Countrywide Settles Predatory Lending Suit for Almost 9 Billion

Predatory lending
(Image is in the Public Domain)

All I can say is "good". There needs to be consequences for companies that manipulate people for greed.

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Subprime Lending As Told By Stick Figures

(Image used under: Creative Commons 2.5 [SRC])

This is about as clear as anyone has described the subprime mortgage lending issue so far.

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Confessions of a College Credit Card Pusher (Wanna Free Shirt?)

(Image used under: Creative Commons 3.0 [SRC])

If you've been on college campuses these days, you'll often see the booths where you get a free shirt or coffee mug for signing up for a credit card. Well, it's pretty obvious that college kids have no idea how to handle credit and the credit card companies know it.

Rhoades took the job and signed up roughly 30 students for cards. He regrets any trouble he caused other students from his actions. Still, his actions may have been most damaging to himself. He ended up with $13,000 worth of debt that he is now struggling to repay.

We don't get any training how to deal with and manage credit, but we get plenty of training on how to get and abuse it.

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No More Payday Loans in West Virginia

It turns out that West Virginia has kicked out these sleazebag lendors. Now if every other state would follow their example, we'd have something.

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Department of Defense Seeks Public Comment on Predatory Lending

Lending shouldn't be predatory
(Image is in the Public Domain)

According to Public Citizen, the DoD has proposed some rules that severely limited the scope of protections as suggested by consumer protection groups. Up to June 11th, you can submit your ideas about the proposal to them directly (information about sending in the comments is on the last page of the proposal).

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|INDEX|next: The Consequences of Posting Online
Online Addiction: From gambling to surfing and online gaming, people can destroy themselves and others with online addiction.
Posting Online: The Internet never forgets anything completely. Make sure you don't make mistakes that will stick with you for the rest of your life.
Protecting Photos: The Internet never forgets anything completely. Make sure you don't make mistakes that will stick with you for the rest of your life.
Getting Tricked: You WERE doing fine... until someone convinced you to install a virus or give away your passwords. Don't fall for it!
Account Hijacking: One of the most common security risks today is people getting their accounts taken over and then used to trick their friends and family.
Trusting Webservices: An online service promises they'll 'Never abuse or misuse your data' and you believe them? Think again.

... or check out any of my other guides and tutorials by clicking here!

Online Addiction

Concerned about online addiction? You should be. Learn the types, the signs, and the preventions.

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The Consequences of Posting Online

It's fun to post online. What you think, what you feel. But words typed and posted on the Internet can come back to bite you more than anything you could say with your mouth.

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Photo Safety

You can reveal far more than you intended when you post a photo online. Don't make a critical mistake and check your photos before they're online.

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Tricks and Scams

Just because you won't willing give up data doesn't mean that I can't trick you out of it. Don't fall for these well known tricks!

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Account Hijacking

One of the newest threats we face is the risk of someone getting control of your online account and using it against you and the people you know. Do everything you can to prevent that from happening!

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Trusting Companies

Store, online or off, are not known for being fair and helpful unless it benefits them to be so. Good deals exist, but many are bad deals in disguise. It's not in your best interests to be too trusting with any of them.

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