State Comptroller DiNapoli and Dept. of Financial Services Superintendent Harris Designate New Banking Development District Branch to Support Community Banking in Red Hook

State Comptroller DiNapoli and Dept. of Financial Services Superintendent Harris Designate New Banking Development District Branch to Support Community Banking in Red Hook

Comptroller Deposited $10 Million in Public Funds to Spring Bank Branch as Part of Program to Increase Access to Financial Services in Historically Underserved Communities New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris today announced the approval of Spring Bank’s Red Hook Branch as a Banking Development […]

When Should Someone Avoid a Debt Consolidation Loan? Alternatives to Consider

When Should Someone Avoid a Debt Consolidation Loan? Alternatives to Consider

By Brian Figeroux, Esq.  Debt consolidation loans can be a useful financial tool for combining multiple debts into a single, manageable payment. However, they are not always the right solution for everyone. In some cases, taking out a debt consolidation loan can lead to even greater financial difficulties. This article explores when someone should avoid […]

The Exploitation of Consumers by Car Dealerships Selling Overpriced Lemons at High-Interest Rates

The Exploitation of Consumers by Car Dealerships Selling Overpriced Lemons at High-Interest Rates

By Esther Claudette Gittens The dream of car ownership often turns into a financial nightmare for many unsuspecting consumers. Across the United States, predatory car dealerships exploit vulnerable buyers by selling overpriced vehicles, commonly referred to as “lemons,” financed through high-interest loans. These practices often lead to financial ruin for consumers, culminating in bad credit […]