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Unsecured Loans With Interest Rates of 96%? »

Just because a company publishes a nice looking web site and offers to issue a loan, there is no assurance that the deal offered will be any good.
Take, for example, this outrageous offer for unsecured debt offered by a loan company on the Internet.  You can get up to $3,000, but you will pay back [...]

Help Protect Grandma’s Social Security from Predators »

Social Security would like your help. Predatory lenders in some places have found a way to, in effect, take control of Social Security payments and collect fees from that meager stipend essentially forever. The Social Security Administration is taking public comments until June 20, 2008 about what they should do, if anything.
Here’s where [...]

What Is a Payday Loan (and Why Are They So Bad?) »

If you’re in financial problems (and even if you’re not) you’ve probably seen the ads for “payday loans.” Sounds good–if you’re short at the end of the month, just borrow a small amount of money, usually $100 or $200, for a short period of time, and then pay it back when you get paid.
So why [...]