If you’re filing bankruptcy, then chances are you may may have taken out a payday loan recently, according to a “Do Payday Loans Cause Bankruptcy?” by Paige Marta Skiba of Vanderbilt Law School and Jeremy Tobacman from the University of Pennsylvania. In theory, I have no problem with the concept of payday loans. It’s nice [...]
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New rules prohibiting unfair collection acts and practices will go into effect in 2010. The Federal Reserve Board announced last Decemberthe approval of these new rules to better protect credit card users. In the meantime,credit card companies are positioning themselves to try tolessen the impact on them of the new rules. For instance, credit card [...]
