Claims of high-pressure sales, fraud at odds with Quicken Loans’ straight-shooting image

By Michael Hudson

Quicken Loans, the giant mortgage lender founded by Cleveland Cavaliers owner Dan Gilbert, goes on trial Tuesday in Detroit to face allegati

Excerpts from this story referencing "Credit":

"… nable.”Trial in Detroit Begins TuesdayQuicken Loans founder Dan Gilbert. Credit: Mark Duncan/Associated PressA group of ex-employees, meanwhile, have gone …"

States are battleground in drive to regulate lawsuit funding

By Ben Hallman and Caitlin Ginley

The latest story in the Center's "Betting on Justice" series about the fast-growing litigation finance industry looks at lobbying efforts in

Federal red tape traps disabled borrowers with student loan debt

Borrowers who become severely disabled can get federal student loans forgiven, but the program for deciding whether they qualify is a dysfun
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Lawsuit loans add new risk for the injured

By Binyamin Appelbaum and Ben Hallman

The business of lending to plaintiffs has blossomed over the past decade, part of a growing trend in which banks and hedge funds seeking unt

Excerpts from this story referencing "Credit":

"… LawCash, a company that lends money to people who want to pursue lawsuits. Credit Ruth Fremson, The New York TimesThere was little risk in lending money to …"

"… sue a disability lawsuit; she now owes $18,976 and her case is unresolved. Credit: Gary Tramontina, The New York TimesWhen David Kert, a personal-injury law …"

Elizabeth Warren's hands tied in payday lending oversight

The new Consumer Financial Protection Bureau is given broad powers to regulate non-traditional financial institutions. But it can't cap the

Reform reading: SEC delays whistleblower office, citing budget

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....
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Reform Reading: Consumer agency eyes crowdsourcing to police industry

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law....

25 percent of farmers sold loan collateral without permission

By Julie Vorman

The Farm Service Agency, which makes direct loans up to $300,000 to family farmers and guarantees similar loans made by banks, failed to tak

Reform bill gives birth to $550-million consumer bureau

By Julie Vorman

The Consumer Financial Protection Bureau will spring to life with an annual budget of up to $550 million — an amount that dwarfs yearly spen

What are your credit-related horror stories?

By Amy Biegelsen

What are your credit-related horror stories?

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