Loan Modification

Payday lenders are corporate loan sharks
A big part of the payday lending story that somehow does not get much play is the comparison to the loan sharks of the past and the historical animosity towards usury. The Salt Lake Tribune has a good story of the dangers of predatory lending, but even better is that it brings up these points...

Conflict of Laws- What Law does Apply to Internet Payday Loans
Regarding payday loans offered to consumers via the Internet: If we have a California deferred presentment license authorizing us to conduct a payday loan business and a consumer from let us say Delaware happens upon our web site and applies for a payday loan where does the loan transpire when: 1) We have a physical location in San Diego 2) Consumer resides in Delaware, or GA, or TX or...

Attorney Sues Americash for PayDay Loan Hell
i>Chicago, IL: Out of control payday loans can feel like a kind of purgatory-where borrowers swim as fast as they can but still find the shoreline getting farther and farther away. In the state of Illinois, the attorney general's website specifically warns consumers about payday loans and advises them to consider all other possible options for entering into a payday loan agreement...

National Consumer Law Center Issues Report on Alternatives to Payday Loans
Some banks and credit unions offer "alternatives" to payday loans that are sold as better deals for consumers than what is offered by store-front payday lenders. The National Consumer Law Center has just issued a report on the topic --...

Payday lending interest rates forced down in Ohio
On Monday, Ohio Governor Ted Strickland signed a law capping payday loan interest rates at 28% and limiting borrowers to 4 payday loans per year. Previously, payday lenders would charge interest rates close to 400%...

In trouble with an internet payday loan Change banks.
Nathalie Martin at Credit Slips reports that many internet payday loans are illegal and therefore unenforceable. But they can be a big problem, since most automatically deduct their fee from consumers’ bank accounts and roll over without warning...

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Mitchell Report Summary
Report on Steroid Drug Use in Major League Baseball by Senator George Mitchell

The Mortgage Forgiveness Debt Relief Act
Phantom Income Relief on Debt Cancellation

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Ohio Health Centers
Ohio Health Centers Sued for Improper Billing

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Major Egg Producers
Class Action Filed over Alleged Price Fixing

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

Bank Website Security
New Report Finds Widespread Flaws

Operating Room Fires
Hundreds Injured During Surgery, New Report Shows