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Massachusetts passes new law enhancing debt collection protections

Jan 11, 2011 Kyle Duncan

Massachusetts passes new law enhancing debt collection protections

Massachusetts governor Deval Patrick signed new regulations on Saturday that will make it tougher for debt collectors to seize personal and financial assets from individuals, the Boston Globe reports.Old allowances permitted individuals to


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There are options for auto customers with bad credit

Jan 10, 2011 Brian Bradley

There are options for auto customers with bad credit

It appears that auto lenders have loosened their requirements when it comes to credit decisions.More customers with bad credit received auto loans in 2010 compared the year before, according to the website Prime Rate. The loan share for consumers


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Payday lenders bail on states after initiatives pass

Jan 10, 2011 Todd Milner

Montana is now nearly a payday loan-free zone. After the state's voters passed an initiative in November that capped interest rates at 36 percent, nontraditional loan sources have been leaving in droves.Many lenders left the state immediately


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Councilors vie for payday loan reform

Jan 10, 2011 Todd Milner

Support is continuing to mount for further reforms and regulations on the payday loan industry, restrictions that could suffocate the business model.Three years after the Virginia General Assembly passed a series of mandates on short-term,


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U.S. Court of Appeals says bankruptcy history can be a reason not to hire job applicants

Jan 10, 2011 Matt Roesly

U.S. Court of Appeals says bankruptcy history can be a reason not to hire job applicants

In a recent ruling by the United States Court of Appeals for the Third Circuit, it was determined that a private company can legally take into account an applicant's past bankruptcy history when deciding whether or not he or she will be


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