Credit Card Providers 'To Share Customer Information'

"Struggling credit card holders are to be identified to providers under a new industry-wide schemeCredit card providers are to begin sharing detailed information about their customers in a bid to identify those who are struggling to repay their debts, it has been reported....

key packages to help home buyers and repossession families..

UPDATE; 03rd September 2008After months of continuing gloom on the UK housing front with more repossessions, more banks losing money and buyers waiting for the Government to decide what to do with stamp duty. The...

Police rescue 15 'sex slaves' in crackdown on trafficking in Scotland

After a 15-month investigation a massive sting has resulted in the arrest of 35 people on sex trafficking charges in Scotland, identifying 15 women from Southeast Asia who were duped into coming to the UK and then forced into prostitution."FIFTEEN "sex slaves" from south-east...

Wife Mortgaged to Loan shark

We have heard of  excesses of loan recovery agents. But in a shocking incident in India's eastern state of West Bengal a man was forced to keep his newly married wife as mortgage after failing to repay loan. "You could call it Bengal’s heart of darkness. Unable to...

Katrina victims may have to repay money

The residents of New Orleans are still trying to rebuild their lives after Hurricane Katrina, and now it seems as if their situation is going to get even worse.The residents who were given a federal grant to...

Gambler loses £2m bookies claim

Not surprising, but an interesting legal case. At what point is a gambling operator liable to the same degree that a bartender is?"A compulsive gambler has lost his bid at the High Court to force bookmaker William...

House Approves Bill to Restrict Mortgages

"House Approves Bill to Restrict Mortgages "With home foreclosures skyrocketing, the House on Thursday voted to crack down on mortgage lenders by forcing them to get licenses, making them responsible for discovering whether borrowers can really repay and fining them for...

Local builders agree to forgive $2 million in second mortgage loans

Some Gaston and Cleveland homebuyers won’t have to repay nearly $2 million in second mortgage loans after three local builders agreed to forgive those loans in exchange for avoiding charges of unfair and deceptive lending practices. “They were illegally acting as...

Local builders agree to forgive $2 million in second mortgage loans

Some Gaston and Cleveland homebuyers won’t have to repay nearly $2 million in second mortgage loans after three local builders agreed to forgive those loans in exchange for avoiding charges of unfair and deceptive lending practices. “They were illegally acting as...

Stealing a Fortune from Debt Relief

This is such a sick practice, it is a pretty simple structure, and the people involved are very connected to whomever holds the political power in the wealthiest countries.  It just so happens Mr. Bush could...

Coin dealer must repay $16.7 million (AP)

" TOLEDO, Ohio - A former GOP fundraiser convicted of embezzling from a state investment in rare coins must repay the state $13.7 million, a judge ruled Monday. Tom Noe was sentenced last week to 18 years in prison for his role in a scandal that contributed to the Republican...

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