Fred Williams

Fred O. Williams is senior reporter for CreditCards.com. A business journalist since 1987, he writes about consumer financial issues from Washington, D.C. His work has appeared in USA Today and Kiplinger’s Personal Finance magazine.

Posts by Fred Williams

Living with credit, Protecting yourself, Research, regulation, industry reports

BofA’s Privacy Assist: Recurring charge customer paid $700 for 7 credit alerts

After his mother was diagnosed with a mild cognitive impairment, Craig DeLue started checking her finances. The northern California resident was puzzled by a $12.99 charge deducted from her bank account for something called Bank of America Privacy Assist. “She…
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Fine print, Protecting yourself

Why I opted out of credit card arbitration – and you should too

When I signed up for my Citi Double Cash card, I was torn. I liked the 2 percent reward rate, without the headaches of a points system. But Citi is one of those cards that requires you to sign away…
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Living with credit, Research, regulation, industry reports

CFPB’s complaint system makes friends and enemies

Capt. Will Jamison is in the minority of Americans who know about the Consumer Financial Protection Bureau. As a judge advocate at Ellsworth Air Force Base in South Dakota, he called the consumer watchdog agency to get help for a…
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Fine print, Living with credit, Protecting yourself, Research, regulation, industry reports

1099-C rule change is good news for debtors

This tax season, there’s good news for people struggling with debt. Under a new IRS rule, people will no longer be squeezed for taxes just because an old debt has gone unpaid. Before coming to that, however, some bad news:…
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Fine print, Protecting yourself

As rates rise, take a fresh look at your credit card statement

Interest rates on credit cards are going up, making this a great time to get reacquainted with the monthly account statement. If you’re like many people – even some of my co-workers at CreditCards.com – you haven’t looked at the…
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