Bank accounts for all?
Payday loans, pawn shops, rent-to-own companies…these are all examples of “non-bank financial services.” Non-bank financial services are those used by people who can’t get bank accounts at regular banks. And they hurt people who can least afford to be hurt because such services are more expensive and have higher interest rates for loans than banks […]
Supreme Court Considers Law Limiting Bankruptcy Advice
Recently the Supreme Court of the United States heard oral argument concerning whether bankruptcy attorneys should be allowed to advise their clients to incur more debt before filing. Currently the law states that “debt relief agencies” are not allowed to advise clients to incur more debt in contemplation of bankruptcy. The case before the high […]