Monthly Archives: April 2011

Federal probe into robosigning reaches initial settlement

The federal government has completed its investigation into the robosigning scandal and reached an initial settlement with the banks involved.
Chase

Can’t pay your taxes? What to do about extensions and interest

If you can't pay your taxes, you do have options but all of them start with contacting the IRS, and you must file even if you can't pay.
Tax Extension form

Consumers advised to avoid credit card protection plans

Credit card debt protection plans are great for credit card companies but end up being not very beneficial for people who enroll in them.
Credit Card

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.

Killing payday lending does not fight poverty

The Anti-Poverty Coalition of Greater Dallas has attacked payday lending and ignored the financial effect eliminating short term credit.
A demotivational poster for unemployment. An Imperial storm trooper from “Star Wars” sits alone on the subway. The caption reads: “Unemployment: Sucks when your job gets blowed up,” referring to the destruction of the Death Star.

Pimco moves market with short position on U.S. government debt

The world's biggest bond trader has gone short on U.S. Treasury bonds and warns investors not to trust Congress to solve the debt problem.
source of U.S. government debt

Investing basics and how NOT to invest

Armed with some basic investing ideas – including knowledge of how not to invest – you can build wealth with confidence.
A blonde woman wearing a business suit.

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.

Most Americans still believe in real estate as an investment

Despite housing still slumping in a recession, Americans still believe real estate is the best investment a person can make in the long run.
Housing

Student loan debt expected to hit more than $1 trillion in 2011

Student loan debt is expected to rise even faster as tuition increases and federal financial aid options dwindle.
exterior of a building on a college campus

Expensive alternatives to checking accounts becoming more popular

Prepaid debit cards are touted as a great alternative to checking accounts. The cards can be expensive but helpful for those without bank accounts.
Stack of credit cards

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.

Federal Reserve not planning to reign in credit supply yet

Worries about inflation have caused lawmakers and financial experts to ponder whether the Federal Reserve should curb the credit supply.
Federal Reserve Vice Chair Janet Yellen

Right for consumers to choose preserved in Kentucky

Kentucky House Bill 182 fell in defeat, keeping the freedom of financial choice in the hands of consumers, according to Kevin Borland.
A tour group on the interior steps of the Kentucky capitol building.

CEO pay soars as flat middle class wages erode with inflation

Rising food and gas prices are cutting into stagnant middle class wages as CEOs cash in on the productivity of U.S. workers.
middle class wages

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.

Recovery Watch: Credit card mail has increased dramatically

Credit card mail has increased considerably, a sign of credit easing. Know some of the major ploys card companies use to get you to sign up.
A stack of credit card mail offers, with diagrams that highlight the major card issuers and the three major credit bureaus.

Stashing cash at home backfires in Japan tsunami zone

Thousands of metal safes and parcels of cash are turning up in the wreckage a month after the Japan earthquake and tsunami.
japan tsunami zone

Energy crisis jitters hit as gas prices approach record high

Gas prices continue to increase, and as the cost of gas nears a record high, fewer consumers are willing to pay the price at the pump.
Gas station

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.

New regulations make mortgages tougher for the self-employed

New lending regulations in the United States are having the effect of making mortgages much less accessible to self-employed people.
Mortgage form

Government shutdown does not postpone IRS deadline

There is a looming government shutdown, but it does not negate the obligation to file an income tax return with the IRS by April 18.
Form 1040EZ