The Federal Trade Commission (FTC) is responsible for uncovering a massive operation by Automated Electronic Checking Inc. (AEC) and its principals, John P. Lawless, and Kenneth Mark Turville to process $ millions from consumer bank accounts without authorization. The company and its principals have been ordered to pay $950,000 to settle the action against them. In a … Continue reading »
Where’s the wealth?
Do you think you know how wealth is distributed in America? Upworthy posted this video that shares some shocking statistics about the real picture of how much goes to the rich, and how little goes to the poor.
South Carolina Graduation Rates Improving, Working Toward Goal
A report from America’s Promise, Alliance for Excellent Education says it appears the nation is on track to make its goal of a 90% graduation rate by 2020. According to the report, SC is one of the states that is in the “Further Accelerate” category, meaning its rates are improving, but needs to accelerate progress … Continue reading »
Major Banks Link Payday Lenders to Vulnerable Consumers
Is your bank on your side? You may think so, given your possible dedicated and trusted history with your bank. But what if you found out your bank was working behind-the-scenes and selling you out if you were engaged in risky payday lending tactics? Jessica Silver-Greenberg of The New York Times explores how major banks … Continue reading »
