In profile with Matthew Cheetham CEO of Harrington Brooks

We also provide an increasingly broad range of financial and legal services to overly indebted UK consumers. As well as debt management, IVAs, PTDs etc. which Harrington Brooks is well known for, we also have a solicitors business (Castle Keep Law) which provides legal advice to all of our customers, as well as specialising in care home claims. In addition to this, we also have a claims subsidiary, Financial Claim Services, which helps customers reclaim PPI premiums and packaged bank account charges if they have been mis-sold.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders With …

NEW YORK, Sept. 30, 2014 (GLOBE NEWSWIRE) — Pomerantz LLP has filed a class action lawsuit against Ocwen Financial Corporation (Ocwen or the Company) (NYSE:OCN) and certain of its officers. The class action, filed in United States District Court, Southern District of Florida, West Palm Division, and docketed under 14-cv-81064, is on behalf of a class consisting of all persons or entities who purchased Ocwen securities between May 2, 2013 and August 11, 2014, inclusive (the Class Period). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934 (the Exchange Act).

If you are a shareholder...

Is an SUV Purchase a Good Idea when I Have Bad Credit?

We know how it goes. The family SUV breaks down, and not during the best of times for you, your family or your credit. But you need that vehicle to get the kids to and from school, soccer practice and dance recitals. But can you afford it with a challenged financial situation?

Ill be completely honest with you here: if you are dealing with damaged credit and trying to put your finances back in order, you should be looking very critically if now is the best time to buy an SUV. Most SUVs even used ones with decent mileage still cost $20,000 or more. Even an SUV with moderate to high mileage can cost you over $15,000 or will hold less then a comparative sedan or hatchback.

An...

Best in Resale New Cars for Credit Challenged Buyers

We slice and dice the list of Kelley Blue Book 2014 Best Resale Value award winners to find those most suitable for borrowers with credit issues

Our Experience

At Auto Credit Express we want buyers with bad credit to realize that there is a difference between the price and cost of a new car. Price is what you pay for a vehicle while cost is the total overall expense of a car, truck or SUV over the lifetime of ownership. These costs are related to its fuel efficiency, reliability, maintenance and, in particular, depreciation. Understanding the difference is key when it comes time to develop your loan budget.

According to those in the know at Kelley Blue Book, during a typical...

Reverse Mortgage Schemes Targeting Elderly

Elder abuse involving reverse mortgages is high on the Consumer Financial Protection Bureaus radar screen, according to senior legal advocates.

Its a very significant issue for us, said Nora Dowd Eisenhower, assistant director of the CFPB Office of Older Americans Policy.

Eisenhower was among the senior legal advocates who spoke at the American Bar Associations National Aging and Law Conference on Thursday.

She said more seniors are in danger of losing their homes from reverse mortgage loans as the average age seniors obtain them has dropped from 73 in the 1990s to almost 62.

One concern is reverse mortgage ads that tout the loans as free money, but fail to mention...

October 29, 2014 CFPB HMDA Rule Comment Deadline Approaches

On October 29, 2014, the comment deadlinefor the CFPBs proposed rule to change the information reported by financial institutions regarding the mortgage loans they originate will end. The proposed rule would update reporting requirements and greatly expand the types of loans that are subject to reporting under the Home Mortgage Disclosure Act (HMDA).

New types of transactions, like reverse mortgages and home equity lines, will be included. Going forward, institutions will report all closed-end loans, open-end lines of credit, and reverse mortgages. Unsecured home improvement loans would no longer be reported. Open-end lines of credit and reverse mortgage loans would also have...

Sungage, DCU to provide $100 million in solar loans

Digital Federal Credit Union is partnering with Sungage Financial, Inc. to provide $100 million in loans for homeowners to install solar panels on their roofs and save money on rising energy bills.

The loans from the Marlborough bank will become available to Massachusetts, New York, Connecticut and New Jersey residents over the next month and then expand to other parts of the country in 2015. Sungage, a Boston company that helps homeowners find solar financing, said it expects the program to fund 4,000 installations. There are currently about 13,000 residential solar installations in the state.

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Safeguarding Your Personal Data: POODLE

At Auto Credit Express we take protecting your information from online vulnerabilities like Heartbleed very seriously. Now, Google has recently announced another yet vulnerability people are calling POODLE. Here is what we are doing to protect your data, and some information about how you can protect yourself.

What is POODLE?

When a web browser securely communicates with a web server, the two go through a handshake process where they decide how to talk to one another. One of the protocols for secure communication is called Secure Sockets Layer (SSL). SSL was developed by Netscape back in the 90’s and has since been superseded by Transport Layer Security (TLS). However...

Agricultural grants and loans approved

More than $1.8 million to invested across state

More than $1.8 million to invested across state

OWENSBORO, Ky. (Oct. 17, 2014) — Today the Kentucky Agricultural Development Board and the Kentucky Agricultural Finance Corporation approved a combined total of $1,888,794 in grants and loans during their monthly business meetings at the Owensboro Convention Center.

Approved grants and loans:

Environmental Stewardship

  • The Deceased Farm Animal Removal Program serves as a measure to facilitate the coordination of environmentally sound and cost-effective disposal of deceased livestock for Kentucky producers. A Deceased Farm Animal Removal...

FCA calls for debt management firms to raise standards

The Financial Conduct Authority (FCA) recently called on debt management firms to raise their game in advance of new assessments for consumer credit authorisation.

Debt management firms, payday lenders and credit brokers were the first up for scrutiny by the financial watchdog, which announced it would impose a more rigorous process for authorisation than the previous Office of Fair Trading (OFT) licensing regime.

Consumers with a number of debts often use management firms as a way of consolidating their debts. Payments made to these companies are then shared out between their creditors.

However, the financial watchdog has identified a number of instances in which these...