iPhone app iPad app Android phone app Android tablet app

Loren Berlin
GET UPDATES FROM Loren Berlin
 
Loren Berlin is a New York City-based reporter for The Huffington Post. She can be reached at Loren.Berlin (at) huffingtonpost.com, and on Twitter at @LorenBerlin.

Blog Entries by Loren Berlin

STUDY: One In Three Homeowners Owes Bank More Than Home Is Worth

(561) Comments | Posted May 24, 2012 | 5:14 PM

If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim picture. Nearly 16 million homeowners -- almost one third of all Americans who have a mortgage -- owe more to the bank than their...

Read Post

Holly McCall, Stay-at-Home Mom, Challenges Credit Card Rules, But Questions Persist

(195) Comments | Posted May 18, 2012 | 3:57 PM

Holly McCall, a 34-year-old mother of two from Vienna, Va., grabbed headlines last week with her fight for the right of stay-at-home mothers to open their own credit cards.

McCall argues that current regulations discriminate against a stay-at-home parent or anyone who does not have an income of...

Read Post

On Choosing A Money Manager, Your Instincts Are Probably All Wrong: Study

(54) Comments | Posted May 17, 2012 | 5:35 PM

When it comes to money, don't trust your gut. It'll probably be wrong, according to new research examining how people make investment decisions.

The study conducted by Warwick Business School, University College London and Dartmouth College looked at how facial appearances influence people's willingness to trust someone with their money....

Read Post

Higher One, Student Financial Aid Company, Under Fire For Charging Students Excessive Fees

(23) Comments | Posted May 9, 2012 | 5:14 PM

As student loan debt soars, so do profits at a little-known company that manages students' financial aid disbursements for some of the nation's largest public universities.

Higher One, a publicly traded company founded more than a decade ago by two Yale University undergraduates, Miles Lasater and Mark Volchek, disburses...

Read Post

JPMorgan Chase Whistleblower: 'Essentially Suicide' To Stand Up To Bank

(1333) Comments | Posted May 7, 2012 | 6:41 PM

When Linda Almonte alerted her boss at JPMorgan Chase about potential fraud in a major deal she was helping to close, she expected him to applaud her great catch.

Instead, he fired her.

"We went down fast," said Almonte, 41, about her family. She had been making $100,000...

Read Post

Anne Lenhart Arrested For Trying To Fill A Legitimate Prescription

(34) Comments | Posted May 7, 2012 | 3:41 PM

When you go get a prescription filled, you typically brace for a few bad outcomes: There's the possibility your insurance won't cover your drug or you'll have to wait a long time. Typically, the worst thing that happens to us is we waste a bunch of cash on chocolate bars...

Read Post

Facebook, Twitter Users More Likely To Be Customer Service Suckers

(2) Comments | Posted May 3, 2012 | 10:31 AM

Are you a social media fiend? More inclined to tweet or post to Facebook than pick up the phone or shoot off an email? If so, you may also be a bit of a sucker when it comes to customer service.

According to a new report from American...

Read Post

Get-Rich-Quick Scams: FTC Cracks Down On Companies That Defrauded 1 Million Customers

(9) Comments | Posted May 1, 2012 | 2:46 PM

In a major victory for consumers, the Federal Trade Commission announced on Tuesday that it won a hefty court judgment against four companies that allegedly defrauded 1 million consumers out of more than $450 million.

"The FTC believes that this is one of the largest consumer protection cases...

Read Post

Conair Mislabels Product, Causes Consumer To Have Allergic Reaction

(4) Comments | Posted May 1, 2012 | 9:53 AM

Sometimes, misleading marketing is annoying. Other times it's downright dangerous.

In March, Cristina Nathan-McAlister, 39, paid a hair stylist $100 to weave her hair in tiny braids. Because she is allergic to latex, Cristina asked to use hair bands she'd bought specifically because they were advertised as silicone. Nonetheless, within...

Read Post

KeyBank Agrees To Forgive Student Loans Of Christopher Bryski, Dead Rutgers Student [UPDATE]

(3252) Comments | Posted April 25, 2012 | 5:12 PM

Update: Thursday morning, Joseph Bryski -- who had cosigned the loan of his son Christopher, who died in 2006 -- received a letter from KeyBank stating that the bank decided to forgive his debt, according to an email from Christopher's brother Ryan Bryski to The Huffington Post.

Previously:

When...

Read Post

More Americans Can Afford Food, Medicine: Report

(7) Comments | Posted April 24, 2012 | 11:54 AM

In another sign that the economy is recovering, Americans' access to basic goods and services is improving, according to a new Gallup survey.

The percentage of Americans able to buy food, healthcare, medicines, safe housing or other basic necessities increased to 82.0 percent in March, up from...

Read Post

Burt's Bees, Tom's Of Maine Owned By Fortune 500 Companies

(102) Comments | Posted April 20, 2012 | 2:19 PM

If you've recently traded in your Colgate toothpaste for a tube of Tom's of Maine in an effort to be more environmentally friendly, your money is still going to the same company.

Tom's of Maine, a popular line of natural toiletries, is owned by Colgate-Palmolive -- a Fortune 500...

Read Post

Credit Cards For People With Fair Credit Ratings In Short Supply

(15) Comments | Posted April 20, 2012 | 11:37 AM

While the economy's fledgling recovery is reviving America's love affair with debt, many credit card companies remain surprisingly cautious in courting customers.

"Back during the boom years, pretty much every inch of the credit spectrum was being covered," said Ben Woolsey, director of marketing and consumer research at Creditcards.com,...

Read Post

Cleveland Foreclosure Crisis Gives Refugees A Fresh Start

(86) Comments | Posted April 19, 2012 | 8:30 AM

CLEVELAND -- Three-year-old Anish Rai can’t figure out how to work the screen door at his new home. He tugs once, but it doesn’t open. He tugs again, staring at the closed door until his mother shows him how to press down on the square lever. He has never seen...

Read Post

Gas Stations Are Paying Less, So Why Aren't You?

(35) Comments | Posted April 17, 2012 | 3:20 PM

On Tuesday, President Barack Obama will ask Congress to get tougher with speculators who are increasing the cost of gasoline by gambling on future oil prices. While Obama prepares his remarks, another battle over pump prices is under way between gas retailers, banks and credit card companies.

...
Read Post

Consumer Financial Protection Bureau Backs Down In Fight To Limit Credit Card Fees

(94) Comments | Posted April 12, 2012 | 6:12 PM

The government agency tasked with protecting consumers is backing down in its fight to limit credit card fees.

The Consumer Financial Protection Bureau, the federal watchdog for all things that affect consumers' wallets, has proposed doing away with an amendment to existing legislation that would limit the amount...

Read Post

TARP Bailout Money Fails To Reach Neediest Homeowners After Two Years: Report

(1747) Comments | Posted April 12, 2012 | 12:00 AM

A federal housing program funded with taxpayer money left over from the government's bailout of the banks and auto companies is failing to deliver on its promised relief to struggling homeowners.

The Hardest Hit Fund, a $7.6 billion initiative established by the federal government in February 2010 to help families...

Read Post

TurboTax Customers Say They Can't Access Tax Refunds

(12) Comments | Posted April 10, 2012 | 4:18 PM

As if filing taxes isn't already a pain, some consumers are facing another giant hassle: They can't access their tax refund.

Customers who filed their taxes using TurboTax software are flocking to the Internet complaining that refunds issued on the company's prepaid debit cards are inaccessible.

"I used my TurboTax...

Read Post

DirecTV Puts Man Through Hell Just To Get His Satellite TV Installed

(232) Comments | Posted April 9, 2012 | 4:27 PM

We've all been there. The company says it'll come at a certain time to set up your premium TV service. You reschedule your life so you can be home to meet the installers -- and then they're late.

In February when Richard Soto took the day off to wait...

Read Post

Car Prices Jump $2,000, As Hagglers Lose Leverage

(43) Comments | Posted April 6, 2012 | 10:44 AM

In the old days, we could tour a car lot, see the sticker price on a shiny new vehicle and feel confident about negotiating a better deal. But the opportunity to haggle down the price of a new car may be diminishing, according to TrueCar.com, an auto industry...

Read Post