Jack Johnson files for bankruptcy thanks to parents’ loans against contract

Who do you trust with your money? Many of us would probably list “parents” near the top of that list. Which is why the tale of Columbus Blue Jackets defenseman Jack Johnson is so shocking and deplorable. Aaron Portzline of the Columbus Dispatch reported on Thursday that Johnson filed for bankruptcy on Oct. 7, claiming […]

Nation’s Biggest Buy-Here, Pay-Here Dealer Fined $8 Million

It’s been a bad week for debt collectors who employ questionable tactics. The largest buy-here, pay-here car dealer in the nation must pay an $8 million civil penalty after an investigation by federal authorities found it had repeatedly harassed consumers and furnished incorrect information to credit bureaus. DriveTime Automotive Group offers car purchase agreements that […]

Student Loan Crisis Busts Retirement Savings

California’s Congressional delegation, the largest and most influential in the nation, is undergoing a major upheaval, the result of reapportionment and retirements, threatening the state’s influence in Washington next year and forcing members to scramble to withstand what is emerging as a generational wave. A quarter of the state’s 53-member delegation to Washington could be […]