Personal Loans

Federal probe into robosigning reaches initial settlement

The federal government has completed its investigation into the robosigning scandal and reached an initial settlement with the banks involved.
Chase

Sharia-compliant mortgage program in Minnesota ends

Despite statements that the Constitution should be used to protect religious individuals, Tim Pawlenty has ended a Sharia-compliant loan program.
Mortgage

Student loan debt exceeds credit card debt as college costs rise

Student loan debt exceeds credit card debt as college costs rise, and some wonder whether going in hock for a bachelor's degree is worth it.
an illustration of a hand stuffing money in a mortarboard

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.

H&R Block stops offering short term loans against tax refunds

H&R Block has been forced out of offering short term loans against tax refunds. The company will try to offer alternatives to refund loans.
One Dollar

Students have a hard time paying off personal loans

College graduates are having an increasingly difficult time paying back student loans. One in four struggle, and 7 percent are in default.
Students in graduation attire

Bad credit loans for car purchases increasing

Two years ago, borrowers with bad credit had a 60 percent chance of getting a car loan. Now their chances are much worse, but improving...
Car lot

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.
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.

Loss of tax loan funding causes Jackson Hewitt bankruptcy

Jackson Hewitt, the tax preparation firm, has gone into bankruptcy protection because of loss of revenue from tax refund anticipation loans.
Income tax form 1040

Incidents of attempted loan fraud skyrocket during credit crunch

Attempted fraud on mortgage loan applications soared in 2010 as more desperate borrowers fudge on credit and employment histories...
first person fraud

Kiva expands P2P loans to green ideas and student loans

Microlending nonprofit Kiva is working on expanding its business to lending for environmental changes and students in third-world countries.
Solar Panels

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.
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.

Debt settlement relief companies ignoring memo from government

Debt settlement relief companies have been growing in number, but not all of them deliver. Many charge enormous fees for doing no work.
Coins

Internal Revenue Service to stop cooperating with RAL lenders

The IRS won't give certain information to refund anticipation loan lenders anymore. They IRS is offering free e-filing and faster deposits.
Form 1040

Trustee Irving Picard sues JPMorgan Chase for Madoff fraud

Trustee Irving Picard levied a $6.4 billion lawsuit against JPMorgan Chase for allegedly aiding and abetting Bernie Madoff's Ponzi scheme...
Outdoor photo of one of JPMorgan Chase & Co's offices, taken in the late afternoon/early evening.

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.
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.

Loan servicers found guilty of gouging in Reno, Nevada

One loan servicer in Reno has been found guilty by a jury of charging fees improperly. The investors say this is the first of many lawsuits.
Loan servicing

Lower credit scores and tighter lending standards become the norm

A FICO report shows a record number of people in the lowest credit score categories and short-term credit is the only lifeline for millions.
a screen shot of fico.com showing a credit score

Banks under SEC antitrust investigation for rate manipulation

The SEC and Justice Department are investigating whether a group of world banks colluded to manipulate the LIBOR interest rate.
A Bank of America branch logo.

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.
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.

Everything parents need to know about their student loan options

A thorough understanding of student loans is vital. Everyone should research grant and scholarship opportunities before applying for loans..
College students

Raising a credit score saves a fortune in a lifetime of borrowing

Raising a credit score will save money on interest payments that can be invested to finance retirement by earning interest, not paying it.
raising credit score resulted in wealthy retirement