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Easy Money and Bad Credit Loan Brokers Nailed by FTC

A lead generation company that collected sensitive information from millions of consumers under the guise of connecting them with lenders will pay $1.5 million in civil penalties and face restrictions on their operations as a result of a Federal Trade Commission lawsuit. The FTC’s complaint alleges that since at least 2012, ITMedia Solutions LLC, a … Read more

Jasmina Wants a Debt Consolidation Loan After Paying For Four Funerals

Jasmina “Dear Steve, I have $46,000 in debt. Three are personal loans and four are credit cards (reason: in last two years I had four deaths in my family, funeral expenses). I don’t have any late payments and all my accounts are current. Is there anyone who offer consolidation loan for so high amount of … Read more

Banks in the UK Force The Sale of Homes Over Credit Card Debts

Banks and credit card companies are exploiting obscure legal powers to seize the homes of thousands of people who cannot pay their credit card bills. In some cases, people owing as little as £1,000 have been served with charging orders – the legal instrument enabling a creditor to order the sale of a property. The … Read more