10 Things to Know About Payday Lending
Payday loans are short-term loans for immediate cash, typically secured by a borrower’s written check or authorization for automatic withdrawal from the borrower’s bank account. Many payday lenders...
View ArticleInternet Payday Lending: A New Era
Internet payday lending has increased significantly over the last decade and the industry continues to evolve to skirt state regulations. Payday lending is a predominately state regulated field and the...
View ArticleHome Affordable Modification Program (HAMP)
If you are struggling to make payments on your home, then you should know about HAMP. One of the federal government’s flagship programs to help struggling homeowners is the Home Affordable...
View ArticleMore tips for filing a consumer complaint
A few weeks ago my colleague Mary Sue Greenleaf wrote a post about filing consumer complaints with the Colorado Attorney General’s office. This post is intended as a supplement to her post and will...
View ArticlePredatory Lending
Buying a home is one of the biggest financial transactions most people will ever enter into. Because of the complexity and size of these transactions, however, many homebuyers lack the information...
View ArticlePayday Lending
Watch to learn about the pros and cons of payday lending. http://www.youtube.com/watch?v=EKDlZeMGC4U
View ArticleThe Pros and Cons of Prepaid Cards
Increasingly, consumers are leaving traditional banking avenues and moving towards alternative sources of money management such as prepaid cards. According to Nilson, “the top 50 largest US Banks and...
View ArticleCFPB warnings regarding college-sponsored accounts
Today, the Consumer Financial Protection Bureau (CFPB) released a report raising new concerns about costly fees and risky features often related to certain college-sponsored accounts. The Bureau’s...
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