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Debt Collectors’ Tough Tactics Under Consumer Agency Scrutiny

According to an NBCNews.com story, Approximately 30 million Americans have a debt subject to collection. Many of these people insist they do not owe the debt attributed to them. Whether they actually owe the debt or not, it is indisputable that the tactics of debt collectors have taken a turn toward cruel and criminally dishonest.  […]

Loans Borrowed Against Pensions Squeeze Retirees

…are these loans just another form of elderly financial abuse? To a retiree in a financial bind, the offers can seem like the answer to their problems: get cold hard cash today, for tomorrow’s pension checks. These “pension advances” are wreaking havoc on a growing number of America’s older population. They are threatening their retirement […]

Spain’s Jobless Above 6 Million for First Time

…and we aren’t looking much better The Associated Press reports that with more than 6 million unemployed for the first time ever, Spain’s jobless rate shot up to a record 27.2 percent in the first quarter of 2013, the National Statistics Institute said Thursday, in another grim picture of the recession-wracked country. The agency said […]

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