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.
Thursday, June 30th, 2011 by By Sam Hoober
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.
Thursday, June 30th, 2011 by By Ron Ford
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.
Wednesday, June 29th, 2011 by By Sam Hoober
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.
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.
Wednesday, June 29th, 2011 by By Ron Ford
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.
Tuesday, June 28th, 2011 by By Steve Tarlow
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.
Tuesday, June 28th, 2011 by By Sam Hoober
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.
How to save money during summer
Learn how to save money during summer on things like cooling costs and other household tasks.
Monday, June 27th, 2011 by By Steve Tarlow
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.
Monday, June 27th, 2011 by By Sam Hoober
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.
Monday, June 27th, 2011 by By Ron Ford
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.
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.
Friday, June 24th, 2011 by By Sam Hoober
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.
Thursday, June 23rd, 2011 by By Steve Tarlow
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.
Thursday, June 23rd, 2011 by By Ron Ford
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.
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.
Thursday, June 23rd, 2011 by By bryanh
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.
Wednesday, June 22nd, 2011 by By Sam Hoober
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.
Tuesday, June 21st, 2011 by By Steve Tarlow
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.
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.
Monday, June 20th, 2011 by By Sam Hoober
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.
Friday, June 17th, 2011 by By Ron Ford
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