Daily Archives: June 3, 2010

Illinois tries to curb payday lending and wage theft

Illinois has passed a host of legislation recently, restricting payday lenders and going after dishonest employers who cheat employees...
Illinois Capital Building

Gaza blockade 2010 by Free Gaza Flotilla a PR victory for Hamas

The Israeli raid on the Free Gaza Flotilla, the latest battle in the Israeli/Palestinian conflict, was a PR victory for Hamas.
Hamas demonstrators waving flags

BP CEO Tony Hayward gets small victory amid turmoil

The second attempt to cut leaking pipes in order to cap them has succeeded, which may be some relief to BP CEO Tony Hayward. READ MORE...
Wine Cork

Payday loan APR Fees and How They Compare To Other Financing Rates

A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.
A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.

Joran van der Sloot booked for murder again

Joran van der Sloot, infamous suspect in the Natalee Holloway case five years ago, has been arrested for another murder, this time in Peru...
Police Handcuffs

A balanced look at payday loan interest and free market principle

Payday loan fees are based on the free market, yet some try to make invalid comparisons with interest rates for home and auto loans. READ ON...
a pile of bills

Krispy Kreme, Dunkin Donuts celebrate free doughnut day

June 4 is National Doughnut Day, and you can get free doughnuts at some Dunkin Donuts and Krispy Kreme stores. Or make your own! READ MORE...
Doughnuts

Installment Loans Online and How They Differ From The Average Payday Loan

One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.
One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.

Without overdraft fees, will banks fire customers?

Congress has cracked down on overdraft fees, including those incurred by debit card transactions. Will banks have to "fire" bad customers?
Witness a caricature photograph of a man watching his money literally go down the drain. That's the way many customers who have had to deal with bank overdraft feel. As laws clamp down on what banks can charge, will banks simply fire customers?

Rates for bank to bank short term loans going up

The rate that banks charge one another and the rate short-term lenders charge businesses is about to go up. What is causing this? READ ON...
Bank lending rate

Maytag Dishwasher Recall | 1.7 million fire hazards

Maytag corporation has recalled dishwashers for a fire hazard. See which serial numbers are included and what to do with recalled machines...
Dishwasher