Is the Stock Market About to Wipe Out (Again)?

Is the Stock Market About to Wipe Out (Again)? Despite weak economic indicators, stocks have continued to appreciate in the current bull market for the past seven years, which leads many analysts to conclude that stocks are now overvalued and likely to crash according to a report. The analysis points out these persuasive arguments:

Payday Loans and Their Not-So-Friendly Replacement

Proposed regulatory action at the federal level has payday loan lenders making drastic changes to their product lines. Many lenders are now offering installment loan products as well. The not-so-friendly replacement to payday cash loans extends a borrower’s repayment terms, which has the after-effect of keeping people in debt longer. While these new loans are

Should Payday Loans Online Be More Strictly Regulated?

For years, consumer financial protection groups and regulators have warned the public about the dangers of borrowing funds from traditional storefront payday lenders. However, there’s less advice about payday loans online from a company that operates on the internet. Most states have regulations in place for payday loan lenders, but they seem to have more

Bubble, Bonds, Boils and Troubles

The world’s central banks face increasing problems when it comes to planning fiscal policies in today’s climate of financial uncertainties, lower gross domestic production levels, or GDPs, and artificially high bubbles that seem to be artificially upholding inflated stock values. Bubble Finance has Gone to New Extremes recently published a report that examines these

Delaware Payday Cash Loan Lenders Find Creative Ways to Skirt Regulations

In an attempt to clamp down on predatory lending practices, Delaware’s legislators passed regulations in 2012 that limited the number of payday loans that a borrower could take out in one year. However, Delaware payday cash loan lenders found creative ways to skirt regulations, and it was business as usual. Delaware Payday Lenders Use Their

There’s Just No Stopping the Chinese Debt Juggernaut

In the financial world, several notable investors have recently expressed concern about China’s growing debt. Famous investor George Soros reported that the country’s situation bears an uncanny resemblance to the conditions that were present in the United States prior to the 2008 financial crisis. He said, “It’s similarly fueled by credit growth and an eventually

Installment Loans Gain Ground as Payday Loans Online Draw Fire

The payday loan industry has mastered the art of transformation. In the past, it’s done this by transitioning from operating out of classic storefronts to processing payday loans online as well as by offering title loans instead of traditional payday loans. With new federal restrictions on the horizon, the industry is finding that it needs

What Cash Advance Loans Cost and How They Work

When it comes to what cash advance loans cost and how they work, keep in mind that short-term loan companies may have subtle processing differences, but there are regulations in place to keep lending fairly consistent. Cash advance loans are funds that a lender provides to a borrower to meet his or her immediate financial

Nevada Attempts to Restrict Payday Merchants

Attacks on fast cash payday lenders have increased dramatically in recent years. At the national level, the Office of the Federal Register has published the final regulations proposed by the Consumer Financial Protection Bureau, commonly known as the CFPB. The new regulations take direct aim at payday lenders as well as lenders who offer title

Why Cash Advance Loans Can Actually Do Some Good

The Consumer Financial Protection Bureau has been in the news quite a bit recently. The agency, normally referred to as the CFPB, began working on stricter regulations for the cash advance industry several years ago. Much of the current news concerns the proposed regulations that the CFPB has announced for loans of relatively small dollar

Stocks Continue to Break Records – Is It Really Different this Time?

Stocks continue to break records despite financial analysts’ predictions of doom due to Brexit, or Britain’s decision to leave the European Union, and sluggish economies throughout the world. Artificially low oil prices due to the price war between Saudi Arabia and shale-oil producers in the United States, despite providing a big benefit to consumers, have

Shale Oil and the Saudis–The War Continues

Saudi Arabia dominates OPEC, or the Organization of Petroleum Exporting Companies, and its decision to flood markets with cheap oil in 2014 was intended to quash shale production so that the country could resume its pre-eminence in world oil production. A report that appears in suggests that the strategy backfired. U.S. companies responded with

Payday Loans – Are They as Bad as Some Make Them Out to Be?

Most of the payday loan industry’s criticism is politically motivated and calls to mind the classic meme of a scout trying to help an old lady across the street when she doesn’t want to go. Politicians are filled with good intentions to legislate from ivory towers while down-to-earth people struggle when they don’t have financial

Clinton Vows to Raise Taxes — A Promise She’ll Keep

 Few Americans believe that their taxes are too low, especially when the amounts they pay in addition to federal and state income taxes are included. For example, payroll taxes are deducted from earnings. There are federal taxes on gasoline, cell phone bills, hotel rooms, airline tickets and a bevy of other goods and services. Sales

Should Installment Loans Be Subjected to Interest Rate Caps?

Although many payday lenders offer installment loans as well as payday loans, the two products are quite different. Payday loans require repayment in full within a very short time, which can be as little as 14 days. Installment loans, however, are repaid through multiple monthly payments. Many different lenders, including credit unions and banks, offer

Oil Continues Decline as New Rigs Come On Line

American drivers have had to deal with fluctuating gasoline prices for many years. However, in February 2016, the average price for all grades of gasoline dropped to slightly more than $1.87, according to the U.S. Energy Information Administration. Prices crept up over the next months, peaking at almost $2.47 per gallon in June before declining

Installment Loan Solutions Offered by Startup Lenders

Advances in technology have had a significant impact on the way that many Americans work, shop, pay their bills and access entertainment. Technology has made it possible to shop for an insurance policy, purchase it online and receive immediate proof of coverage. For years, many lenders have offered online applications for everything from mortgages to