The cover of an old pulp thriller comic book. The title is "Beware – Chilling Tales of Horror." Depicted is a man tied up in ropes in what appears to be an old gothic castle. Three hungry rats are deciding whether to dine on the hapless prisoner.

Social Security recipients, beware banks pushing personal loans

Social Security recipients – particularly those who depend entirely on it – don’t need anyone skimming off the top. That’s why there is a plan on the table to eliminate paper Social Security checks entirely. The Wall Street Journal reports that the Treasury Department plans to stop issuing paper Social Security checks by 2013 and
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
Offshore wind farm

Cape Wind project approved | Arguments for and against

Cape Wind has been one of the most hotly debated renewable power projects in the country. Now that Cape Wind has been approved by the U.S. Department of the Interior, the debate is getting even more frantic. If Cape Wind is built, it will be the first-ever U.S. offshore wind development and would be able
Photo of oil on a beach.

University scientists dispute government oil spill report

A rosy outlook painted by a government oil spill report is being challenged. A conclusion by National Incident Command that most of the oil spill in the Gulf of Mexico had been burned, collected or vaporized has been cast into doubt by three scientific studies. Shrimpers were given the green light. The president and his
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
Why I love payday loans

Why I love payday loans

Whenever my paycheck isn’t what I expect it to be to be I don’t worry. I never have to worry because I know Personal Money Store is here to help. I can go online and get confirmation right away about my payday loan. No service on the internet today has given me such a hassle
Unemployment has led to a rise in panhandling. Lenders cannot help them with payday loans until they can secure steady income.

Unemployment and Begging Go Hand in Hand

Blame the Recession The Onalaska, Wisconsin police department has been receiving an increased number of complaints from residents about panhandling at intersections. Are these people begging because they lost their jobs and are looking for some extra money for the holidays, or are they professional beggars looking for easy money? One thing that is clear

Senate Republicans distressed by Jim Bunning

On March 1st, 2010, Senator Jim Bunning (R-KY) launched a one man filibuster opposing an extension on a bill that extended benefits for the unemployed.  It covered unemployment benefits, COBRA insurance, and other aid.  Sen. Bunning opposed the bill on grounds that insufficient funds were on hand to pay for it, and that unused stimulus
U.S. Congress building

Doc Fix | Disputed Democratic memo about health care reform

Earlier this morning, it was reported that “unnamed sources” on capitol hill revealed a supposedly “secret” memo instructing Democratic members of congress to not discuss the “doc fix” action that was allegedly under discussion. So what exactly is “doc fix”? Has this memo’s authenticity been confirmed, and will the doc fix mean that Congress will
Consumers budgets are already stretched out. Cash Advances help, but will the upcoming global warming bill make things worse? (Photo:

People Use Cash Advances as They Brace for Global Warming Bill

New Global Warming Bill Studies are showing people are increasing cash advances as they wait for new massive global warming bill to go into effect. In the next few weeks, Congress will be reviewing a huge global warming bill.  The bill, named Waxman-Markey, will create a cap-and-trade program that aims to police greenhouse gas emissions.

What are online payday loans?

What to do if you need money quick We’ve all been there; cars break down, refrigerators break, you or a family member gets sick. Emergency expenses come up. It’s always tough, but the good news is that you have options. Online payday loans can provide temporary financial assistance, and you can get your cash quick. Do
Honeymoon shot of a woman standing before a breakfast buffet in a Thailand hotel.

Be afraid of terrorists poisoning buffets

Terrorist attacks on U.S. soil have been warded off since 9/11, but according to CBS News, that doesn’t mean Americans should do without a good, old-fashioned helping of fear, served media fresh. Reports indicate that a key U.S. intelligence source has labeled the threat of terrorists poisoning buffets as “credible.” This has understandably set the
Great Value

Woman bites into razor in Walmart ice cream, but won’t sue

In East Texas, reports indicate that a woman bit into a razor in her Walmart ice cream. Stephanie Granger says that her Peanut Butter Stars cup “tasted funny” when she first started eating it. Rather than suing Walmart, however, Granger says she just hopes the company “reviews safety procedures.” Woman bites into razor in her
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

Lenders Watching Credit Cards And How Consumers Use Them

Companies issuing credit cards are taking on a new tactic to monitor their risk. Now they are watching, and compiling, what borrowers are spending their money on and where they are shopping. How do they monitor credit card risk? The purpose is to calculate who may be a credit risk and methodically weed them out
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Home Prices are on the Rise

Home Prices are on the Rise The home price index The recession is officially over according to experts and now is the time to watch home prices rise. For a long time house values declined causing much stress for homeowners. A new study however, just revealed that for the fifth month in a row US