New Report Claims Wrongful Foreclosure Rate May Be Higher

There was a time when people trusted banks and financial institutions to follow regulations that were set by the government. Many people believed that these banks worked with consumers for their mutual benefit — particularly when it came to home loans. However,...

Reducing Debt Prior to Retirement

Older Americans can struggle with debt just like younger people. Tennessee residents that are approaching retirement may worry about how a heavy debt load will affect their ability to enjoy their so-called golden-years. Retirement isn’t what it used to be and...

Consumers Have Rights Against Collection Agencies

It can be easy for people to fall behind on their credit card bills and other consumer debts. People can face difficult financial times that make it impossible to pay. A job loss, a medical crisis and other emergencies are often to blame. In these situations,...

Debt Relief and Payday Loans in Tennessee

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,...

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...

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...