debt consolidation loans

Bad credit scores affect more people than you may think. Roughly 77 million Americans have a debt that is at least 180 days past due (source). If you are one of them, you may struggle to find lenders who will accept your loan applications. This guide provides explains in detail what options are available to people […]

Auto Loan Industry Study Background

Auto Loan Industry Study

This comprehensive auto loan industry study investigates the latest data sources to reveal important auto financing trends and statistics. The U.S. auto loan industry continues to expand on the back of a 9-year growth in new auto loans. On the surface, the numbers look promising for auto lenders. In 2018, Total outstanding auto loan debt […]

FTC settles with Avant for $3.85 million

Avant, a leading online consumer lender, agreed to pay the Federal Trade Commission $3.85 million as part of a lawsuit settlement. Avant and the FTC filed the settlement order with U.S. District Court for the Northern District of Illinois on April 15, 2019. The FTC claims Avant overcharged consumers and unlawfully required consumers to consent […]

IRS Tax Relief Report

The IRS has just announced it is waiving the estimated IRS underpayment penalty for millions of taxpayers who fell short this year. It’s not every day the IRS decides to give millions of taxpayers a break, so savor the moment. Now let’s break down what this means for the average taxpayer. The IRS charges a […]

Marriott Bonvoy Brilliat Credit Card review.

Marriot is folding its Starwood and Preferred Guest and Ritz-Carlton Rewards into its new Bonvoy rewards program. To celebrate the union Marriot is promoting a new line of rewards cards with nose-bleed-inducing signup bonuses. Early adopters of the Marriot Bonvoy Brilliant American Express Card and the Marriot Bonvoy Business American Express Card can earn a 100,000-point […]

SunTrust BB&T Merger

The wave of bank mergers has started. Brian Moynihan, CEO of BofA, called it “simply a matter of time,” earlier this year at the World Economic Forum in Davos. Today, BB&T and SunTrust announced a $66 billion merger. If the deal goes through, they will become the sixth largest bank in the United States based on assets and […]

Payday Lending Rules

The payday lending industry heaved a collective sigh of relief yesterday. The Consumer Financial Protection Bureau proposed the weakening of Obama-era payday lending rules that required lenders to assess borrowers’ ability to repay. They also limited the number of times a lender could try to withdraw money from a lender’s account to two. Major victory […]

Tax saving planning tips 2018

90% of taxpayers either employ a tax preparer or use specialized software to file their taxes. The U.S. tax code is so complex an entire industry exists just to help Americans file their taxes. According to the IRS Commissioner, John Koskinen, 90% of taxpayers require some type of assistance when filing their taxes. It is […]

government shutdown loans shutdown loans loans for federal employees/workers emergency loan programs federal worker/employee loans furlough loans

Government shutdowns affect millions of people but they are particularly hard on poor families and low-income workers. While Congress and White House staff members continue to get paid 800,000 federal employees have seen their paychecks stop. About 420,000 “essential” employees are working without pay. This includes IRS, NASA, and TSA agents. Approximately 380,000 workers have […]