The Fitch Group announced this week that it believes fixed-rate private student loans just might be the answer to kick-starting the loan industry. The company, though, does temper this advice with the warning that competition from variable-rate private loans and …

Did you know that high interest loans, like payday loans are typically doing more harm than good for American Borrowers? Many of these loans have annual percentage rates equivalent to 350% ! Low income families who don’t meet requirements for …

The Federal Trade Commission has created a website for a fake lending company that warns people about how easy it is to be tricked by scammers charging upfront fees for bogus loans.

The website is part of a consumer education campaign to help consumers manage their money and learn how to spot scams.