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Debt Kills Love Like a Criminal Record

(MoneyWatch) Looking for love? You’d better get your finances straight.  According to a survey by CreditCards.com women said they would dump a lover who could not pay their routine bills just as quickly as they would send a guy packing that proved to have a criminal past. That survey went on to report that 70% […]

Loan Startup Prosper Raises $20 Million

SAN FRANCISCO (Reuters) – Prosper, a leader in the fast-growing “peer-to-peer” lending sector, said on Tuesday it raised $20 million from venture capital firms led by Sequoia Capital, stepping up competition with rival Lending Club. Peer-to-peer lending takes the banks out of the picture providing a niche for people with less than perfect credit or […]

Intimidating Debt Collectors Push Brits to Suicide

(Reuters) – Irresponsible lending and intimidating debt collectors are pushing thousands of people in Britain into depression and suicide.  A report by England’s University of Brighton stated that “Debt clients frequently feel humiliated, disconnected and entrapped, with the process of debt collection having a clear impact on people’s mental health.”  This is terrible news.  I […]

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