Monthly Archives: March 2011

Mississippi reporter misunderstands no credit check payday loans

Mississippi House Bill 455 extended the life of payday loans in the state. A Clarion-Ledger reporter objects but doesn't have a good argument.
A “Welcome to Mississippi” road sign that labels the state “Birthplace of America's Music.”

Webster, Mass., to try shaming landowners into evicting squatters

One small town is trying to shame landowners by placing 4-by-8-foot signs with their phone numbers in front of badly maintained properties.
Abandoned property

Libyan crisis inflates fuel and food prices, says UN

The Libyan crisis has halted oil production there, causing oil to exceed $100 per barrel. Global food prices have shot up as a result.
Gallons of milk on a supermarket shelf.

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.

Loss of refund cash advance product cuts H&R Block revenues

As a result of being forced to stop offering a cash advance against tax refunds, H&R Block has been losing revenue this tax season.
Tax preparation

AIG and General Motors make strides in repaying bailouts

Two companies that received large amounts in bailout loans, AIG and General Motors, have made progress toward paying back taxpayers.
AIG

Federal Trade Commission shuts down work-from-home companies

The Federal Trade Commission and Department of Justice have taken steps to shut down more than 90 work-from-home companies because of fraud.
Work from home

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.

Consumer Financial Protection Bureau funding in jeopardy

Even before it got off the ground, House Republicans have tried to choke away the budget of the Consumer Financial Protection Bureau.
“Bankrupt” spelled out vertically in white script against a black background.

Fannie Mae and Freddie Mac limping back to profit

Troubled mortgage houses Fannie Mae and Freddie Mac are starting to turn around. They're still losing money, but they are losing a lot less.
Timiothy Geithner

Costco adjusting offerings amid strong sales and dropping stock

Costco warehouses will be taking one popular class of products off the shelves and adding an unusual product as sales continue to increase.
CostCo

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.

The no-so-hidden lifetime cost of a bad credit score

A bad credit score or a credit score report that contains errors can rob a person of thousands of dollars over a lifetime.
credit report errors

Economic effect of biking vs. driving is astounding, experts say

The economic effects of biking, compared to driving, could save cities and states millions of dollars, according to recent studies.
A bike commuters' street sign depicting a man flying over the handlebars after hitting a divide in the pavement.

Microfinance pioneer Yunus fired by Bangladesh government

Muhammad Yunus, a pioneer in the field of microfinance, has been forced out of his position at Grameen Bank by the Bangladesh government.
Muhammad Yunus

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.

Clock is ticking on $1.1 billion in unclaimed 2007 tax refunds

Low-income taxpayers who didn't file for 2007 could have money coming thanks to the Earned Income Tax Credit ...
tax return

Why GDP is not the best measure of economic growth

The Gross Domestic Product is an often-cited number to measure economic growth, but problems with this number call its relevance into question.
GDP

How to protect yourself from unwanted spam

Too much spam is a nightmare! There are a couple of important things you can learn to arm yourself with the right tricks to combat spam.
A woman sitting at a laptop, looking upset.

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.

Big businesses present wish list for consumer finance regulation

In a letter to the U.S. government, big business groups spell out hopes for the immediate future of the Consumer Financial Protection Bureau.
Protestor waving a sign that reads, "Financial reform now!"

Polls show most of US favors collective bargaining rights

A majority of people in the U.S. support labor unions' collective bargaining rights, according to multiple national polls conducted by media.
A round, orange California union badge bearing the slogan, “Your Rights At Work: Worth Fighting and Voting For.”