In Debt and Afraid – Dealing with Debt Collectors

In Debt and Afraid - Dealing with Debt CollectorsIt’s a scary place to be — in debt and afraid. A new Consumer Financial Protection Bureau report found that more than one in four consumers felt threatened when contacted by debt collectors. The first-ever national survey of consumer experiences with debt collectors found consumers often faced calls that came too often, at odd hours and contained warnings of jail time and other threats. Some were contacted for debts they…

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Mobile Payments Still Years Away

Mobile Payments Still Years AwayCanadian consumers are ready and willing to pay for everyday goods with their mobile devices but a lot of details have to be ironed out before that can realistically happen, experts say. More than 80% of Canadian industry players feel certain mobile wallets will be “mainstream” in this country within the next four years, a recent KPMG International study found. Before that can happen a lot of questions need to…

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