Category Archives: Issues

Introduction to Overtime

The U.S. Department of Labor on May 18 announced new overtime regulations outlining which employees are entitled to time-and-half overtime pay under the Fair Labor Standards Act. The final rule, effective Dec. 1, 2016, bumps the standard salary threshold at which executive, administrative, and professional workers are entitled to overtime pay from $23,660 to $47,476 per year.

The change to the rule means that millions of workers — including single mom Elizabeth Paredes, who was previously locked out of overtime at her job as the assistant manager of a sandwich shop – will either gain overtime protections or receive … Read more

Credit Report Issues Briefing

How employers use credit reports

A person’s history of paying off debts such as car payments, mortgage debt, student loans, credit card accounts, and other repayments is summed up in a credit report. Credit reports help lenders determine whether to offer a prospective borrower a loan, as well as what interest rate to offer. However, data suggest that it is common for employers to use a potential hire’s personal credit report to justify hiring decisions. In fact, a 2013 survey found that credit checks have become a barrier to employment for some, with 1 in 10 of survey respondents … Read more

Payday Lending Briefing

Payday lending

Need quick cash? If you’re thinking about writing your check payable to payday loan, think twice before signing it. Although it may seem like a simple and easy way to get fast cash, it’ll only put you in endless cycle of debt.

What is a payday loan? Payday loan, also known as cash advance loan or check advance loan, is a short-term loan where an individual writes a post-dated personal check in a small amount one wishes to borrow plus a borrowing fee. The payday lender will cash the check if the borrow is unable to repay … Read more

Debt Collection Briefing

Debt collection overview

You owe money on your bills and now a debt collector is contacting you, but you have no money for repayment. Before you ignore them, educate yourself in what your options are.

The following information is obtained from the Federal Trade Commission (FTC) Consumer Information which is found online at http://www.consumer.ftc.gov/articles/0149-debt-collection. FTC is the nation’s consumer protection agency that enforces the Fair Debt Collection Practice Act (FDCPA) which “prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you.”[1] The debt you owe from personal, family and household (excluding debt owed from operating … Read more

Consumer Protection Briefing

Consumer protection overview

American shoppers are projected to spend an estimated $462.95 on gifts for family members this holiday season, according to reports from the National Retail Federation. Some shoppers, swayed by a salesperson’s well-meaning exaggeration, may be disappointed by the goods they buy. Some shoppers may even believe they have been deceived by sellers who have gone beyond mere overstatement. Of these unsatisfied customers, some may choose to pursue legal action.

When shoppers are duped by defective products or dishonest business practices, they may rely on private action and a complex web of state and federal consumer protection … Read more

Skip Child Support. Go to Jail. Lose Job.

Walter Scott’s shooting death while he was fleeing the police was allegedly due to his fears of arrest related to unpaid child support.  This theory is prompting an examination of local child support enforcement in the United States.  Many states across the country are incarcerating primarily destitute parents for failure to pay child support, making it harder for the parents (primarily non-custodial fathers) to pay child support.  One study found that low income men are ordered to pay an average of 83% of their income for support while upper income men are order to pay a lower percentage.