Borrowers told to lie about wages
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People applying for sub-prime mortgages are being advised to lie about their incomes, the BBC has learned.
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The Federal Trade Commission has warned more than 200 companies about "potentially deceptive" mortgage advertisements that could give borrowers false impressions of the cost of home loans.
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A key aide to Tony Blair claimed she was asked to lie about the role of the prime minister's chief fundraiser to detectives probing allegations political honors were traded for cash, the British Broadcasting Corp. reported Monday.
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Console maker accused of fraud, accuses bank of misrepresentation
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Would-be borrowers in the U.S. and Canada are being bilked out of thousands of dollars by unscrupulous online lenders.
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Marsh &amp; McLennan, the US insurance broker accused of rigging the market to win bogus fees from customers, yesterday warned lines of credit from lenders
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Securities regulators told the mortgage giant Wednesday that they are considering civil charges for alleged manipulation of the company's reported earnings.
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A LABOUR AM has attacked the Student Loans Company after it admitted that students who wrote to it in Welsh would get a slower service than those using English.
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Banks are starting to offer loans, but the rates put them beyond most people's reach.
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Guardian reveals wage discrimination claims leave black hole in local authority finances
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By KEVIN G. DeMARRAIS, STAFF WRITER  The Federal Trade Commission warned consumers Wednesday about a scam targeting families of military members.  A caller claiming to work for the Red Cross notifies an individual that a family member has been injured while on duty.
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A childrenâs charity says it wasnât told of mortgage debt risks.
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The homeowners who signed these mortgages must be held accountable somehow ("State to refinance troubled mortgages," July 11). Yes, the mortgage companies may have taken advantage, but if the homeowners had hired an attorney or did their homework, there wouldn't be a problem. This is like rewarding stupidity.
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Mortgage products aren't the problem. Borrowers are.
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Consumers who have become used to writing checks in the expectation of having at least a couple of days to cover them with a deposit may soon be in for a rude awakening.
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Business & money: Â· We warned of trouble months ago, say chiefsÂ·  Loan to ailing lender reaches nearly Â£8bn
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Many consumers believe that credit card come-ons are borderline deceptive. Now, a federal banking watchdog is expressing similar concerns that credit card solicitations promise more than they deliver.