Monthly Archives: April 2011
Condominium ownership becoming more difficult
As of March 1, new rules regarding mortgages on condos went into effect, leaving many condo owners and hopefuls in a difficult position.
Wednesday, April 6th, 2011 by By Mary Rice
Paying mortgages getting easier, but housing still depressed
Surveys of consumers are revealing that homeowners are finding it easier to pay the mortgage, but the housing market is still depressed.
Tuesday, April 5th, 2011 by By Peter Stone
Racial discrimination evident in continued bank redlining
Redlining still hasn't disappeared from minority banking, reports USA Today. Minorities are still shut out of many bank loans and mortgages.
Tuesday, April 5th, 2011 by By Steve Tarlow
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.
Parents can help college grads secure internships
Parents can help their kids obtain internships for college grads in just a few easy steps. If they don't do it, who will?
Tuesday, April 5th, 2011 by By Steve Tarlow
Nasdaq rebalancing reduces hedge fund manipulation of Apple stock
Reducing Apple's weight on the Nasdaq-100 makes Apple shares less vulnerable to rumors spread by hedge funds to manipulate the entire index.
Tuesday, April 5th, 2011 by By Thomas Hart
Chances of a dreaded IRS tax audit are low
Tax season brings around the grim specter of an audit by the IRS. Have no fear, as the chances of getting audited are less than 1 percent.
Tuesday, April 5th, 2011 by By Peter Stone
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.
$16 million cable bill quickly reversed by Time Warner
Time Warner Cable attributes a $16 million cable bill to "clerical error." This incident highlights the danger of financial autopilot.
Tuesday, April 5th, 2011 by By Mary Rice
Government employees to bear brunt of government shutdown
Bickering in Congress may lead to a government shutdown to make political points. However, government workers will bear the heaviest burden.
Monday, April 4th, 2011 by By Peter Stone
Refund anticipation loans could become endangered species
Regulations have made it hard for tax preparers to find financing for refund anticipation loan programs, which could disappear altogether.
Monday, April 4th, 2011 by By Peter Stone
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.
Citi to give customers a break by clearing smallest checks first
Citi is voluntarily ending a practice that enables banks to charge customers repeatedly for overdraft protection.
Monday, April 4th, 2011 by By Thomas Hart
Avoid payday loan default with an extended payment plan
CFSA-member payday lenders offer consumers the option of an extended payment plan on payday loans when borrower default is a possibility.
Monday, April 4th, 2011 by By Steve Tarlow
McDonald’s hiring spree will produce 50,000 jobs on April 19
A McDonald's hiring spree – aka McDonald's Hiring Day – will produce 50,000 jobs on April 19. That's more than $518 million in added wages.
Monday, April 4th, 2011 by By Steve Tarlow
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.
Center for Responsible Lending has new report on payday loans
A new report has been released by the Center for Responsible Lending, slamming payday loans lenders, but it's just calling out a few bad apples.
Monday, April 4th, 2011 by By Peter Stone
Epsilon database hack exposes millions to phishing attacks
Hackers broke into the Epsilon database to steal customer names and email addresses from at least a dozen major U.S. banks and retailers.
Monday, April 4th, 2011 by By Thomas Hart
Construction sector continues to hold back economic recovery
Construction spending is at historic lows, another consequence of a housing market that drags on economic recovery ...
Friday, April 1st, 2011 by By Thomas Hart
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.
Real wages still stagnant as unemployment recedes
Recently, it was reported that unemployment is starting to recede, but those who are employed are experiencing stagnating wages.
Friday, April 1st, 2011 by By Peter Stone
Rising stocks behave out of character with positive jobs report
Because investors equate lower payrolls with higher profits, the stock market historically performs better when unemployment is higher.
Friday, April 1st, 2011 by By Thomas Hart
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