Loans by mail: Before you sign on the dotted line

Loans by mail: Before you sign on the dotted line

The bills are piling up and stress is mounting. Then, the mail is delivered and there’s a check for $3,000 from a legitimate financial institution. The process is simple: sign the check, deposit it into a checking or savings account and make low monthly...
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...
Student Loan Debt: Too Big To Fix?

Student Loan Debt: Too Big To Fix?

(Story by CJ McKinney) By the end of 2013, US Student loan debt totaled $1.08 trillion dollars. US Department of Education statistics reveal that about 40 million Americans are currently carrying some form of student debt. That’s more than the population of...