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