Student Loan Debtors on Strike A recent article in U-T San Diego addresses the growing concerns of students burdened with hefty student loans from their for-profit education. For-profit education has come under increased scrutiny following Corinthian Colleges’...
Los Angeles, CA February 2, 2015. Payday loans have long been a source of numerous consumer complaints. The federal government, troubled by these numerous complaints, is putting together first ever legislation aimed at regulating this high interest lending industry....
Los, Angeles, CA Today. Seven people have been arrested in an illegal debt collection scheme. The targets of the scheme were consumers in debt in Southern California who were threatened with jail time for unpaid debts. Under the law, you cannot be jailed for unpaid...
As CNNMoney puts it: “they thought losing their home was bad enough.” Yet many people who lost their homes in foreclosure during the recession are now facing significant collections efforts. Who are these people? Anyone who owed more than their home was...
Credit Card Debt Statistics Los Angeles, CA Today. A recent article from Nasdaq.com tackles 2014 American credit card debt statistics. According to the Federal reserve, total consumer debt as of July 2014 is $3.24 trillion dollars. This includes car loans, student...
Credit Card Debt Management Plans Aren’t Your Best Option The sandy beaches and year-round 75-degree weather that make San Diego such an alluring destination comes with a hefty price tag. Indeed, the cost of living in San Diego is currently 39 percent higher...