What Lenders Say to Get You to Borrow- Top 10
Lenders who lend money at high interest rates use these top ten statements and more to convince you to borrow from them. Take your time to think about what it really costs and whether you will be able...
13 Nov 202010min
Economic Impact Payment registration deadline extended for non filers
If you aren’t required to file an income tax return due to the amount of your annual income, and you haven’t filed a return for 2019 and don’t plan to, you can still register until Nov. 21, 2020 to re...
9 Okt 20204min
Loss Damage Waiver product results in violation of Consumer Financial Protection Act
Lobel Corporation entered into a consent order with the CFPB last week requiring it to pay $1,345,224 to car loan borrowers and a civil money penalty of $100,000 for unfair practices related to the Lo...
2 Okt 20208min
CFPB enters Consent Enforcement Orders with 8 Mortgage Companies that targeted Veterans
This episode reviews a recent sweep by the Consumer Financial Protection Bureau that resulted in 8 mortgage companies agreeing to enforcement orders. The companies were targeting veterans and military...
25 Sep 20208min
Foreclosure Moratorium Extended to December 31, 2020
Congress has extended the foreclosure moratorium on federally backed mortgage loans contained in the CARES Act to December 31, 2020. This episode explains what that means, how to find out if your mort...
18 Sep 202014min
CDC issues Eviction Moratorium until Dec. 31, 2020
Find out if you qualify and what you need to do NOW to get the benefit of the CDC’s moratorium on evictions if you can’t pay your rent right now.
3 Sep 20208min
Beware of scammers impersonating power companies and threatening to cut your power
This episode describes the scam where you get a call from a utility threatening to cut off service if you don’t pay within an hour using store bought debit cards or gift cards. If this happens to you,...
21 Aug 20209min
It’s Shark Week - Avoid these Dirty Dozen scams, ripoffs and abuses
Predatory lenders target people who are already in difficult financial situations. In this episode we list 12 scams, ripoffs and loan abuses that can take a bite out of your financial transactions.
14 Aug 20206min
