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Written by admin on July 23rd, 2010

Banks Considering Offering Payday Loans

In a somewhat surprising move, banks are considering expanding their loan offerings to include payday loans. It is surprising because companies offering this type of loan have been under scrutiny and a lot of criticism for charging exorbitant interest rates for payday and Refund Anticipation Loans (RALs).

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Written by admin on March 10th, 2010

Predatory Lending Leads to Foreclosures

As more and more consumers face foreclosure there are disturbing stories coming to light. It seems that some people are losing their homes after agreeing to a series of refinancing arrangements that were almost sure to lead to eventual eviction.

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Written by admin on January 17th, 2010

Be Wary of Debt Consolidation

“Debt consolidation” almost seem like magical words because they imply rolling debt into one manageable total with an affordable payment. But is that always true? The answer is: maybe.

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