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Rochelle Sparko discusses the hidden costs of earned wage advances (EWA) and cash advance apps

For consumer protection advocates, the job of monitoring and going after predatory lending scams can sometimes resemble the old amusement park game of whack-a-mole. As soon as one predator is brought to justice, another one pops up. That description came to mind of late when Newsline learned about a new cellphone app that some schemers […] The post Rochelle Sparko discusses the hidden costs of earned wage advances (EWA) and cash advance apps appeared first on NC Newsline. ....

North Carolina , United States , Rochelle Sparko , North Carolinians , Responsible Lending , Predatory Lending , Consumer Protection , Cash Advances ,

Debt Firm's Flameout A Cautionary Tale For Consumers

The collapse of a California debt resolution law firm has impacted tens of thousands of consumers across the country, leaving many deeper in debt and with ruined credit. It’s an extreme example of predatory behavior across an industry where marketing companies and law firms urge vulnerable debtors to pay big money for services that advocates say have little to no real value. ....

Jon Hill , United States , Orange County , New York , Brandon Lowrey , Allison Grande , Andrew Pizor , Ira Rheingold , Hanna Roden , Rochelle Sparko , Tony Diab , Daniel Connolly , Joon Khang , Lee Russell , Dave Trumbore , National Consumer Law Center , Oakstone Law Group , Supreme Court , Debt Validation Fund , Even As Litigation Practice Group , National Association Of Consumer , Litigation Practice Group , Better Business Bureau , Consumer Financial Protection Bureau , Synchrony Bank , California Based Litigation Practice Group ,