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Consumer Financial Protection Bureau wants to end “Debt Traps”

Auto Equity Loans

The short-term lending industry is setting up American consumers to fail is the conclusion the CFPR has reached.

Easy Cash at the low low rate of 700 percent

Chained to debt

Payday loans charging 700 percent interest

Can You Pay a Discharged Debt After Bankruptcy?

Pay to the order of

People regularly ask to “not file” bankruptcy on a particular debt. If you wish to repay a discharged debt because it is owed to a family member, a family doctor or store where you do business, you can provided you do it in the right way.