National Consumers League

Personal Finance

Hot Topics in Personal Finance

Need extra cash for the holidays? Beware of online payday loan offers

piggy bank wearing santa hatWith increased expenses around the holidays, consumers may find themselves running short of cash for other bills, and some may be considering payday loans to cover the short-term need. Thinking about a short-term loan? Better think twice.

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Business directory scams preying on small business owners

Yellow pagesThe National Consumers League’s Fraud Center is warning businesses and non-profit organizations to be on the guard for con artists armed with bogus “invoices” for business directory listings. We regularly receive complaints about this scam, but so far in 2012, we have received more than 100 complaints, a 500 percent increase (no, that’s not a typo) versus the first nine months of 2011.

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Payday lending scams kicking consumers when they're down

Payday loan applicationPayday loans are notoriously bad deals for consumers, providing short-term fixes to financial dilemmas at an extremely high cost. Con artists are finding ways of making them even worse.

Read more: Payday lending scams kicking consumers when they're down