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Co-sign for Law School?

May 20, 2008
Question: I am 58 years old, a self-supporting teacher, and anxious about my retirement savings. My son at the age of 29 has decided to go to law...

Mortage Paydown and Baby Boomer Retirement

May 19, 2008
Question: I am 55 years old, earn $62,000/year and I have a mortgage on my condo slated to pay off in six years (2014). My current mortgage balance...
Posted In: Housing, Investing

Immediate Annuity

May 17, 2008
Question: I am turning 70 in June and retiring as of July 1. I will be taking monthly disbursements from my IRA. I still have a balanced portfolio...
Posted In: Retirement

Questions answered on air for May 17-18

May 16, 2008
On this week's Marketplace Money, Chris and Scott talk about a sorority's collection agency threat, dissolving an LLC, timeshares and digging up an...

Points?

May 16, 2008
Okay, I've learned the hard way that I can't stay in a hotel without a good Internet connection just to save a few bucks, It isn't worth the time...
Posted In: Housing

CDs?

May 16, 2008
I want to apologize. I am in the communications capital of the world--New York City--but I had all kinds of problems hooking into the Internet, at...
Posted In: Investing

HSAs

May 13, 2008
Question: My employer is switching from a high-deductible health insurance plan to a traditional plan. I have accumulated enough in my HSA to be...
Posted In: health care, insurance

Reading Suggestions

May 12, 2008
Question: I'm a 33 yrs old stay-at-mom and I also work freelance a couple of hrs per week. I have 2 kids under 5 yrs old. My husband is a research...
Posted In: Books

Questions answered on air for May 10-11

May 9, 2008
On this week's Marketplace Money, Chris and Tess talk about all kinds of investments: annuities, SIPC, Coverdale IRAs and auction-rate securities....

Payment Plan?

May 9, 2008
Question: I'm a grad student on a very tight budget. I worked for a few years before coming back to grad school, and unwisely brought some credit...
Posted In: Credit Cards

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About this collection

A near billion dollar company, World Finance is the largest of an often-overlooked breed of high-cost lender: installment lenders. Ranging from a few hundred to a few thousand dollars, the loans typically last anywhere from six months to three years. The industry boasts millions of customers and over 4,000 locations across at least 19 states, mostly in the south and Midwest, and touts the product as a consumer-friendly alternative to payday loans. World and its competitors gouge borrowers with unnecessary insurance products and persuade their customers to renew their loans over and over again, creating a cycle of debt that often grinds on for years.