By Riley Bunch – Valdosta Times Alice Harris was watching television with her two grandkids when a commercial came on for an auto title loan company. At that time in May 2017, she was in the thick of a custody battle and out of money to pay her...
More info
PHOTO: David Goldman By: Beau Evans, Capitol Beat News Service ATLANTA — The practice of pawning one’s car title to make ends meet could get a bit more restrictive in Georgia under a bipartisan bill filed in the 2020 legislative session...
More info
By Leah Dunn – WSB-TV (Watch Now) ATLANTA — Channel 2 consumer adviser Clark Howard says Georgians looking to borrow against the value of their vehicle need to understand that the loan may come with a big catch if it comes from a...
More info
By Willoughby Mariano – The Atlanta Journal-Constitution Georgia’s remains among the top three states in the nation for personal bankruptcy filings, even as the state unemployment rate drops to all-time lows. The state’s overall number of...
More info
By Michael E. Kanell and Greg Bluestein – Atlanta Journal-Constitution Atlanta-based Equifax on Monday announced it has reached a $700 million-plus settlement with the government that, pending court approval, will mean an end to legal...
More infoBy J. Scott Trubey – The Atlanta Journal-Constitution SunTrust Banks plans to double its annual community investment in metro Atlanta over the next three years, part of the company’s promise to remain a powerful local civic figure as it merges with...
More infoComments are due May 15, 2019 to urge the Consumer Financial Protection Bureau (CFPB) not to repeal the heart of the payday and car title loan rule. Georgia voters across the state overwhelmingly support reform of the predatory lending industry...
More infoWell, that’s easy, Renee McKoy thought, seeing the offer. The Gwinnett County woman knew she could buy shoes and groceries online. So why not also try to shop for a loan? She clicked an email link, squiggled a digital signature and watched $800 pop into...
More infoAtlanta, GA (CBS46) – A new federal rule aimed at protecting borrowers from predatory lenders is set to take effect this August. The rule includes a key provision for borrowers to show they could repay their loan. But the Consumer Financial...
More infoLast week, the Consumer Financial Protection Bureau (CFPB) moved to gut the agency’s own consumer protections against predatory payday and car-title lenders, leaving people exposed to the harms of these predatory products. Georgia thankfully already has...
More infoBank mergers often shake customers out of their inertia in search of a better deal, something Atlanta’s SunTrust and Winston-Salem’s BB&T have to consider after their mega-combination. Mergers that create bigger banks tend to lead to some shifts...
More infoWatch now. By WGCL Digital Team - WGCL-TV If you're starting the year weighed down by debt, you may be paying more attention to the ads from debt relief or credit repair companies. They promise to rescue you from financial distress, but is that really...
More info