Which? files complaint to OFT on payday loans

Tweet On the same week that saw a super complaint being lodged against banks for fees associated with converting pounds to foreign currencies, another consumer group Which? Is waging war against poor practices in payday loans. Included in the complaint to the Office of Fair Trading is the allegation that payday loans also breached the [...]

New PHEAA grant bill targets middle class

HARRISBURG – A Senate bill to target new state higher education assistance grants to middle-class students would expand financial aid opportunities at the University of Scranton, a top school official told a Senate panel last week. The Middle Income Student Debt Reduction bill, if enacted, would help another 75 to 100 students at the university [...]

Payday loans are debt trap in disguise

Are payday loans a good source of emergency cash? Thanks to misleading marketing, many of its consumers unfortunately think so. Payday lending stores are opening their doors in low-income neighborhoods at a rate equal to Starbucks [opening its doors] in affluent ones,” states NAACP Chairman Emeritus Julian Bond to illustrate how payday lenders are rapidly [...]

Debt Consolidation Calculator

There are times when it seems like no matter what we do, or how hard we try, there just doesnâ??t seem to be a way to get out from under debt. We are continually paying on credit cards, merchant cards, auto loans, utility bills, mortgages/rent and the list goes on and on. Unfortunately, what many [...]