• He now crushes the voice of the only organization that tries to protect you and me as consumers. Mulvaney protecting payday lenders and banks. November, 2017 Trump appointed Mick Mulvaney as “acting” director [...]

  •   Fairy tales are not the way to make adult decisions. We know that most fairy tales are fables designed to teach children a healthy respect for rules and society’s expectation.  Some fairy [...]

  • Reuters reports that Richard Cordray, director of the Consumer Financial Protection Bureau, will step down at the end of the month.  Large companies (banks, auto finances, pay day loans and student loans, to name a [...]

  • Published On: October 10, 2017

    Lenders Must Determine Upfront If Consumers Have the Ability to Repay Loans Payday and title loan traps October 5, 2017 The Consumer Financial Protection Bureau (CFPB) has developed a new rule which has common-sense protections [...]

  • Published On: April 3, 2017

    Subprime Vehicle Loans are Skyrocketing Subprime vehicle loans – according to an article in Automotive News and Bloomberg “about a third of the risky car loans that are bundled into bonds are considered “deep subprime,” [...]

  • Bankruptcy Can Help Older Americans Take Control of Their Lives I highly recommend this great article in the New York Times about bankruptcy and the elderly.  Everyone should understand the issues related to protecting your [...]

  • Debt Collectors Sued for Fraudulent Activities Debt collectors accused of harassing consumers about “phantom” debts. According to an article in the American Banker, by Rachel Witkowski ,  4/9/2015, The Consumer Financial Protection Bureau “CFPB” has [...]

  • Dirty little secret about payday loans - annual percentage rates of 650%. by Kevin Wack OCT 2, 2014 5:22pm ET According to an article in the American Banker, Consumer Finance, "the Pew Charitable Trusts has [...]

  • FAKE ARREST WARRANTS ISSUED BY DEBT COLLECTORS The other day a caller said "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social security number confidential?" [...]

  • The fact that debt collection affects one in three Americans is astounding. The other day, a caller said, "I used a document preparer or bankruptcy petition preparer. Certainly they have obligations to keep my social [...]