Personal Loans
New Hampshire governor vetoes title loan bill
New Hampshire Governor John Lynch vetoed a bill Wednesday that would have allowed title loan lenders to charge 25 percent interest monthly.
Thursday, July 7th, 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
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 [...]
Thursday, June 16th, 2011 by By Peter Stone
Payday Loans and How You Can Protect Your Personal Information From Identity Theft
Encryption of your data is just the basic level of protection you need to look for. You can also check to see if the page has HTTPS in the address bar when on application page.
JPMorgan Chase pays $27 million in Treasury probe
JP Morgan Chase bank has agreed to pay a $2 million to the OCC for alleged false statements and high pressure sales tactics in auto loans.
Thursday, June 16th, 2011 by By Ron Ford
Russian ATMs know if you tell a lie
Russian banking giant Sberbank is testing lie-detecting ATMs that can help prevent consumer credit fraud.
Thursday, June 9th, 2011 by By Steve Tarlow
Sites offering peer-to-peer personal loans keep growing
Websites, such as Prosper.com and LendingClub.com, that offer peer-to-peer personal loans are starting to expand quite rapidly.
Tuesday, June 7th, 2011 by By Peter Stone
How People Are Taking Advantage of Installment Loans To Cover Budget Shocks Today
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.
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.
Wednesday, May 25th, 2011 by By Peter Stone
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 Peter Stone
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 Peter Stone
Short Term Loans Are Available Without Credit Checks - What Does That Mean For You?
Having access to a short term loan online when every you want without credit checks is a tempting offer but what should you know before applying?
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 Peter Stone
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
Crowdsourcing good for businesses and for personal loans
Crowdsourcing isn't just for funding personal loans or projects. Businesses can raise loan capital that way, too, or use peer to peer lending.
Monday, May 9th, 2011 by By Peter Stone
You Are Not Supposed To Know Cash Advances Online Do Not Require Any Credit
Credit is not a factor with cash advances online. There are not credit checks so their is no hard inquiry on your record to lower your credit score.
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.
Wednesday, May 4th, 2011 by By Peter Stone
Hundreds of banks slapped with lawsuits for ATM fees
More people are reporting being satisfied with their banks. At the same time, banks are being sued more for banking fees and ATM fees.
Friday, April 22nd, 2011 by By Peter Stone
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.
Friday, April 22nd, 2011 by By Mary Rice
Personal Online Lending and How It Can Make or Break Your Family Budget During Hard Times
Hard times befall us all but you do not have to break your budget to pay your bills. Use personal loans responsibly to avoid penlaties and late fees.
Debt collection agency barred from social media harassment
Complaints about abusive debt collection agencies have been increasing, and Facebook has become a vehicle debt collectors use to harass.
Thursday, April 21st, 2011 by By Thomas Hart
Loss of refund loans causes mounting losses at H&R Block
H&R Block is mourning the loss of refund anticipation loans, as revenues have been declining since it had to stop offering the loans.
Wednesday, April 20th, 2011 by By Peter Stone
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