The burden of student loan debt crushes millions of American students. It’s a drag on the economy, and it’s a hot-button political issue in the upcoming presidential race. The Seventh Circuit Court of Appeals, a Chicago-based federal appellate court, put its own foot forward on the issue of student loan laws with a borrower-friendly ruling that has implications on a number of … [Read more...]
The Potential Impact of a New Payday Loan Rule Change
Underneath the radar of the high-profile policy and political arguments taking place in Washington, D.C., is a debate that stands to considerably impact the lives of lower-income people. Whether that’s for better or for worse depends on your point of view on payday loan laws. What is a payday loan and what are the current laws? A payday loan describes short-term borrowing for … [Read more...]
What To Do if You’ve Been a Victim of Identity Theft?
Were you one of the 143 million Americans affected by the recent Equifax data breach? Sensitive personal information for around 1 in 3 U.S. consumers was exposed in what is called one of the worst data breaches in American history. Now, those of us affected are wondering how to protect against identity theft. There aren’t many things worse than realizing you’ve been … [Read more...]