The Credit CARD Act created a number of provisions meant to protect consumers.

Oversight in Credit CARD Act could cost you money

The Credit CARD Act, effective since Feb. 22 this year, created a number of provisions designed to protect consumers from the deceptive practices of credit card companies. However, there was one major loophole in the law’s stipulations for payment allocation that has left consumers with very little protection from an unfair payment system. Changes in
a sign depicting a hand reaching for money with a slash through it

Financial reform goes after consumers who need pay day loans

Pay day loans have been targeted by Congress in its financial reform bill. Pay day lenders wonder why a financial reform bill made to stop the crimes of filthy rich Wall Street bankers goes after a financial service that helps ordinary people. The fact that pay day loans are part of the financial reform bill
Scissors

YouCut blends social networking and government finance

A new project has been launched called YouCut.  The idea is to alert voters to some of the spending cuts before Congress and get them to sound off about them. The originator of the project is House Minority Whip Eric Cantor (R-Va).  The website highlights spending items and allows people to vote online or use
A black swan in the water, facing the camera

Black Swan author Nassim Taleb linked to stock market flash crash

Black Swan is the title of a book that examines stuff no one thinks can happen, but does — like last week’s high speed trading meltdown of the Dow Jones Industrial Average. Nassim Taleb, author of “Black Swan: The Impact of the Highly Improbable,” describes the rise of the Internet and the September 11, 2001
Prescription bottles

Accutane: One lawsuit settled, thousands filed

Roche Laboratories, makers of Accutane, have settled a lawsuit in Illinois before it reached court. Accutane has been implicated in more than 1,000 lawsuits, claiming side effects ranging from IBS to severe depression. Roche Laboratories has spent more than its fair share on payday cash to settle lawsuits – but what is the fate of
A woman wearing a dress made of gold coins. That's exorbitant and unreasonable, at least in most people's minds. Payday lending is neither of those things, as you'll see.

Usury and payday loans: An unreasonable comparison

Payday lending has been criticized on numerous grounds by a variety of sources, but inevitably these criticisms tend to point back toward a single source: usury. Lending and the charging of interest – even the concept of “exorbitant or unlawful rate of interest,” as a Google search defines usury – very likely predate the creation
Use online payday loans to take care of the after-effects of a break-up.

How to pay bills after a breakup: with online payday loans

Breaking up is hard to do, especially when you are forced to pay the bills you used to split with your ex; good thing online payday loans are available to help you keep up with all those bills you are used to sharing. Keep reading to learn how to pick up the pieces and pay
Dictionary

Malamanteau | Defining a new word

There are many reasons new words are created, but “malamanteau” is confounding many people. If you’re a fan of XKCD the webcomic, you saw what one author believes malamanteau means. However, if you’ve heard malamanteau as the word of the day at the coffee shop or water cooler, you may be wondering what the heck
Logo for Permian High School in Odessa, Texas. Apparently they don't teach the differences between 16- and 22-year-olds in health class, if Guerdwich Montimere's ruse is any indication.

Guerdwich Montimere, 22, nabbed for posing as high schooler

Guerdwich Montimere clearly subscribes to the notion that high school represents “the best days of our lives.” The 22-year-old graduated from Dillard High School in Fort Lauderdale, Fla., in 2007. A basketball star, he helped lead his team to the state semifinal before going on to a brief playing career at an Illinois junior college.
Mojave Desert

Controversial Mojave Cross stolen

Just weeks after a decision by the Supreme Court to keep a large cross erected in a state park in California, there’s been a strange turn of events. It appears the Mojave Cross was stolen.  It isn’t known who did the deed or why.  Speculation is likely to run rampant, but the cross put up
a seabird covered in thick oil stranded on the beach

BP oil leak executives point fingers in Senate hearing

The BP oil leak made its way into the political arena Tuesday when top oil company executives testified at a hearing before the Senate Energy and Natural Resources Committee in New York. As the 2010 oil spill in the Gulf of Mexico continued unabated, suits from BP, Transocean and Halliburton each blamed the other guy
an android phone, open with keyboard deployed

Android vs iPhone: Droid outsells iPhone in Q1

The iPhone vs. Android battle just got more interesting as the underdog Android phone outsold Apple’s iPhone in first quarter 2010 U.S. smartphone sales. Android won this most recent iPhone vs. Android battle, but Apple is still winning the iPhone vs. Android war. Apple enjoys a huge lead in total smartphone sales over Android. Blackberry
Wall street bull statue

Dow Jones surges as fears of European debt crisis subside

The Dow Jones surged Monday, reacting to a European Union instant cash loan for avoiding a European debt crisis. The Dow Jones today, in sharp contrast to late last week, rose more than 300 points Monday morning. The Greek bailout and fear that a European debt crisis could spread around the world had investors running
Italian Prime Minister Silvio Berlusconi with his hands in the air and a smile on his face. He certainly isn't smiling about losing $105 million Villa Belvedere in his divorce settlement, though.

Silvio Berlusconi loses grand Villa Belvedere in divorce

As Italian Prime Minister Silvio Berlusconi well knows, divorce can be painful. Truly, it is it the ceremonial end of love, complete with all the bitter infighting and financial shenanigans one would expect from such dark comedy. One sides says all she wants is to be on equal footing following with her former mate, but
Smiling baby

Most Popular Baby Names for 2009

Whether you have a bun in the oven, or are just curious, there is actually a list compiled every year for the most popular baby names. The most popular baby names list for 2009 came out recently, and it is an interesting tidbit, in case you want to escape the doom and gloom of the
Green Tea Frappuccino from Starbucks Happy Hour

Starbucks Happy Hour | Half price frappuccinos

Today, Starbucks began a 10-day blitz, perfectly timed for the arrival of warmer weather — the Starbucks Happy Hour. Starbucks Happy Hour, from 3 to 5 p.m. every day from May 7 to May 16, celebrates the “new” Frappuccino blended drink: build your own frappuccino. At half-price, you won’t need a personal loan to enjoy
stock trader signaling thumbs down

Wall Street panics as high speed trading tanks stock market

Wall Street breathed a little easier and the end of trading Thursday. The Dow Jones Industrial Average finished the day down only 348 points. Earlier in the day the stock market dropped like a rock — 1,000 points and nearly 700 points during one panic-stricken stretch. On Friday Nasdaq canceled the trades of 296 stocks