Yearly Archives: 2011
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.
Tuesday, May 24th, 2011 by By Sam Hoober
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.
Tuesday, May 24th, 2011 by By Steve Tarlow
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.
Monday, May 23rd, 2011 by By Ron Ford
Is Applying For A Payday Loan Through A Direct Lender The Best Option?
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
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.
Monday, May 23rd, 2011 by By Sam Hoober
Will the CFPB serve up a small bank Rapture?
The American Bankers Association fears the Consumer Financial Protection Bureau will kill more than 1,000 small U.S. banks and credit unions.
Monday, May 23rd, 2011 by By Steve Tarlow
LinkedIn IPO sends brokers scurrying for tech bubble cover
LinkedIn is the latest internet-based company to go public with a bang – and frighten investors who are wary of a new technology bubble.
Friday, May 20th, 2011 by By Steve Tarlow
How Can Installment Loans Help Protect Your Credit Rating?
There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.
Applying for loans can cause credit score drops
The point of having a good credit score is to get approved for loans with good rates. However, applying for a loan will ding a credit score.
Friday, May 20th, 2011 by By Sam Hoober
OnDeck platform provides a credit rating to small businesses
Small businesses have a new resource, OnDeck, for aggregating financial information and gaining an independent credit rating.
Thursday, May 19th, 2011 by By bryanh
Senate wants 401(k) accounts off-limits as personal loan funds
The United States Senate proposing a bill to limit the use of 401(k) accounts as a source of personal loans when people fall short.
Wednesday, May 18th, 2011 by By Sam Hoober
Do Not Fall Behind On Your Bills - See How Short Term Loans Can Help Prevent Late Fees and Penalties.
Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.
Overdraft does not harm credit, but it is not harmless
Checking overdraft alone won't smear your credit, but keeping up to date on your financial record is always advisable to help avoid fraud.
Wednesday, May 18th, 2011 by By Steve Tarlow
7 easy ways to qualify for 2011 Energy Tax Credits
The 2011 Energy Tax Credits program has dropped back down to $500 per project, but every bit helps with energy-saving home updates.
Wednesday, May 18th, 2011 by By bryanh
Visa Digital Wallet quickens mobile payment race
Visa Digital Wallet is set to debut in the fall, and banks are lining up to partner with Visa on this sure-to-be big POS money-making push.
Tuesday, May 17th, 2011 by By Steve Tarlow
How To Get A Cash Advance Even With Bad Credit and Bankruptcy On Your Record
Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.
Credit rating bureaus have double standard for handling disputes
Credit rating bureaus have a V.I.P. list for preferential treatment when it comes to error corrections.
Tuesday, May 17th, 2011 by By Ron Ford
Some payday lenders welcome consumer protection bureau
Many people thought the Consumer Financial Protection Bureau would regulate payday loans out of existence, but some lenders welcome scrutiny.
Tuesday, May 17th, 2011 by By Sam Hoober
Study blames crime rates on payday loan lenders
A new study blames rising crime rates on payday loans and predatory lending, though the academic literature has never agreed on this idea.
Monday, May 16th, 2011 by By Sam Hoober
Keep Your Debt to Credit Ratio Down By Using Personal Loans Instead of Credit Cards
The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.
Credit card hotline is latest issue in consumer bureau fight
The latest fight over the Consumer Financial Protection Bureau involves a credit card hotline that would compile complaints about card companies.
Monday, May 16th, 2011 by By Sam Hoober
North Carolina installment loan bill H810 aids industry
North Carolina installment loan bill H810 would raise loan and processing fees to keep the industry open to consumers during the recession.
Monday, May 16th, 2011 by By Steve Tarlow
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