Monthly Archives: May 2011

Strategic defaults starting to decline slightly

The number of people entering into strategic defaults, or walking away from a mortgage when advantageous to do so, is starting to decline.
An abandoned house

Teen spending affected by the recession

The recession has curbed spending even among the teen demographic and leads to their keener financial awareness, according to a new survey.
Impulsive teen shopper

How to avoid common contractor scams

Exercise caution when dealing with a home remodeling contractor. Be aware of ways to avoid the most common contractor scams.
A contractor at work on an interior wall.

Where Is The Best Place To Get Payday Loans Online and Why?

There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?
There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?

Pawn loans having a renaissance thanks to television

Pawn loans, once usually reserved for the desperate and poor, is starting to become a booming business. Recent TV shows may be partly why.
Front of the store the show "Pawn Stars" is filmed at

Home prices drop as foreclosure rates soar

Home price index reports home prices down nationally by the largest margin since 28008, partially due to increased number of foreclosures.
House in foreclosure

Are you using Credit Card Act resources like you should?

The National Foundation for Credit Counseling says too few people use the free resources provided by the Credit Card Act.
A young man views his credit card statement with a tinge of horror in his eye.

Why Borrow Money On Installments To Keep From Defaulting On Bills And Ruining Your Credit?

Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.
Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.

Entrepreneur concocts easy way to spend gold and silver in Utah

In March, Utah enacted a law making gold and silver coins legal tender. Craig Franco plans a new way to spend them as easily as paper money.
Silver coin

Working from home benefits employees and employers

Despite living in the 21st century, many companies don't recognize the value of telecommuting. It's better for both employers and employees.
A two-laptop telecommuting routine is interrupted by a cute puppy face.

How To Use Short Term Loans To Save Your Budget

There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.
There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.

Loss of tax loan funding causes Jackson Hewitt bankruptcy

Jackson Hewitt, the tax preparation firm, has gone into bankruptcy protection because of loss of revenue from tax refund anticipation loans.
Income tax form 1040

Price hikes affect the value of McDonald’s shares

McDonald's is making small price increases throughout the year to offset the rising cost of food and paper. Stock prices fell as result.
Big Mac at McDonald's

Big banks debut clearXchange mobile payments service

Bank of America, JPMorgan Chase and Wells Fargo have created clearXchange, a mobile payment service to compete with systems like PayPal.
Close-up of a hand holding a cell phone.

Personal Loans Online Do Not Requre Credit Checks Or Collateral Deposits

Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.
Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.

Limited payday-lending regulation bills passed by Texas Senate

Monday, the Texas Senate passed two bills regulating the payday loan industry. Critics, however, say the legislation does not go far enough.
Payday lonas storefront

Google to unveil its own near-field mobile payment system

Google, in conjunction with Sprint, is unveiling its own mobile payment system for smartphones using near-field communication technology.
A Sprint smartphone

Consumers trust banks less than bankers think

Surveys like the Index of Bank Sentiment and Edelman Trust in U.S. Financial Services tell a tale of consumer distrust in commercial banks.
The Bank of America flag logo.

Why Using a Cash Advance For a Spending Spree Is a Very Bad Idea!

Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.
Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.

Payday loans on the rise in Great Britain

Payday loans in the U.K. are sharply on the rise following the May Day Bank Holiday as prices rise and wages stagnate in Great Britain.
Fan of fifty pound notes

Personal loans to attend for-profit schools can be risky

Borrowing personal loans to attend a for-profit college may not be the best choice, as they are riskier than their nonprofit counterparts.
College graduates