Personal Loans

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.

Intrafamily loans, done right, benefit both lenders and borrowers

Intrafamily lending can be a safer investment with a higher return than many investment options currently available.
intrafamily lending return on investment

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.
An H&R Block storefront

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.
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.

Refund anticipation loans could become endangered species

Regulations have made it hard for tax preparers to find financing for refund anticipation loan programs, which could disappear altogether.
Tax preparation

Not all debt consolidation is created equal

A person has to be cautious about how they get debt relief. Debt consolidation plans aren't always the best for the consumer. READ MORE...
Calculator

Consumers have legal protection from collection agency harassment

Consumer default during the recession has led to an explosion of collection agencies that use illegal harassment and computerized lawsuits.
man making call with vintage red rotary phone

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.
Budget shocks are something very common these days. Many middle class Americans have started using installment lending products to get through tough times.

Consumer credit increased by $1.3 billion in November

Consumer credit rose in November, according to Bloomberg. The United States saw a $1.3 billion increase, largely in auto and student loans.
The American Express, VISA and MasterCard logos displayed on a storefront sign.

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

Social microlender offers commercial paper to small businesses

Microfinancing site 40Billion.com offers unsecured promissory notes called commercial paper to small businesses rather than large companies.
short term loan

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?
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?

Rates for bank to bank short term loans going up

The rate that banks charge one another and the rate short-term lenders charge businesses is about to go up. What is causing this? READ ON...
Bank lending rate

Free loan program searching for business customers

Dozens of loan programs, supported by federal, state, and local governments, are having problems finding small businesses to use the money.
Small business

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.

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.
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.

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

Federal Reserve not planning to reign in credit supply yet

Worries about inflation have caused lawmakers and financial experts to ponder whether the Federal Reserve should curb the credit supply.
Federal Reserve Vice Chair Janet Yellen

Citibank exposes 600,000 customers to potential identity theft

Due to a "processing error," Citibank inadvertently revealed the Social Security numbers of 600,000 customers to potential identity thieves.

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.
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.

Rising tuition leads to more defaults on student personal loans

The rising cost of tuition, coupled with fewer decent jobs at graduation, leads to the higher rate of default on personal loans by students.
College Students

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