I have been on a rant lately and I do not see an end in sight anytime soon. I am hoping people will jump on the bandwagon with me and scream out ” payday loans, prisons and politicians must go!”
What in the world is going on?
Todays news really has gotten under my skin and I just needed to sit down and put it into words. Read more
I get asked at least once a day why our government does not do anything to regulate the payday loan industry in this country. It seems to have run wild with the amounts these companies charge and their general business practices. I answer this question with a question, Can you buy laws in America?
What is the meaning of that?
It is a simple question with a simple, but dangerous answer, and it is unfortunate that our government operates this way. Read more
Many debtors are considering debt consolidation as the silver lining in the low financial state they are currently experiencing. It does seem like a quick fix in solving multiple debts, but a deeper understanding will aid those who are contemplating on consolidating their loans.
Convenience of Making a Single Monthly Payment.
With multiple debts, you are faced with several payment dates every month. Read more
Evidence of deceptive, abusive and gross misrepresentation by debt collectors companies have been found in abundance with years of unsavory behaviors on record. As such, Fair Debt Collection Practices Act or FDCPA was passed by the Congress in 1977 to minimize the escalating cases of abusive and unfair debt collection practices in the country.
One of the most common concerns regards unpaid debts include the number of attempts collection agents can call regarding the owed money. Read more
Today, small and medium businesses find themselves in a tough position Many businesses have been severely restricted or cut off from their traditional sources of capital, while at the same time needing this capital due to a difficult economy. Commercial Banks and the Small Business Administration have tightened lending standards while many businesses credit has declined due to hard economic conditions. Read more