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Tag Archives: money
4 debt collection practices that need to change
By Gerri Detweiler Major changes may be coming to the debt collection industry. The Consumer Financial Protection Bureau (CFPB) published an announcement asking for comments on issues facing consumers and the industry, while it prepares to develop new rules around … Continue reading
Breach At Target Stores May Affect 40 Million Card Accounts
By Mark Memmott Target Corp. that there was a massive security breach of its customers’ credit and debit card accounts starting the day before Thanksgiving and extending at least to Dec. 15 — the heart of the holiday shopping season. … Continue reading
Posted in News from the Soul Brother
Tagged consumers, Credit card, Debit card, hacking, HomeGoods, money, security, T.J. Maxx, Target
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The truth behind 9 debt myths
By Dana Dratch That free advice you get from friends, co-workers or the “charming” bill collector on the phone could be worth even less that what you paid for it.From the perils of acknowledging old debts to the odds of … Continue reading
When Lenders Sue, Quick Cash Can Turn Into a Lifetime of Debt
By Paul Kiel A version of this story will be published in the St. Louis Post-Dispatch on Sunday. Five years ago, Naya Burks of St. Louis borrowed $1,000 from AmeriCash Loans. The money came at a steep price: She had … Continue reading
Posted in News from the Soul Brother
Tagged debt, loan, Missouri, money, National Consumer Law Center, Payday loan
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6 Signs Our Culture Is Sick With Greed
By RJ Eskow The love of money for money’s sake is the social disease of our time. We see it all around us: in the celebration of ill-gotten stock gains, public admiration for the heads of criminal banks, the words … Continue reading
Posted in News from the Soul Brother
Tagged commentary, culture, economy, greed, money, United States
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Nobel Prize economist warns of U.S. stock market bubble
By Reuters An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. Robert Shiller, who won … Continue reading
The Winners in Immigration Control: Private Prisons
By Aubrey Pringle What if immigration reform advocates used financial arguments to make their case? Ask 10 individuals how they feel about the immigration debate, and you’ll get a range of responses combining humanitarian, employment, population, or economic concerns. You … Continue reading
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The Country That’s Dismantling Its System of Privilege for the 1% — Can the U.S. Be Next?
By Thom Hartmann Chileans have rejected Reaganomics, and it’s time we followed their lead. Back in the early 1970s, Chile was one of the most progressive countries in South America. Its democratically elected socialist president, Salvador Allende, nationalized big businesses … Continue reading →