Money Management

Installment Loan Solutions Offered by Startup Lenders

Advances in technology have had a significant impact on the way that many Americans work, shop, pay their bills and access entertainment. Technology has made it possible to shop for an insurance policy, purchase it online and receive immediate proof of coverage. For years, many lenders have offered online applications for everything from mortgages to

If Payday Lending Ends, What Replaces It?

Payday lending has been attacked from many quarters because the industry is an easy target in today’s media-savvy, soundbite culture. The Consumer Financial Protection Bureau, or CFPB, has been tasked with recommending financial reforms, and despite limits to its powers that include not being empowered to set interest rate caps, the agency has arbitrarily recommended

Despite Detractors, Payday Loans are Often Helpful

Comedian Sarah Silverman performed in a skit about payday loans for “Last Week Tonight with John Oliver.” While in character, she said, “If you’re considering taking out a payday loan, I’d like to tell you about a great alternative. It’s called ‘Anything Else’.” This statement certainly highlights the negative feelings that people have about the

Cash Advance Loans – A Technological Solution

Their is a new option that is a different kind of cash advance loan, but is it a better solution? It might be. The service offers several benefits that are tough to ignore. For many Americans, money is a little too tight while credit is becoming harder to come by. A recent survey commissioned by

Use of Installment Loans Skyrockets – Here’s Why

  The category of installment loans covers a wide variety of both secured and unsecured loans. Secured installment loans are those that require the borrower to pledge collateral; financing a car or taking out a mortgage are examples of secured installment loans. Unsecured installment loans include personal loans, student loans and signature loans, and these

Gold Geared Up for another Bull Market — With Greenspan’s Tacit Support

It seems that it is impossible to miss the advertisements and articles urging Americans to invest in gold. Radio and television commercials, news articles and online ads are abundant. Various economists insist that gold is currently undervalued and that this yellow metal is the safest hedge against inflation. However, when a former chairman of the

Installment Loans — A Valid Alternative to Credit Cards

In an ideal world, people’s income would always greatly exceed their expenses, leaving them with a substantial savings account to handle any emergency expenditures. In real life, however, most Americans do not have savings that are sufficient to handle an unexpected financial crisis. If the refrigerator must be replaced, someone falls ill or the family

Payday Loans Online: A Convenience — or a Trap?

The Internet can be a wonderful tool that allows users to accomplish many tasks without ever leaving home. They can view weekly ads for local grocery stores, check their bank balance, communicate with family members, conduct research for a term paper or handle many other chores that were once possible only in person or over

Bad Credit Loans Ensure Financial Stability for All Lifestyles

It’s never easy to deal with financial emergencies, regardless of income or lifestyle. Payday loans are an option for everyone, but people can get even more flexibility with bad credit loans that offer installment payments. It’s easy to qualify for up to $1,000 without stressful loan applications, providing collateral or long processing delays. Instead of
mortgages

10 reasons people are walking away from mortgages

Allowing foreclosure on purpose Many people have reasons for wanting to stay in their home, regardless of how much they’re paying. People don’t want to uproot their families or don’t want to go through the hassle of moving. However, some people are so fed up with the housing market that they’re willing to allow their
Waves

Fewer people are under water on mortgage bank loans

Fewer people are getting under water on the bank loans on their homes. Underwater is when a person ends up owing more to the mortgage company than the home is worth. However, part of it is thanks to the number of foreclosures. Fewer bank loans are getting underwater The number of people under water on
two men dressed like blues brothers holding a sign

Lobbyists fight to weaken new mortgage rules in financial reform

The U.S. House and Senate will start on refining mortgage legislation Tuesday. The legislation would enforce the biggest overhaul to mortgage lending rules in decades. The mortgage legislation, part of the financial reform bill, is intended to end the risky lending practices blamed for causing the financial crisis. Mortgage industry lobbyists are working overtime to
Foreclosed Palm Springs, Calif., home with a graffiti message on the garage door that reads "Mortgage fraud by Mission Hills Mortgage."

MERS speeds mortgage process, yet raises serious concerns

America’s housing crisis was caused by a number of factors. One that has remained largely hidden from the general public until now is MERS. According to the Nolan Chart LLC mortgage industry blog, MERS (Mortgage Electronic Registration System) is an institution that enables the Mortgage Backed Security (MBS) industry to pass over rules regarding recording
Time Warner

$16 million cable bill quickly reversed by Time Warner

Computerized billing systems are advertised as a way to make life easier. A $16 million cable bill is the latest in a long string of accidental overcharges that call that into question. While Time Warner has already reversed the bill, the incident reveals the danger of putting your finances on autopilot. The $16 million cable
idenity theft, victime or perpetrator?

Identity thieves see job seekers, children as lucrative targets

Identity theft is one of the fastest growing crimes in America. Nearly 11 million credit card holders each year are victims of identity theft. While everyone is vulnerable, trends show that identity thieves are increasingly targeting children and job seekers. Ingenious identity theft scams Victims of identity theft in the U.S. lost an average of
average gas prices

Recent spike in gas prices the beginning of a long-term trend

Consumers can expect to pay higher gasoline prices in 2011 for a number of reasons. Global economic recovery and a falling U.S. dollar have sent crude oil futures past $90 a barrel in the past few weeks. Gas prices in many states in the U.S. average more than $3 a gallon, and energy analysts expect