Borrower Nightmares

By Julie Vorman

Leaderless CFPB faces big job taming predatory lenders

Excerpts from this story referencing "finance":

"… ross the country. It turned out the air fare wasn’t free – it had been financed into the loan contract at 13 percent interest, according to a legal advis …"

Borrower Nightmares: $700 dormitory fee costs family its car

By Amy Biegelsen

Car-title loans are a quick way to get money but woe to those who fall behind in payments

Excerpts from this story referencing "finance":

"… nia Public Access Project, a nonprofit that collects Virginia’s campaign finance and lobbying records, three major title lenders spent more than $270,000 f …"

ANALYSIS: Connecticut's insurers are flexing their muscles at the statehouse

By Wendell Potter

Dan Malloy's health care promises have turned into disappointment
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A script for when creditors call

By Shirley Gao

Some debt settlement companies give consumers a script to follow when creditors call

Borrower Nightmares: Small town teacher seeks help for big debt, ends up in bankruptcy

By Shirley Gao

Illinois, W.Virginia sue debt settlement companies for using loophole to charge high up-front fees

Excerpts from this story referencing "finance":

"… y had built up over several decades, which meant that they could no longer finance any purchase through borrowing. Ronnie Linville, who is also retired, rece …"

"Dear CFPB" wish lists urge action on mortgages, payday loans, prepaid cards

By Shirley Gao

Advocacy groups have long wish lists for Consumer Financial Protection Bureau

Excerpts from this story referencing "finance":

"… rom “overzealous debt collectors on a national scale,” writes personal finance expert Gerri Detweiler. As a first step, the CFPB could require colle …"

"… how much income they need to comfortably repay that amount, says personal finance writer Farnoosh Torabi of Credit.com. As part of the process for obtaining …"

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Credit rater says new consumer agency is much-needed "medicine" for banks

By Shirley Gao

Will big banks benefit from a CFPB crackdown on risky products?

Financial stability council warns Congress U.S. markets still fragile

By Shirley Gao

Financial Stability Oversight Council tells Congress markets are still vulnerable

Bank-backed House lawmakers try to kill IRS plan to identify $1 trillion in foreign accounts

By Michael Hudson

House lawmakers backed by banks try to kill IRS plan to identify foreigners' bank accounts

Excerpts from this story referencing "finance":

"… raised at least $576,000 from the so-called “FIRE” sector, made up of finance, insurance and real estate interests. That represented more than half of t …"

Pension insurer criticized for switching investment strategies too frequently

By Alexandra Duszak

Insurer of traditional pensions has changed investment strategies too often

Excerpts from this story referencing "finance":

"… ported how the PBGC flunked an independent audit of the way it managed its finances. A review of hundreds of pages of memos, audits and internal reports show …"

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