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Only Half of Americans Have More Savings Than Credit Card Debt Stagnant incomes, long-term unemployment and high household expenses are among the factors hampering Americans’ financial progress, according to Bankrate.com. Slightly more than half of Americans (51 percent) have more emergency savings than credit card debt, according to a new Bankrate.com report. That is the lowest percentage since Bankrate.com began......

Medical Identity Theft Is On The Rise Identity thieves are increasingly looking beyond stealing identities to open credit card and other financial accounts. In recent years, using stolen identities to obtain medical treatment, prescription drugs and insurance reimbursements has become a growing trend. Medical-related identity theft reported in 2013 surpassed crime rates related to stolen banking, finance, government, military or......

Senate Bill Targets Data Brokers Legislators seek accountability from data brokers regarding the information they collect and sell, and aim to prevent brokers from identifying consumers who are financially at risk. On Feb. 12, Sens. Jay Rockefeller (D-W.Va.) and Edward Markey (D-Mass.) introduced legislation that would restrict data brokers from collecting or soliciting consumer information in deceptive ways, according to The......