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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 […]

You’ll Never Guess Who was Awarded the “Friend of the Consumer Award”

CFS2, a Tulsa-based debt collection agency, today announced the receipt of the 2013 “Friend of the Consumer Award” from the American Consumer Council. That’s right — one collection agency — a member of the least consumer friendly industry in America — is officially a “friend” to consumers. Reported NBCNews Founded in 1986, The American Consumer […]

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