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Consumer Fraud Forum Blog

The True Cost of Payday Loans

POSTED: William PinilisJune 16, 2016 at 12:00 PM / Predatory Lending, Debt Collection

Earlier this week, we highlighted a major problem faced by many Americans: debt. Today, we’re showing you just how damaging debt can be.

Stronger Military Lending Act Provides Better Protection

POSTED: William PinilisJuly 27, 2015 at 9:47 AM / Consumer News, Predatory Lending

The Defense Department closed some loopholes in the Military Lending Act that protects serving men and women and their families from predatory lending practices. The final version of the Act covers payday loans, vehicle title loans, refund anticipation loans, deposit advance loans, installment loans,...

FTC Cracks Down on Massive Payday Loan Fraud Scheme

The Federal Trade Commission has banned several payday loan operators from the consumer lending business after exposing them in a scheme that bilked millions of dollars from people trapped into unauthorized loans.

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