Sherry Deatrick

Payday Lenders' Bites Are Worse Than a Shark's

Unlike payday lenders, a shark will at least show you his teeth. Most people don't realize that in Kentucky, payday loan interest rates are at least 391%, and often over 400%. Ouch. That's quite a bite. Over 40% of borrowers…more

| Consumer Protection

Bankruptcy Fiings Soar Nationwide. In KY? Not so much...

New bankruptcy cases rose by nearly 35% from FY08 to FY09. (The US fiscal year period is 10/1 to 9/30). Yet, some states rose more than others. Only one district had a decrease - the Northern Mariana Islands. Is this the…more

| Bankruptcy

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