Law and Order/Legislation
Man apologizes in court for shooting payday loan clerk
A payday loans clerk was shot point blank during an October robbery. The shooter apologized to her in court and was sentenced to prison.
Thursday, June 23rd, 2011 by By Shadra Beesley
Consumers should watch for payday loan collection scams
Many debt collections are legal, but there are some fraudulent debt collection scams out there, including phony payday loan collection scams.
Wednesday, June 22nd, 2011 by By Peter Stone
Judge rules bank is not responsible for hacked accounts
Maine Judge John Rich ruled that Ocean Bank is not responsible for money lost when a company's online bank account was hacked.
Wednesday, June 8th, 2011 by By Steve Tarlow
Where Is The Best Place To Get Payday Loans Online and Why?
There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?
Bank of America settles overdraft fee lawsuit for $410 million
Bank of America has settled a class action suit over processing transactions out of order to collect more overdraft fees for $410 million.
Thursday, May 26th, 2011 by By Peter Stone
CFTC taking action against precious metal investment businesses
The Commodity Futures Trading Commission has filed suit against American Precious Metals, a company that offered fraudulent investments.
Monday, May 23rd, 2011 by By Mary Rice
Three congressional bills trying to weaken the CFPB
Despite the fact it is not yet operational, the Consumer Financial Protection Bureau already is facing challenges from Congress.
Monday, May 16th, 2011 by By Mary Rice
Why Borrow Money On Installments To Keep From Defaulting On Bills And Ruining Your Credit?
Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.
Wisconsin Republicans attempting to re-legalize auto title loans
The Joint Finance Committee in the Wisconsin State Senate has suggested re-legalizing auto title loans in the state.
Friday, May 13th, 2011 by By Mary Rice
Texas legislature passing new payday lending regulation
The Texas legislature is slowly changing regulations on payday lending with three separate bills under consideration.
Thursday, May 12th, 2011 by By Mary Rice
Payday loan amendment threatens to gridlock Colorado legislature
An amendment tacked on the end of the Rules Bill in the Colorado legislature could end up costing taxpayers hundreds of thousands of dollars.
Wednesday, May 11th, 2011 by By Mary Rice
How To Use Short Term Loans To Save Your Budget
There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.
Obama, HUD considering home renters tax credit
President Obama and the U.S. Department of Housing and Urban Development have proposed a home renter's tax credit to offset soaring rents.
Tuesday, April 26th, 2011 by By Steve Tarlow
Precious metal and gasoline theft increasing nationwide
Economic conditions have caused a noted rise in thefts of precious metals, including catalytic converters and copper wiring, and gasoline.
Tuesday, April 26th, 2011 by By Peter Stone
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
Personal Loans Online Do Not Requre Credit Checks Or Collateral Deposits
Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.
Six payday loan companies charged with financial fraud
The FTC has filed suit against several payday loan companies run by Michael Bruce Moneymaker and others, saying fraud cost customers millions.
Wednesday, April 20th, 2011 by By Mary Rice
CARD Act could strip stay-at-home partners of financial identity
The consumer-protection CARD Act is supposed to protect consumers, but some stay-at-home spouses hit snags because they can't prove income.
Friday, April 15th, 2011 by By Mary Rice
Federal agencies agree to cooperate on gas price investigation
Two federal agencies have signed an agreement to cooperate in investigating gas prices.
Thursday, April 14th, 2011 by By Mary Rice
Why Using a Cash Advance For a Spending Spree Is a Very Bad Idea!
Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.
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.
Thursday, April 14th, 2011 by By Steve Tarlow
Credit bureau Experian accused of fraud in California lawsuit
Experian, one of the three credit reporting bureaus, is being sued for fraud for selling credit reports information that is worthless.
Friday, April 8th, 2011 by By Peter Stone
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