predatorylending

    By The Associated Press

    | 1:57PM 1/23/2012
    The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent to state officials for review.

    By Sheryl Nance-Nash

    | 6:30AM 8/10/2011
    If you're strapped for cash and need money quickly, an online payday loan can be tempting. But these high-interest loans can lead to financial trouble. Here are some tips on selecting a provider, as well as some alternatives to payday loans.

    By Fruzsina Eordogh

    | 2:30PM 3/05/2010
    Many people seem to be confused about my last post about Sallie Mae and student loans. I am not asking for a hand-out. I am asking that loans with interest rates above 7% (I will even concede to 8%) be deemed illegal. You heard me: ILLEGAL. There is absolutely no good reason why any loan taken...