2 August 2016 | |
Have you ever come across the sinister term money laundering? To put it simply, money laundering is any process in which crooks hide stolen or illegal money with the legitimate kind. It's commonly used by drug kingpins, organized crime and tax evaders. One popular way to launder money is to buy an...
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San Francisco is a landlord's dream but a renter's nightmare. Since 2008, rents in the city by the bay have climbed by 50 percent due to an enduring housing shortage. City officials are cognizant of the problem, and have taken an interesting step to address it. Earlier this week, a new law passed...
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The Consumer Financial Protection Bureau announced on Thursday that it's taking on debt collectors, marking the first time in 40 years that a regulatory agency has updated the rules governing the $14 billion industry. The new rules will apply only to third-party debt collectors, companies that...
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Have you ever had debt problems to deal with? About 70 million Americans, or nearly 1 in 4, have debts in collections. Last year, the Consumer Financial Protection Bureau received more than 80,000 complaints related to debt collection agency practices. And they've recently proposed new rules to...
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