Dear Consumer Ed: I'm in grad school and had some medical care that I was told was covered by my insurance. The insurance company wouldn't pay and now the doctors say that it's been turned over to a collection agency and there's an additional 38% fee. That's another $400. Is that legal?  ... [More]

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Dear Consumer Ed: My daughter wants me to co-sign a loan for a car. If she is late on a payment, will this affect my credit, as well as hers? Consumer Ed says: Yes, when you co-sign on a loan, of any kind, both you and the borrower put your credit scores at risk.  If your daughter is late or... [More]

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Dear Consumer Ed:  Can a mortgage company call your neighbors when you are late on your payment and ask questions about you?       Consumer Ed says:  It depends on what you mean by “mortgage company”—whether that company that is your mortg... [More]

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