest ATM fees in nation

Cleveland may top the rankings in surveys it doesn’t want to top like poorest city, but there is one survey we’re tops in and it’s a good thing for consumers. Bankrate says Cleveland has the cheapest ATM rates in the country, even though nationally ATM surcharges hit a new high for the seventh consecutive year.…

Airline passengers get more rights on Tuesday

Airline passengers will have new rights starting Tuesday.  It will affect international flights, compensation if you’re bumped from a flight, and fees will be more clearly disclosed. Consumers will gain even more protections at later dates. If you are taking an international flight, the airline will face big fees if you sit on the tarmac…

Housing market dips but closing costs on the rise

One of the worst parts of having a loan you’re not happy with, is paying for closing costs to re-figure your loan. Bankrate found the average origination and title fees are up 8.8% from a year ago. On a $200,000 mortgage, the average fees are $4,070. You’ll pay the most in New York at $6,183.…

Millions coming to some former Countrywide customers

Almost  $108 million dollars will be mailed to homeowners who were allegedly overcharged by Countrywide Home Loans. The Federal Trade Commission expects to mail 450,177 refund checks. The checks are part of a settlement between the FTC and Countrywide over allegations the company collected excessive fees from borrowers struggling to hold onto their home.  Refunds…