New proposal to base student loan payments on income rather than loan amount

Apr 05, 2012 Mike Garretson

New proposal to base student loan payments on income rather than loan amount

The U.S. Department of Education (DoE) recently announced a new provision that would make paying off student loans less stressful for debtors, Bloomberg reports.Following the lead of a proposed rule from the Obama administration, the DoE -


Read More

Recent grads finding jobs

Apr 05, 2012 Mike Garretson

Recent grads finding jobs

According to many indicators, it's a tough job market, especially for recent college graduates, many of whom haven't had the chance to gain experience in their field. The lack of available jobs for those new to the workforce only adds


Read More

Utah debt collection firm off the hook

Apr 04, 2012 Mike Garretson

Utah debt collection firm off the hook

The Arkansas Supreme Court recently dismissed a case against an out-of-state debt collection law firm, ruling that the state's Deceptive Trade Practices Act (DTPA) has no application to the practice of law by attorneys, Legal Newsline reports.Bennett


Read More

Detractors taking away from debt-collecting benefits

Apr 04, 2012 Mike Garretson

The overwhelming perception of American debt collectors in the media recently is not positive. The reality, however, is that debt collectors are simply doing their job and their efforts result in major gains for the economy and consumers alike


Read More

Unemployment remains a problem for many

Apr 03, 2012 Mike Garretson

Though the American financial situation is well on its way to recovering from the 2008 recession, many still find themselves struggling to find a job in the current economy.Recent data from the Bureau of Labor Statistics showed that only 83


Read More