As the value of medallions drop, owners are worried about possible bankruptcy, losing their livelihood and their homes. Faced with balloon payments, demands to refinance, and requests for mortgages on their homes, all coming from their lenders, drivers are not sure...
Month: August 2016
Credit Card Basics for Millennials
Millennials frequently face financial issues for two major reasons: they are entering the workforce during an economic downturn and are often uninformed about how credit works. You may not be able to do anything about the economy personally, but you can take charge of...
New regulations concerning debt collection will protect consumers
New regulations proposed by the Consumer Financial Protection Bureau are expected to bring forth the most significant federal changes governing debt collection in more than 40 years. Many consumers deal with harassing calls and letters from creditors. Fortunately,...
