In our work on behalf of consumers, lawyers in the firm come across defective products on a regular basis. In most of these cases, the manufacturers of the products know the dangers, but the... Read more
One would think the 2008 financial crisis and resulting recession would have caused financial institutions and other creditors to rein in risky and illegal lending practices. Indeed, Congres... Read more
I can’t think of many industries that do as much damage to ordinary folks who have to borrow money than the payday and title lenders that prey on the most vulnerable citizens, trapping them... Read more
Some Alabama borrowers will receive mortgage relief as part of a $550 million joint state-federal settlement with SunTrust Mortgage Inc. As part of the settlement, Alabama borrowers will rec... Read more
Unfortunately, payday lenders aren’t the only predatory lenders taking unfair advantage of Alabama citizens. I am reasonably sure most Alabamians have seen the numerous television ads tellin... Read more
The payday lenders operating in the U.S. have been allowed to take unfair advantage of persons who borrow money from them. While a relatively few states do a fairly good job of regulating th... Read more
At least six federal agencies including the Justice and Treasury departments are coordinating a broad probe of online payday lenders that charge enormous interest and fees to low-income borr... Read more
As we have written previously, payday loans that come by way of the internet have become a major problem. These payday loans have very high interest rates and other exorbitant fees, causing... Read more
Bank of America Corp.’s Countrywide unit has agreed to pay $500 million to settle a lawsuit over billions of dollars in residential mortgage-backed securities that were downgraded to junk. T... Read more
It was reported recently that major banks have quickly become behind-the-scenes allies of Internet-based payday lenders that offer short-term loans with interest rates sometimes exceeding 50... Read more
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.