Is Fighting Back Against Debt Collectors Worth It?

When the phone is ringing off the hook, at work and at home, it can be tempting to pay off debt collectors just to make it stop. But fighting back against debt collectors can be worth it when they violate federal law.

New Head of CFPB to Reevaluate Payday Loan Regulations

The Consumer Financial Protection Bureau is responsible for regulations connected to lending and the financial industry. Since 2012, the agency has been working to develop payday loan regulations that protect consumers from the abusive and manipulative tactics used by the industry. But in a recent statement, the new head of the CFPB said the agency plans to reevaluate those regulations, and make it easier for lenders to avoid them ever being enforced.

Used Car Buyer Watch List: Extended Warranty

Used car buyers often see dealerships trying to tack on extended warranties at the end of the sale. Paying extra for a warranty on a used car can sometimes be a good idea, but only if you know what you’re getting. Spending too much on an extended warranty, especially if you are a subprime borrower, could cost you money in the long run.

Used Car Buyer Watch List: “As-Is – No Warranty”

When you walk onto a used car lot, the prices can vary widely based on make, model, age, and warranty. It may be tempting to save money by taking the car labelled “as is – no warranty”. But doing so could cost you far more down the road.

New Car Buyer Watch List: Arbitration Clauses

When you find your perfect new car, you probably aren’t thinking about heading to court any time soon. But if you don’t take the time to carefully read your purchase agreement you could not even have the chance. Find out the risks behind arbitration clauses and why you should add them to your new car buyer watch list.