It seems that Houstonians are getting pretty darn comfortable swiping that plastic at the register again. So comfortable, in fact, that Houston has become the top city in the United States for rising credit card debt. We've finally made it onto the top of a list for something other than pollution, t ... More >>
Debt collectors will never stop being ingenious when it comes to new ways to being annoying -- it's just part of their DNA, part of what makes a towheaded, strapping young lad say to his proud pop "Someday I'm going to be a debt collector, Dad!" Surreptitiously wiping a proud tear as he rubs the bo ... More >>
Gary Elkins: State Rep, payday lender.Payday lending, where lower-income, lesser-educated, financially strapped people get some instant cash but sometimes end up paying 500 percent interest, is an industry ripe for some regulating, you would think. But that's why you're not a member of the T ... More >>
Borat would ace the driving portionIn case you needed empirical evidence that Texas has some of the worst drivers in the country, look no further than the GMAC Insurance National Drivers Test: The Lone Star state ranked an unimpressive 35th, falling ten spots from last year and 18 from 2008 ... More >>
We've bailed out the banks. When do we go after the crooks behind our financial collapse?
Photo by Paul KnightHarris County is seeing the result of failed government efforts to fix the housing crisis by issuing 90-day moratoriums on foreclosures.July was the worst month for foreclosures in the county since the savings and loan debacle, just 73 properties short of the record month -- Octo ... More >>
It's easy for a homeowner's payments to fall through the cracks.
If you've ever been harassed by a debt collector, deserved or not, Texas AG Greg Abbott has just stood up for you (As Joe Biden might put it, since Abbott's in a wheelchair).Abbott's office announced a settlement this morning against NCO Financial Systems, one of the world's biggest debt-collection ... More >>
Is Omar Little your cable guy? A Sunnsyide shoot-out makes us wonder… KHOU is reporting a southeast side gun battle that left one woman dead and two men injured. Homicide detectives allege that the shoot-out started when three men drove up and attempted to regain possession of “thousands of dol ... More >>
File this under “Since you just got your ass kicked by Hurricane Ike, we’re gonna give you a break (kinda).” Freddie Mac has ordered its servicers to suspend all foreclosure sales on Freddie Mac properties until December 31, including mortgages that were in default prior to Hurricane Ike. (Se ... More >>
Junk haulers expand their business in the wake of evictees leaving behind houses in terrible condition
Homeowners complain that Litton Loan is quicker to foreclose than it needs to be
Payday lenders take care of you till your check comes in, and for a long time after
Check cashers and furniture rental companies take a big chunk out of post-hurricane FEMA checks
Rent-to-own stores, pawnshops, payday lenders -- it's hope for sale, with interest