A new report finds it’s hard for consumers using debt settlement firms to come out ahead.
The Consumer Financial Protection Bureau is suing a Georgia-based firm for allegedly churning out debt collection law suits.
Agency says ACE Cash Express pressured borrowers into taking out loans they couldn’t afford.
Their beliefs may not match up with their actions, but young adults are financially confident.
Mortgage debt is driving an increase in total household obligations, but more are paying on time.
A small provision in many private student loan contracts could result in big consequences.
Some consumers end up paying more in fees than the amount of money initially borrowed.
Lending money to family and friends? Make sure to follow these rules.
The economic outlook as measured by household balance sheets continues to improve.
Last-second resolution conferences will continue to benefit the collectors until consumers are made aware of their rights.