Reno’s mishandling of short term loans going uninvestigated

The city of Reno, Nevada, has found itself in a tough position. The city mishandled short-term loans that were supposed to be paid back in one year. The city’s failure to understand the terms, however, means these loans will be stretched out over 10 years. Reno’s short-term loans The state of Nevada provided more than
If you need credit repair help, make sure you know who you are working with.

Credit Repair Scams are on the Rise

Credit Repair History Credit repair services started out with an honorable mission: to help people get out of debt and live the American Dream. They were originally designed to help people get back on track financially, while repairing the damage done due to a variety of circumstances that ruined their credit in the first place.

New Type of Loan Called Bail Bond Loans

There is a new type of loan available to help those caught up in the criminal justice system. If you, your family or a friend needs to get bailed out but you are having trouble coming up with the 10% up front, you can get an unsecured short term bail bond loans through Read on! →

Texas rolling unemployment loan to the private market

Unemployment is high, and with up to 99 weeks of benefits available, states have paid out a lot. The federal government has provided loans to most states to fund unemployment benefits. The interest payments on those loans are coming due, and some states are seeking creative solutions. Federal unemployment loans In order to keep unemployment
seeing through a payday loan debt collection scammer

Be on the lookout for payday loan debt collection scams

A payday loan debt collection scam has been victimizing consumers in Illinois. Con artists posing as debt collectors have somehow obtained the phone numbers and personal data of current and former payday loan borrowers. Reaching their targets on the phone, the fraudulent payday loan collectors use scare tactics such as bullying and the threat of
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Want Lower Property Taxes? Check This Out

Finding ways around property taxes The other day I read that Alpine, NJ, despite being the most expensive place to buy a house in the country, has the among the lowest property taxes. When a city official was questioned about this, he said they were able to keep property taxes down, he said they focused

Experian adding renter history to credit scores calculations

Credit score bureau Experian is now including renter history in its formula for adding up credit scores. Previously, only negative marks on a renter’s history, like evictions from non-payment, were added. Now positive marks will be added. Pay the rent on time and do some credit repair Credit bureaus typically do not factor renter’s history
A frustrated consumer with his credit card bill

Convenient short term loans remain a target of financial reform

Payday lenders and their customers escaped regulation during the latest round of financial reform in Congress. But the payday loan as a financial reform issue isn’t going to go away. A payday loan amendment regulating the industry failed to make the financial reform bill. But a provision creating a consumer protection agency did. This consumer
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Mortgage loan closing costs on the rise

One of the costs of a mortgage loan is the closing costs, or the fee you pay when you finally pay your mortgage off or sell your home. The costs can be considerable, and the average closing cost nationally is several times more than the average payday loan. The average amount of a closing cost
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Goldman Sachs Facebook deal sets bank up to manage possible IPO

A Goldman Sachs Facebook investment of $450 million was the biggest news on Wall Street Monday. The Goldman Sachs Facebook deal, plus an additional $50 million investment from a Russian firm, has given Facebook an implied market value of $50 billion. Goldman’s investment makes it a front runner to manage a Facebook IPO that most
The facade of the New York Stock Exhange draped in the U.S. flag

Freddie Mac and Fannie Mae stocks delisted from NYSE, losses grow

Freddie Mac and Fannie Mae, the key sources of funding that have kept lending to home buyers from completely drying up, were ordered by the government to cease trading their shares on the New York Stock Exchange to abide by NYSE delisting rules. Freddie Mac and Fannie Mae stocks, which have already lost nearly all
Before 2007, Jack Whittaker was the biggest lottery winner of all time. He won in 2002. Photo url:

Mass Lottery Mega Millions Infects East with Lottery Fever

Find out Mega Millions winning numbers Friday The Mega Millions lottery jackpot has gotten huge since the Mega Millions winning numbers announced yesterday haven’t resulted in a winner yet. If the Mega Millions lottery results Friday end up in a win, the lucky lottery ticket holder will win $325 million, the third biggest mega millions

Citigroup turns emergency loans into profit for taxpayers

After being lent billions in emergency loans, Citigroup may be the model that firms receiving bailouts should follow. Citigroup will end up turning a profit for taxpayers when the Treasury sells its shares. The company stands to have produced a net gain of $12 billion or more for the government. Emergency loans to Citigroup pay off
A hanged mannequin wearing the sign "Eat the bankers."

EU banker bonuses capped by European Parliament

The global economic crisis was caused in no small part by the shenanigans of the banking and investment industries, so the European Parliament has voted 625-28 in favor of EU banker bonuses being capped as soon as possible. Excessive pension payouts will also fall under new guidelines. The Associated Press reports that any short-term cash