A man in Virginia has filed a $7.5 million federal lawsuit against the city of El Paso, Texas, claiming an incorrect criminal record violates his civil rights.In the suit, John Shelby claims that by negligently linking another man's criminal
Full ArticleA former billionaire, whose prior company collapsed in 1999, recently relaunched his career with a brand-new debt collection company.The Oklahoman reports that Bill Bartmann, who once ran the now-defunct Commercial Financial Services, stated
Full ArticleConsumer auto loans are up and delinquencies are falling, but those facts are not persuading consumers to pursue loans for new vehicles, the Credit Union Times reports. Additionally, loans for used cars are keeping the business sector profitable
Full ArticleA landlord or property manager has open space he or she wishes to fill. The costs are manageable and the property is safe and clean within a well-manicured neighborhood. So how do landlords know which prospective tenants are best? Surely, they
Full ArticleThe owner of a Minnesota car dealership was sentenced to 10 years in prison and forced to repay more than $31 million after he was found guilty of running a lengthy auto lending scam that included $80 million in false loans, Reuters reports.Denny
Full ArticleThe New York Federal Reserve reports that more people are taking out credit cards, but only 50 percent of Americans checked their credit reports in 2010, according to a consumer survey by credit.com.Nearly 27 percent surveyed said they had
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