Monthly Archives: January 2011

Missouri House Bill 132 stifles free market competition

Rep. Mary Still (D-Mo.) is pushing House Bill 132, which would place an untenable cap on payday loans and cost jobs in the process.
A rolled-up dollar bill sitting upright on a table.

BP/Russia oil deal touted by Putin, doubted by US Congress

A BP/Russia oil deal is heartily endorsed by Vladimir Putin, but it has raised red flags with certain members of the United States Congress.
bp russian oil deal approved by putin

Michael Steele drops Republican National Committee chair race

Michael Steele dropped out of the running for Republican National Committee chair. Incumbent Steele said the RNC needs something different.
Michael Steele

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.

IRS announces tax refund debit cards for unbanked households

The IRS is offering tax refund debit cards to save money and allow unbanked taxpayers who can't use direct deposit to get their money faster.
unbanked households

Bank of America steels itself for exposure of Wikileaks data

It's believed that Wikileaks has data on Bank of America mortgage, foreclosure and other corruption that could be big enough to kill the bank.
A nonplussed preacher walks away from a Bank of America ATM.

NPSL cards: The credit myth that puts you at risk

There are NPSL credit risks to consider. Find out what No Preset Spending Limit (NPSL) cards are and how they can affect your credit score..
Credit cards

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.

Debt Solutions | Are growing costs pushing you into debt?

There are many debt solutions available, each designed to help with different types of situations. Here are some helpful tips to consider...
A man in debt.

Groupon spurns Google; IPO could exceed $15 billion

Groupon, local business marketing company, spurned Google's $6 billion offer to buy the company. Groupon's IPO could be $15 billion or more.
Variation on the Groupon logo.

Escalating unrest in Tunis causes Tunisian president to flee

Growing unrest and protests in Tunisia have culminated in unpopular President Ben Ali fleeing capital city Tunis and abandoning his office.
Ben Ali

The Ease and Convenience of Short Term Loans Needs To Be Managed In A Smart Way

It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.
It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.

FDA cuts acetaminophen dose in prescription painkillers by half

The FDA has limited the amount of acetaminophen allowed in prescription painkillers in an effort to cut down on overdoses and liver damage.
acetaminophen overdose

USDA home loans showing signs of collapsing

The USDA home loan program was intended to help small, rural communities attract more homeowners -- but it may collapse under bad practices.
Farm

The puzzle of rising retail sales and falling consumer confidence

New reports on higher retail sales and lower consumer confidence present conflicting data; economists say expectation is a better barometer.
consumer confidence

What You Need To Know To Keep From Getting Trapped By Cash Advance Addiction

Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.
Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.

Personal finance surveys show action lags behind good intentions

Recent surveys show more are Americans planning to get their personal finances in order, but few say they are currently acting on those plans.
get financial house in order

Regulate guns like toys or cars, suggests Nicholas Krystof

Gun control arguments are all the rage after the horrific Tucson shooting. Nicholas Krystof argues the U.S. should regulate guns like toys.
A toy cowboy six-shooter in the palm of someone's hand.

Mount Etna erupts in Italy; air traffic interrupted

Italy's Mount Etna erupted, starting Jan. 12, for the first time since 2002. Nobody was injured, but several domestic flights were delayed.
Mount Etna

No Credit Check Personal Loans From The Comfort Of Home - A Good Thing or a Bad Thing?

Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.
Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.

U.S. jobless claims rise, tempering recent economic recovery

U.S. jobless claims are now at the highest level they've been since October, a speed bump on the road to economic recovery.
An unemployed man sitting on his living room couch, staring dejectedly into space.

Treasury to send out fast cash from tax refunds on prepaid cards

The U.S. Treasury is launching a pilot program that lets taxpayers choose to get their tax refunds on a prepaid debit card instead of a check.
Visa Debit