http://www.one38.org Just another WordPress weblog Mon, 16 Aug 2010 15:47:10 +0000 http://backend.userland.com/rss092 en It seems the payday lenders were exempted from federal legislation being drafted that would increase financial regulatory control. Control of the payday lenders became a political pawn in bi-partisan negotiations to create a new consumer protection agency. The payday lending industry is big business in some states, and it just so ... http://www.one38.org/201008/payday-lenders-exempted-in-financial-regulatory-legislation/ Most consumer advocates consider car title lending to be predatory. One of the main reasons for this attitude is that car title loans usually carry high interest rates. The loan offerings attract people who are already in debt or have bad credit and are unable to obtain a loan ... http://www.one38.org/201008/virginia-passes-law-limiting-car-title-lending/ Many consumers feel like they have been victimized by the banks as a result of their risky behavior in the subprime mortgage market. With the collapse of the housing market and the connected fall in house prices, coupled with job cutbacks and unemployment, many consumers were relieved to discover they ... http://www.one38.org/201007/loan-modifications-affect-consumer-credit-scores/ Now more than ever you have to be smart about auto loans. When you need to get a new car then you may not have a choice about that but you can be smart about the whole car buying and auto loan process. How you handle this process ... http://www.one38.org/201007/how-to-be-smart-about-auto-loans/ Getting an auto loan with bad credit is something people rarely talk about. Aside from offers on TV, most people do not want to admit that they have bad credit. There is a stigma attached to having bad credit that far exceeds any negative associations that financial mismanagement ... http://www.one38.org/201003/getting-an-auto-loan-with-bad-credit/ The government is good at inventing acronyms and there is a new one consumers need to be aware exists. Referred to as 2MP, the acronym stands for Second Lien Modification Program. The program is another loan modification program backed by the government that is intended to help consumers stay in ... http://www.one38.org/201003/bank-of-america-commits-to-2mp/ It has been a long recession and it is not over yet despite signs of economic recovery. Consumers have been dealing with an incalcitrant banking industry that has been busy foreclosing on homes and cancelling credit cards. In 2009 the mountain of debt and troubled loans seemed too high ... http://www.one38.org/201002/bad-consumer-loans-begin-to-level/ Homeowners facing foreclosure had hoped the government’s loan modification programs would work smoothly making it possible to remain in their homes with lowered payments. Though the process has been slow, thousands have managed to get the paperwork completed despite a lot of paperwork delays. But thousands more have been unable ... http://www.one38.org/201002/consumers-must-prove-income-up-front-for-loan-modification-program/ Calling something the only financial rule you will ever need sounds a bit grandiose but it gets your attention. Plus, it's kind of true. Everyone had their own unique financial situation so everyone needs their own game plan but there is one rule that should be kept in ... http://www.one38.org/201002/the-only-financial-rule-you-will-ever-need/ Lower car payments help you to get by on a monthly basis but they usually come with a price. This price is easy to overlook because it seems like you are paying less each month, and you are, but you keep paying for a greater period of time and ... http://www.one38.org/200912/how-to-lower-your-car-payments-without-paying-more-in-the-end/