Fees deducted from millions of consumer checking accounts are making legal and financial news in early 2016. Banks are reaping billions of dollars on just one fee: overdraft.
Our challenge this King holiday is to honor his memory by taking an active role in securing financial justice.
As holiday revelers toasted the season, a key federal regulator took two steps to ensure that 2016 would bring an important change for consumers harassed by illegal debt collector actions.
If we employ the steps necessary to build up our individual economic conditions, our families and our communities will prosper.
An old adage teaches that one man’s pain is another's gain. That adage is a truism when it comes to the debt collection industry.
An old adage teaches that one man's pain is another's gain. That adage is a truism when it comes to the debt collection industry.
If holiday lists seem bigger than budgets, turning to a high-cost, small-dollar loan can turn joy and merriment into a financial quagmire. The good news is that with a timely reality check, most consumers can avoid holiday financial nightmares.
Despite a landslide voter decision in 2008 to cap payday lending rates at 28 percent, the state's small-dollar, high-cost lending has continued to grow and now doubles the amount of fees charged a decade ago.
We need champions who will continue to advocate for the resources to enable the VA to complete the approval process in a timely manner across the country.
After more than a year of legal tap dancing by Corinthian Colleges, half a billion dollars of financial justice has been ordered for students who attended the now-defunct private college.
After more than a year of legal tap dancing by Corinthian Colleges, half a billion dollars or to be exact, $531,224,267 of financial justice has been ordered for students who attended the now-defunct private college.
Remedies needed to reduce $175 billion student loan delinquencies and defaultsAs the cost of higher education has risen, students and their families have increasingly turned to student loans to cover costs. What is less commonly known, however, is that millions ...
In recent weeks and in varying locales, the issue of redlining has led to lawsuits that have been challenged or settlements that avoided courtroom dramas.
With about 10,000 Americans turning 65 each day, many families are making decisions about elder care. Due to the complexity and importance of these decisions, elder-care planning should include working with financial and estate-planning professionals who are experts at protecting ...
Just like a bad penny that won't go away, new predatory products have emerged across the nation.