Dear Abby: In light of the recent headlines about sub-prime lending, may I offer some advice to the tens of thousands of seniors who fall victim to predatory lending every year? Bet Tzedek — The House ...
The Federal Deposit Insurance Corporation (FDIC) Supervisory Policy on Predatory Lending (FDIC FIL-6-2007) describes certain characteristics of predatory lending and reaffirms that such activities are ...
Because of the success of the law, we have seen fewer calls to Legal Aid by Northeast Ohio residents victimized by predatory lending. And, at its five-year anniversary, newly released data also show ...
Opinion: New York's Consumer Litigation Funding Act in New York will help reform the industry but more must be done to protect plaintiffs while they pursue their case.
Coastal Enterprises Inc.’s February report on predatory mortgage lending shows that predatory lenders are active in Maine. It also says that state law is not protecting Mainers from these lenders.
Guest Opinion. My foremost responsibility as Principal Chief is to protect the well-being of the Cherokee people. That responsibility extends beyond our health, culture and sovereignty to include ...
Apps like DailyPay and MoneyLion have already trapped workers in cycles of debt with fees averaging over 800% APR In an announcement this week, nearly 200 labor, consumer, and civil rights ...
The private equity firm controlled a network of 25 companies that extended predatory loans to over 1,000 small businesses in the state. The judgement marks the largest single-state consumer settlement ...
Payday loans in our community are like seawater to the thirsty — they may seem like relief at first, but ultimately cause more harm than help. Recently, an op-ed was published (“Dunleavy was right to ...
Since the federal Truth in Lending Act doesn’t extend protections for small businesses seeking commercial loans, a handful of states, including New York, have stepped up to help small-business ...
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