There is nothing positive about negative amortization.
These loans have more than one name. A popular name is “payment options” loans. But they all have one thing in common: The minimum monthly payment is not enough to cover the …
Federal Government defends lax rules for national banks
in Massachusetts, state law prevents banks from charging prepayment penalties on your mortgage after one year if you sell your house and after three years if you are just refinancing.
“Car Title” Loans latest Scam
The CFA found that monthly finance charges on these loans were as high as 25 percent per month. Annual rates are usually not posted because they are unbelievably high. The Mafia would be …
Credit counseling for bankruptcy can be free.
Only one of seven agencies surveyed told potential clients that the credit counseling fee could be reduced or waived, depending on their income.
Tired of getting those “preapproved” credit card offers?
The FCRA also provides you the right to “Opt-Out”, which prevents Consumer Credit Reporting Companies from providing your credit file information for firm offers of credit or insurance that are not initiated by you.