Monthly Archives: May 2011
Three congressional bills trying to weaken the CFPB
Despite the fact it is not yet operational, the Consumer Financial Protection Bureau already is facing challenges from Congress.
Monday, May 16th, 2011 by By Mary Rice
Services like PayNearMe for unbanked consumers expanding
Services for unbanked consumers, such as PayNearMe kiosks, are expanding to offer financial services for people without bank accounts.
Friday, May 13th, 2011 by By Peter Stone
US must raise taxes to lower deficit, say global investors
The Bloomberg Global Poll of foreign investors has found that two-thirds think the U.S. must raise taxes to reduce the federal deficit.
Friday, May 13th, 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.
Wisconsin Republicans attempting to re-legalize auto title loans
The Joint Finance Committee in the Wisconsin State Senate has suggested re-legalizing auto title loans in the state.
Friday, May 13th, 2011 by By Mary Rice
Recession survival tips for small businesses
Surviving a recession can be tough for small businesses. With these tips, it is possible to break even or even raise the bottom line.
Thursday, May 12th, 2011 by By Steve Tarlow
Texas legislature passing new payday lending regulation
The Texas legislature is slowly changing regulations on payday lending with three separate bills under consideration.
Thursday, May 12th, 2011 by By Mary Rice
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.
Credit card companies still marketing to college students
College students are supposed to have greater barriers between them and credit card companies, but the laws still have loopholes.
Wednesday, May 11th, 2011 by By Peter Stone
Prepaid benefit cards exploit the unemployed, says study
Prepaid benefit debit cards for the unemployed nickel and dime them to death with fees, according to a National Consumer Law Center report.
Wednesday, May 11th, 2011 by By Steve Tarlow
Payday loan amendment threatens to gridlock Colorado legislature
An amendment tacked on the end of the Rules Bill in the Colorado legislature could end up costing taxpayers hundreds of thousands of dollars.
Wednesday, May 11th, 2011 by By Mary Rice
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.
Microfinance industry becoming troubled by scandals
The microfinance industry is becoming rocked with a series of scandals, and it appears to be unraveling despite many lenders noble aims.
Tuesday, May 10th, 2011 by By Peter Stone
Master the metrics of small business success
How can you tell if your business is doing well? Benchmark your business, with an eye for some of these key ratios you'll want in your favor.
Tuesday, May 10th, 2011 by By Steve Tarlow
Consumers paying more to access their own money
While the Consumer Financial Protection Bureau is waiting for a director, banks are making even more off of undisclosed or unclear fees.
Tuesday, May 10th, 2011 by By Mary Rice
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.
Crowdsourcing good for businesses and for personal loans
Crowdsourcing isn't just for funding personal loans or projects. Businesses can raise loan capital that way, too, or use peer to peer lending.
Monday, May 9th, 2011 by By Peter Stone
Experts predict gas prices will fall during summer
Gas prices have approached $4 per gallon in the United States, despite a decrease in crude oil prices. Yet summer relief may be on the way.
Monday, May 9th, 2011 by By Steve Tarlow
Overseas education becoming a money saving move for US students
In order to save money, more students from the United States are choosing to attend a college or university overseas.
Monday, May 9th, 2011 by By Mary Rice
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.
2010 a year of record low income taxes
People in the United States pay lower taxes today than they did in the 1950s, and some still say the tax burden on the wealthy should be higher.
Friday, May 6th, 2011 by By Peter Stone
CEO salaries at highest level since 2007
The Associate Press reports CEO pay increased in 2010 to a level higher than it had been during the boom times that preceded the recession.
Friday, May 6th, 2011 by By Steve Tarlow
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