Monthly Archives: June 2011

Social Security and Medicare at risk if debt ceiling not raised

If Congress cannot raise the debt ceiling, programs such as Social Security, Medicare and Medicaid could be at risk for default.
US Capitol Building

Samsung wants to block importation of Apple devices

Samsung has petitioned the ITC and filed suit against Apple to block U.S. importation of iPod, iPad and iPhone devices over patent disputes.
Several iPods

Federal Reserve sets swipe fee cap, delays implementation

The Federal Reserve has announced the swipe fee cap will be set at 21 cents per transaction, but won't take effect until October.
Chase debit card

Payday Loans and How You Can Protect Your Personal Information From Identity Theft

Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.
Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.

Bank of America agrees to $8.5 billion buyback deal

Bank of America has agreed to pay out an unprecedented $8.5 billion in buyback deal to 22 investors who bought mortgage-backed securities.
Bank of America logo

How to compute an annual compound interest rate

It's the little things like compound interest that can get you in the end. Learn how to compute compound interest and avoid bankruptcy.
Close-up of interest rate calculations written in ink on a piece of paper.

Swipe fee cap by Federal Reserve may be higher than planned

The Federal Reserve will announce what it is setting the swipe fee cap at, but it could be higher than 12 cents per transaction.
A debit card

How People Are Taking Advantage of Installment Loans To Cover Budget Shocks Today

Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.

How to save money during summer

Learn how to save money during summer on things like cooling costs and other household tasks.
Picture a summer beach scene. A pair of flip flops in the foreground are left behind in the sand, and a man can be seen enjoying the water in the background.

Pawn lenders continuing to become more high-class

Years ago, pawn lenders were seen as almost seedy. Pawn lenders have become more high-class over the past few years, however.
A pawn shop store front

Air France-KLM to fly on used cooking oil in September

Next September, Air France-KLM airlines will begin using an alternative fuel made from used cooking oil in some of their scheduled flights.
Air France-KLM

Short Term Loans Are Available Without Credit Checks - What Does That Mean For You?

Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?
Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?

Controversial robo-signing practice could extend to credit cards

JPMorgan Chase has been withdrawing credit card suits without explanation, and some believe robo-signing credit card suits is the culprit.
Chase logo

Ninety percent of Americans fear stagnant wages, high prices

Nine out of 10 U.S. workers believe that their stagnant wages won't be enough to compensate for rising costs of fuel, food and other items.
A human skeleton where the facial expression seems to indicate feelings of shock and awe.

Nevada town gets wiped out by recession

The town of Empire, Nev., has been wiped off the map. The company owned-town was the last of its kind and was a victim of the recession.
Empire Nevada

You Are Not Supposed To Know Cash Advances Online Do Not Require Any Credit

Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.
Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.

Man apologizes in court for shooting payday loan clerk

A payday loans clerk was shot point blank during an October robbery. The shooter apologized to her in court and was sentenced to prison.
Payday Loan Store

Consumers should watch for payday loan collection scams

Many debt collections are legal, but there are some fraudulent debt collection scams out there, including phony payday loan collection scams.
Rows of cubicles and phones

Low CD rates prompt consumers to pay off credit cards

Extremely low CD rates have encouraged many consumers to funnel their money into paying off high-interest debt like credit cards.
Close-up of a checkbook register that reflects multiple credit card payments, including one marked “payoff.”

Personal Online Lending and How It Can Make or Break Your Family Budget During Hard Times

Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.
Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.

Cost of vacations rising as theme park and flight costs are up

Americans are likely to feel the rising cost of vacations this summer, as plane tickets and amusement parks are getting more expensive.
Disneyland

Big Lots recalls bed after death of young boy

Discount retailer Big Lots has recalled a futon bunk bed sold between 2009 and 2010 following the death of a three-year-old boy in Iowa.
Big Lots!