In finance, a loan is a debt evidenced by a note which specifies, among other things

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mortgage_approvals

In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between … Continue reading

Jun 06

Illegal Debt Collection Company hit with Charges from the CFPB

debt-slavery

Despite facing a lot of criticism and even some legal action that questions its constitutionality, the Consumer Financial Protection Bureau (CFPB) continues to march forward, and it is taking some businesses down in its wake. Recently, the CFPB ordered for … Continue reading

Apr 25

A Plan to Sweep Dodd Frank out the Door Once and for All

door

Every once in a great while an issue arises that seems to light a fire under political leaders. A case in point is that of the infamous Dodd-Frank legislation. There have been opponents of this bill for some time, but … Continue reading

Jun 17

Studies Indicate that more Choices Might Help to Improve the Payday Lending Industry

banking loan, or cash concept

Recently, the Consumer Financial Protection Bureaupublished their outline of proposed rules that they hope to put into place in order to regulate the industry of small dollar lending, which includes title loan shops, installment lenders and payday lending companies. Placing … Continue reading