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Tag Archives: loans

AG charges loan businesses with consumer protection violations

“We must curtail the growing militarization of police,” says Maryland Attorney General Brian E. Frosh, in urging several changes to police oversight. (The Daily Record/File Photo)

The Maryland Office of the Attorney General charged several businesses earlier this month with making unlicensed and predatory loans that put consumers at risk of losing their vehicles. The charges, announced Friday, allege Cash-N-Go Inc. and related businesses offered “title ...

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Buying a car? A home? Fed rate hike shouldn’t matter much

Federal Reserve Chair Janet Yellen's Washington news conference is shown on a television screen on the floor of the New York Stock Exchange, Wednesday, Dec. 16, 2015. The Fed's move to lift its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent ends an extraordinary seven-year period of near-zero rates that began at the depths of the 2008 financial crisis. (Richard Drew/AP)

WASHINGTON — For anyone considering whether to buy a home or car, the Federal Reserve’s interest rate increase Wednesday shouldn’t make much difference. The rates that most people pay for mortgages, auto loans or college tuition aren’t expected to jump ...

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Feds: Bullying, lying debt collectors an epidemic

The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

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