Monthly Archives: March 2011

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

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

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

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.

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

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.

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.

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

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

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.

Unpaid labor trend threatens to further undermine job market

Businesses are exploiting desperate people who are willing to work for free to keep their employment prospects alive and gain experience.
work for free

Colorado installment loans bill HB 11-1290 up for debate

Colorado House Bill 11-1290 would require that consumers pay the entire installment loans origination fee, rather than a pro-rated version.
The Colorado State Capitol building.

Rise in national vacancy rate not worth panicking over

Many statistics concerning the real estate market get reported, but the national vacancy rate is not the harbinger of doom some think it is.
Ghost town

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.

Choosing the certificate of deposit that is right for you

A certificate of deposit is a safe way to earn interest on your money. Read here for advice on choosing the right type of CD for you.
Clip Art image of a bank building with a dollar sign superimposed in the top-right corner of the frame.

Fukushima disaster lays bare the cost of nuclear power

Rising construction costs and the potential cost of a nuclear accident are making clean energy alternatives more attractive to investors.
fukushima disaster

Cost of FHA loans set to increase again

Federal Housing Administration supported loans are about to get more expensive, adding another 0.25 percent interest to all mortgage loans.
For Sale

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.

A small business perspective on payment systems

Congress is considering legislation that would put a hold on reducing card interchange fees, but small businesses need the boost of lower fees.
Credit card machine