Recently in Tennessee, public officials held a hearing about a controversial type of credit — payday loans. These loans are given to consumers by businesses who do little to see if people can actually afford to pay the loan back. In exchange for the loan, creditors are given access to the person’s checking account. Therefore, […]
Archives for March 2014
Wells Fargo Foreclosure Procedures Questioned
A new document is questioning the legality of foreclosures that have taken place across the country. Many Tennessee residents understand that foreclosures were on the rise during the recent recession as people struggled financially and could no longer afford large house payments. However, new evidence suggests that Wells Fargo — the country’s largest mortgage lender […]
Student Loan Debt Cripples Young People In Tennessee
Young Americans are in a difficult economic spot at the moment. With the end of the Great Recession, they may have an easier time finding jobs in Tennessee, but these jobs do not offer the same promise that they once did. Additionally, many 20 and 30-somethings are dealing with massive amounts of student loan debt. […]
