Most of my posts on this blog deal with auto insurance. The primary reason: that is when people need an attorney. I started handling insurance claims almost 20 years ago. In that time, the number of people I saw retain…
Posts Categorized In: Current Affairs
California Debt Blog: Lenders Charging Fees on Top of Fees
Pay day lenders, short term lenders and these high risk lenders are now charging fees on top of fees. So, if you borrow $1,000 and the late fees are $100 they may then charge you a late fee of 1%…
California Debt Blog: High Risk, Short Term Lenders Are More Aggressive in Litigation
As you know by now, I am not a fan of high risk, short term loans. I think these loans are bad for most people. High risk lenders are more willing to take on aggressive litigation tactics. They do this…
California Debt Blog: IRS Scam Warning
There is a new scam running around where someone calls you pretending to be from the IRS. Let me say this again: YOU CANNOT BE ARRESTED FOR NOT PAYING A DEBT. Also, the IRS will write to you and will…
California Debt Blog: Short Term Lenders May Attempt to Get Money From Your Bank Account
Some short term lenders require that you give them a post dated check when you take out the money. Do you wonder why they would do this? Consumers report that these high risk lenders may try to deposit post dated…
California Debt Blog: High Risk, Short Term Lenders Are More Aggressive in Collections
There are many reasons people go to high risk, short term lenders. Sometimes it is the only place to get the money. Sometimes they dont have a bank account or dont have access to other money. But do you know…
California Debt Blog: Most Payday Lenders Do NOT Have To Follow Debt Collection Laws
You did not read that wrong. Most payday lenders do NOT have to follow federal debt collection laws. How is that possible? The Federal Fair Debt Collection Practices Act (“FDCPA”) only applies to third party debt collectors. Since most of…
Stop Reading the Internet About Personal Injury Claims
This is a huge pet peeve of mine. It sounds weird to write it where people are reading it on the Internet, but please stop reading the Internet. Look, I love the Internet. It is great for a lot of…
California Debt Blog: Watch out for high interest rates
Did you know that some payday lenders, cash advance companies or short term lenders, including title lenders, charge 90% interest for a loan to be repaid over several years? However, that can be on the low end. Some lenders have…
California Debt Blog: Don’t get stuck in the short term debt cycle
Okay, so this may seem weird. What do I mean don’t get stuck in the short term debt cycle? Short term debt is what many people think of as payday loans or high interest rate loans. Sometimes the loan is…