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Business

The New Poor - Peddling Relief, Firms Put Debtors in Deeper Hole
Business  (tags: recession, debt settlement programs, buyer beware, rip-off, virtual ponzi schemes, predatory lending, preying on the poor, BBB, state attorneys general, US Organization for Bankruptcy Alternati, scam )

Judy
- 1494 days ago - nytimes.com
Consumers rarely emerge from debt settlement programs with their credit card balances eliminated, these critics say, and many wind up worse off, with severely damaged credit, ceaseless threats from collection agents and lawsuits from creditors.
Issuer of 79.9% Interest Rate Credit Card Defends Its Product
Business  (tags: debt, abuse, finance, money, rip-off, BUYER BEWARE )

Sue
- 1620 days ago - finance.yahoo.com
APR Shocks Many The sky-high rates may be a sign of things to come in the market for so-called subprime credit cards as issuers who lend to the riskiest of borrowers try to figure out how to stay in business
   

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