Monthly Archives: March 2011

Rhode Island payday loan bill seeks strict interest rate cap

Rhode Island legislators have introduced 2011 H 5562, a bill to cap payday loan rates at an untenable 36 percent APR. Here we go again...
Shot of the Rhode Island capitol building, taken from a distance, down a tree-lined walkway.

Release of discount window data reveals big European bank bailout

The long-awaited release of discount window data by the Federal Reserve illustrates the global impact of Wall Street bank failures ...
discount window lending

Payday Loans and How You Can Protect Your Personal Information From Identity Theft

Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.
Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.

New jobless claims decline; employers may be hiring

New unemployment claims declined last week by 6,000, and overall, long-term unemployment claims are decreasing as well.
Unemployment line

Microsoft adds complaint to EU antitrust investigation of Google

Microsoft has joined Google's European rivals in a complaint that has triggered an antitrust investigation against the search engine giant.
microsoft antitrust

Avoid the debt settlement agreement benefit on your credit card

The Government Accountability Office urges consumers to think carefully before opting for a debt settlement agreement on their credit card.
A credit card secured by chains and locks.

How People Are Taking Advantage of Installment Loans To Cover Budget Shocks Today

Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.

Bailout loans paying dividends as banks rebound from recession

Wall Street has rebounded from the recession, and loans that were lent to financial institutions have made the U.S. Treasury a profit.
Tim Geither

Obama calls for urgent overhaul of national energy policy

At a recent appearance, President Obama called for an overhaul of the nation's energy policy including a major reduction in oil imports.
Obama speech

GOP balanced budget amendment is irresponsible political theater

Even the conservative American Enterprise Institute thinks the GOP plan to blackmail Congress into a vote on the amendment is a bad idea.
u.s. constitution

Short Term Loans Are Available Without Credit Checks - What Does That Mean For You?

Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?
Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?

Demand for same day loans is tremendous, FDIC says

Personal loans and same day loans are popular, but banks have proven too top-heavy to offer them effectively, according to the GAO.
The logo of the United States Government Accountability Office.

Patent reform bill aims to streamline approval, spur job creation

The antiquated U.S. patent system, overwhelmed by advancing technology, has a backlog of more than 700,000 patent applications ...
patent approval

More banks ending debit card rewards

The ranks of major banks ending debit card reward programs are swelling as the cost of new financial reforms are adding up.
Wells Fargo

You Are Not Supposed To Know Cash Advances Online Do Not Require Any Credit

Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.
Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.

Dodd-Frank will cost nearly $3 billion, says GAO

The Consumer Financial Protection Bureau and all other agencies under Dodd-Frank will cost $2.9 billion to operate, reports indicate.
Close-up of a creased U.S. dollar bill.

Work-from-home job ideas you can use

Sluggish job market got you down? Work from home successfully and avoid getting sucked into a scam by following some of these ideas.
A young woman drinking coffee at her home office desk.

Virginia opening up short-term lending to non-residents

The Virginia legislature has passed a bill allowing title lenders to offer loans to non-residents.
Virginia Senate

Personal Online Lending and How It Can Make or Break Your Family Budget During Hard Times

Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.
Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.

Anheuser Busch buys Goose Island in quest for world domination

Anheuser Busch has just purchased the Goose Island brewery, as macrobrewers are gobbling up many smaller beer companies to dominate markets.
Bud

Companies try to mask price increases by shrinking food packaging

To trick consumers into paying more for less, food manufacturers have made an art form of shrinking packaging in unnoticeable ways ...
food inflation