Statistical Data

Fed Study Unintentionally Paints Rosier Picture for Payday Loans

This Federal Reserve/collegiate study attempts to show that payday loans lead to credit ruin, but they unintentionally suggest the reverse. CLICK HERE to see.
This Federal Reserve/Vanderbilt/Penn study tries to connect payday loans to credit ruin, but what they leave out suggests a rosier alternative. (Photo: flickr.com)

Retailers lost $1 billion, thanks to blizzard

Retailers were hit by the East Coast blizzard. Estimates are that $1 billion was lost to the heavy weather that kept people in their homes.
Shot of cars buried by the snow of the East Coast blizzard.

UC Davis study shows credit unions restrict short term loans

Credit unions aren't a viable source for short term loans, finds Victor Stango of UC Davis. Payday lenders have the inside track…
A giant inflatable duck welcomes customers to a credit union in South Dakota. Does this mean ducks are eligible for short term loans at that location?

Payday loan APR Fees and How They Compare To Other Financing Rates

A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.
A fee of $32 on a $100 bounced check can have an APR as high as 2,336%. You would be surprised to see how other fees measure up.

Bankruptcy Filings by State – Payday Lending “Not a Factor”

A recent Brigham Young University study indicates that contrary to the belief of some, payday lending has no part in state-to-state bankruptcy filings.
Bankruptcy filings from state-to-state have nothing to do with the presence of payday lending and more to do with demographics.

Credit Card Minimum Payments are Hypnotic Conditioning

Credit card companies love it when you only make the minimum payment. That small number is a kind of hypnotic conditioning, says Stewart.
"Your eyes feel so very heavy. You will pay only the minimum balance on your credit card…"

Seasonal employment market more challenging for teens

For those ages 16 to 24 who are seeking summer jobs, the outlook for seasonal employment shows a tough market but opportunities for creativity.
Summer jobs announcement

Installment Loans Online and How They Differ From The Average Payday Loan

One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.
One of the most liked features of installment loans is being able to pay them back over a much longer period of time then normal loans you may find locally.

Polls show most of US favors collective bargaining rights

A majority of people in the U.S. support labor unions' collective bargaining rights, according to multiple national polls conducted by media.
A round, orange California union badge bearing the slogan, “Your Rights At Work: Worth Fighting and Voting For.”

New research: More than half of Alzheimer’s cases misdiagnosed

A study found that the brains of 50 percent of the people diagnosed with Alzheimer's lacked the lesions associated with the disease ...
alzheimer's cases

Shark attacks worldwide in 2010 rose to highest level since 1980

Shark attacks increased 25 percent worldwide, but the recession and BP oil spill may account for a reduction of shark attacks in Florida ...
shark attacks worldwide

The Ease and Convenience of Short Term Loans Needs To Be Managed In A Smart Way

It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.
It is not wise to go crazy with short term loans just because you can get them online with no credit checks, no collateral and without having to fax in tons of documents.

U.S. unemployment sinks to 9 percent, spin doctors rejoice

U.S. unemployment fell in January to 9 percent, the fastest decline in 53 years. The true direction for the U.S. job market is still cloudy.
An intentionally blurry photograph of a sandwich board sign that reads “The Best Jobs in Town.”

Top 10 cities with the most credit card debt

Do you live in one of the top 10 cities in the United States for credit card debt? Access to payday loans could have saved you a bundle.
Close up of the logo on a Visa credit card.

Study proves red light cameras reduce traffic fatalities

A recently conducted insurance industry study found traffic fatalities dropped 26 percent in cities equipped with red light camera systems.
traffic fatalities

What You Need To Know To Keep From Getting Trapped By Cash Advance Addiction

Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.
Cash advances are not a long term financial fix for spending spree addictions. Using them should be done so responsibly and in a realistic manner.

Iowa Catholic Conference pursues payday lending limits

The Iowa Catholic Conference should say what it means. A 36 percent APR payday loan cap would shut down the industry, not make it better.
E. 38th St and Mass Ave.: Former Roselyn Bakery at the corner of E. 38th St. and Massachusetts Ave. in Indianapolis.

Consumer Confidence Index at highest level in eight months

The U.S. Consumer Confidence Index is at its highest level in eight months, but there's room for improvement, particularly in job creation.
U.S. coins and paper currency spread out on a table.

The puzzle of rising retail sales and falling consumer confidence

New reports on higher retail sales and lower consumer confidence present conflicting data; economists say expectation is a better barometer.
consumer confidence

No Credit Check Personal Loans From The Comfort Of Home - A Good Thing or a Bad Thing?

Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.
Personal loans are so easy to get it worries some consumer groups. Like anything on the internet it pays to be informed before you pursue any online transactions.

Sugar prices at 30-year high as supplies deplete

The sugar prices 30-year high can be attributed to volatile weather, increased demand for "real" sugar and additional government regulation.
Sugar Cane

Employee satisfaction survey says workers are not happy

A new employee satisfaction survey by Manpower tells a sad tale: a whopping 84 percent of workers will actively seek better jobs in 2011...
Image of an office worker on the face of a clock. The worker points to more money – and quitting time.