Pew: Virginia’s title and payday loan guidelines among laxest within the nation
fefprint10Individuals in Virginia whom just take out payday and loans that are title rates of interest up to 3 times greater than borrowers various other states with more powerful customer defenses, an analysis by Pew Charitable Trusts circulated this week concluded. “Virginia’s small-loan statutes have actually unusually poor customer defenses, weighed against almost every other […]
Credit card debt vs. debt that is secured What’s the real Difference? Using Chapter 13 to Address Secured Financial Obligation
If you’re considering bankruptcy, one element is specially critical in determining which kind of bankruptcy—if any—will solve your economic crisis. This element is whether or not the financial obligation you owe is guaranteed or unsecured. This difference is essential because bankruptcy typically only discharges debt that is unsecured. This might be partly why unsecured creditors […]