Monthly Archives: June 2011

Credit unions enter the payday loan business

Many credit unions are now offering short term, high interest loans similar to payday loans, and the practice is getting mixed reactions.
Credit union sign
Friday, June 3rd, 2011 by
By Ron Ford

Economists: US is still in a growth recession

The United States isn't out of the woods, argue economists. Plenty of signs point to the fact that growth recession is still going strong.
An unemployed (or underemployed) father begging for diaper money.
Thursday, June 2nd, 2011 by
By Steve Tarlow

Nearly 60 percent of parents help support adult children

Nearly 60 percent of U.S. parents are continuing to help support their adult children who are not in school, according to a new survey.
Dad pays the bills
Thursday, June 2nd, 2011 by
By Ron Ford

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.
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.

Gri.pe about bad service with a free app

Consumers who want to make a difference with complaints against bad service can Gri.pe all they want with a new free mobile app.
A sample screen from the Gri.pe mobile app.
Wednesday, June 1st, 2011 by
By Steve Tarlow

Little extras equal billions for airlines

A newly released report says that baggage fees and other non-transportation charges add up to billions yearly for the airline industry.
airline baggage
Wednesday, June 1st, 2011 by
By Ron Ford

Debt relief and consolidation scams still rampant post-recession

As the number of debt relief or debt settlement companies has grown in the past few years, many companies have proven to be outright scams.
Penny coins
Wednesday, June 1st, 2011 by
By Peter Stone