Pay day loans are claimed to carry too high a price for anybody to pay. The few alternatives to payday advances, and the alternatives can really be more expensive. Making minimum payments on charge cards could be far more costly within the long run than any payday loan ever could be. A cash loan on ...

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Mortgage rates being slow doesn't make for a booming housing market. However, record-low mortgage rates and a real estate slump that is driving down home prices present unique opportunities, even for individuals whose mortgages are under water. Since prices of homes are as low as mortgage rates are, short term losses are taken by many ...

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Debt collection has been a growth industry thanks to the Great Recession. Creditors are unloading debt to collection agencies for pennies on the dollar. On consumers, collection agencies are coming down even harder. About collection agency harassment, there have been more consumer complaints. Courtrooms are being swamped by law firms using debt collection software. But ...

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A pilot program intended for banks to provide alternatives to payday loans has been developed by the Federal Deposit Insurance Corporation (FDIC. The final results of the small dollar loan pilot program started in 2008 were released by the FDIC in a report June 24. The FDIC determined the program was successful. Nevertheless, bank parameters ...

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Payday loan companies like Cash Store have been facing many legal opposition in their quest to provide extra cash loans for consumers. Much of this has come from consumer interest groups with lobbyist connections to some elected officials. They claim to represent the best interests of consumers in their opposition to such outlets as CEO ...

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