Latest financial news and information

Social Security and Medicare at risk if debt ceiling not raised

If Congress cannot raise the debt ceiling, programs such as Social Security, Medicare and Medicaid could be at risk for default.
US Capitol Building

Samsung wants to block importation of Apple devices

Samsung has petitioned the ITC and filed suit against Apple to block U.S. importation of iPod, iPad and iPhone devices over patent disputes.
Several iPods

Federal Reserve sets swipe fee cap, delays implementation

The Federal Reserve has announced the swipe fee cap will be set at 21 cents per transaction, but won't take effect until October.
Chase debit card

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?
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 agrees to $8.5 billion buyback deal

Bank of America has agreed to pay out an unprecedented $8.5 billion in buyback deal to 22 investors who bought mortgage-backed securities.
Bank of America logo

How to compute an annual compound interest rate

It's the little things like compound interest that can get you in the end. Learn how to compute compound interest and avoid bankruptcy.
Close-up of interest rate calculations written in ink on a piece of paper.

Swipe fee cap by Federal Reserve may be higher than planned

The Federal Reserve will announce what it is setting the swipe fee cap at, but it could be higher than 12 cents per transaction.
A debit card

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.
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.

How to save money during summer

Learn how to save money during summer on things like cooling costs and other household tasks.
Picture a summer beach scene. A pair of flip flops in the foreground are left behind in the sand, and a man can be seen enjoying the water in the background.

Pawn lenders continuing to become more high-class

Years ago, pawn lenders were seen as almost seedy. Pawn lenders have become more high-class over the past few years, however.
A pawn shop store front

Air France-KLM to fly on used cooking oil in September

Next September, Air France-KLM airlines will begin using an alternative fuel made from used cooking oil in some of their scheduled flights.
Air France-KLM

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.
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.

Controversial robo-signing practice could extend to credit cards

JPMorgan Chase has been withdrawing credit card suits without explanation, and some believe robo-signing credit card suits is the culprit.
Chase logo

CFPB considers which non-bank industries to regulate

The Consumer Financial Protection Bureau wants input into which non-bank industries it should regulate, in spite of Republican resistance.
Elizabeth Warren

Ninety percent of Americans fear stagnant wages, high prices

Nine out of 10 U.S. workers believe that their stagnant wages won't be enough to compensate for rising costs of fuel, food and other items.
A human skeleton where the facial expression seems to indicate feelings of shock and awe.

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.
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.

Better Business Bureau ratings plagued by alleged corruption

Though it is a trusted institution by the public, the Better Business Bureau ratings system has been repeatedly accused of corruption.
Robber

Nevada town gets wiped out by recession

The town of Empire, Nev., has been wiped off the map. The company owned-town was the last of its kind and was a victim of the recession.
Empire Nevada

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.
Payday Loan Store

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.
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.

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.
Rows of cubicles and phones