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James Rennick needed $ 125,000 quickly. It was January 2017 and Angela, his high school friend and wife for five decades, was dying of lung, kidney, bone and brain cancer. He needed a home equity loan for renovations that included a full bathroom downstairs, an air conditioner so Angela could breathe the Florida heat, and …

Late payments are the bane of the existence of any troubled consumer. By paying off a credit, car loan, or mortgage after the payment is due, borrowers trigger an avalanche of negative outcomes, including higher interest rates, late payment fees, and lower credit scores. among other financial headaches. Lenders and creditors take payments seriously, as …