CFPB puts payday lending companies under the microscope

CFPB puts payday lending companies under the microscope

by Carol Thompson For those who run short on cash before the next paycheck arrives, payday lending companies can prevent financial hardship. Conversely, and according to some experts, the can often cause more hardship than they prevent. Known as predatory lending, the...
Income-driven student loan repayment plans not always a good thing

Income-driven student loan repayment plans not always a good thing

by Carol Thompson Thousands of people default on student loans each year when multiple high payments catch up to them. Subscribe in iTunes Thousands of others try the best to avoid default by entering into income-driven repayment plans. While it seems like the key to...
CNY couple sued by HOA over pickup truck move

CNY couple sued by HOA over pickup truck move

by Carol Thompson A Central New York couple who made national news when they were sued by their homeowners association for parking a pickup truck in their driveway has moved out of state. According to Syracuse.com, David and Arna Orlando have moved from Manlius, NY to...
American Arbitration Association revises construction rules

American Arbitration Association revises construction rules

by Carol Thompson The American Arbitration Association has revised the rules governing the construction industry, effective July 1, expanding the powers of the arbitrator and may alter traditional assumptions underlying the selection of arbitration as a dispute...

The arbitration tides are turning

by Carol Thompson Three recent cases show that federal policy favoring arbitration is not absolute, according to Lexology. The controversy over arbitration has been brewing since early spring when the Consumer Financial Protection Bureau (CFPB) issued a lengthy report...