A father-son tandem in Kansas City made $227 million in payday loans, pocketing $69 million in profits over a 10-year period, and walked away with a $1 civil fine. Many of the loans they made were unauthorized, and a key to their financial windfall was charging biweekly finance fees indefinitely.
The unethical practices of predatory lenders have caused financial injuries to many consumers. These predatory lenders offer loans with unfair terms while taking advantage of the borrower’s inadequate understanding of the terms and conditions of the loans.
If you are trying to pay down some of your expensive credit card debts, a balance transfer from a credit card to another credit card can be a good cost-saving approach for you. The balance transfer credit card allows you to pay zero interest on any amount transferred.
There are many misconceptions associated with student loan forgiveness programs. If you are wondering whether student loan forgiveness is too good to be true, Kansas City-based law firm Stecklein & Rapp is here to provide answers to your questions and clear up the misconceptions.
Identity theft has become more rampant in the world we find ourselves in today. Data broker mistakes and negligence have exposed countless individuals to the serious consequences of identity theft. In fact...
Through life, there are countless reasons for opening up lines of credit with a credit card. Whether you're taking advantage of a retail store's rewards program, accumulating flight or hotel points, or need an emergency fund, it's understandable that over time these cards can add up and fill your wallet — even if you aren't using them.
It’s common to periodically receive requests from your credit card companies to update them on your income. Should you comply with these optional updates? Stecklein & Rapp are here to provide the answers.
Credit report errors are increasingly prevalent in our modern world, with these errors having potentially serious consequences for consumers as they seek to make major purchases, apply for jobs, obtain lines of credit for loans, and qualify for housing. The team of experienced consumer credit protection attorneys at Stecklein & Rapp in Kansas City, Missouri can explain more.
When a data mix-up occurs and legal action is taken, there are serious consequences for those responsible for using or spreading the erroneous information. Kansas City-based law firm Stecklein & Rapp can explain the details.
If an error is made by a third-party credit information reseller, can it hurt my credit? At the Kansas City-based offices of Stecklein & Rapp, we can provide you with answers.
