Payday Loan Debt Relief Just Got Harder For Consumers

The Consumer Financial Protection Bureau is supposed to be protecting consumers.  Instead, they just made payday loan debt relief harder and more unfair for consumers.  The majority of payday loan borrowers are low income, live paycheck to paycheck, and often use the payday loans to pay for basic living expenses.  These consumers need to be …

Nothing But Bad News on Consumer Debt

You may have heard the phrases “good debt” and “bad debt” get tossed around by those that study consumer debt. Most, if not all, will agree that credit card debt is bad debt. The newly released numbers are staggering.  Over 2 million households have over $20,000 worth of credit card debt. Consumer debt in total …