Articles by Peter Stone

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Ways for bookworms to save money on summer reading

Its the summer reading season, but that doesn't mean bookworms have to dish out a lot of cash to keep themselves in books.

Monday, July 11th, 2011 by

By Peter Stone

USDA announces cost of raising a child is growing up

The USDA has just released its annual report on the cost of raising children, and they are getting more expensive every year.

Friday, July 8th, 2011 by

By Peter Stone

How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?

Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.

Selling credit reports to payday lenders gets Teletrack fined

Subprime credit reporting agency Teletrack was fined nearly $2 million by the Federal Trade Commission for illegally selling information.

Wednesday, July 6th, 2011 by

By Peter Stone

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 Peter Stone

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 Peter Stone

Facts About Installment Loans Everyone Should Know Before Applying Online

Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.

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 Peter Stone

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 Peter Stone

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 Peter Stone

How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check

Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.

Better Business Bureau ratings plagued by alleged corruption

Though it is a trusted institution by the public, the Better Business Bureau ratings system has been repeatedly accused of corruption.

Thursday, June 23rd, 2011 by

By Peter Stone

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 Peter Stone

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 Peter Stone

How Personal Loans Online Can Prevent Your FICO Credit Score From Going Down

Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.

Reduced Social Security benefits begrudgingly accepted by AARP

The AARP, the largest lobby group for senior citizens, recently announced it would accept small reductions to Social Security benefits.

Friday, June 17th, 2011 by

By Peter Stone

Installment loan lenders thrive where payday lenders used to

Many states have tried to eliminate payday loan lenders, but it hasn’t eliminated the need for credit from non-bank sources. Some states have new installment loans stores where payday loan stores once existed as other forms of short term credit fill the void.
Virginians frequenting pawn shops and title lenders more
Many states have passed laws intended to closely regulate, if not outright eliminate, payday loan lending. However, such laws don’t eliminate the need or demand for a short term credit product. The state of Virginia passed laws several years ago capping the interest rate on payday loans, which has reduced use [...]