Why Payday Lenders Thrive in Our Economy

There has been much said about the payday lending industry as a whole. Some people feel that the industry itself is not well regulated and can be somewhat predatory. However, there is plenty of evidence to suggest that payday loans serve to fill a gap in the economy when some people are out of other

Pew study finds shrinking middle class is an economic minority

A recent Pew study found the presently shrinking middle class is now in the minority, as those between poor and well-off are becoming fewer and farther between. It’s a phenomenon that’s been observed and lamented for some time. Fewer people able to be middle class anymore The term “middle class” can be construed any number

Questioning the Payday Loan Industry’s Annual Percentage Rates and Fees

Lender matching services like Personal Money Store and lenders that offer payday loans online and in storefronts advertise small, short-term loans as a quick fix to temporary financial difficulties. After a short application process, approved consumers are able to receive the money inside of the store within a few hours or have it deposited into

An Overview of Online Payday Lending Industry Customers

There is hardly any category of the finance industry that has not carved out a niche for itself on the Internet. This especially holds true for the payday lending industry, which has come a long way from being an add-on service at check-cashing establishments and has continued to perform well during the recent recession. In

The Negative Repercussions of a Payday Loan Ban

Let’s say certain consumer advocate groups got their way; what would the effects of a payday loan ban be? Certain demographics would lack access to credit (though some assert harmful credit), or would use potentially worse forms, among other potential effects. First effects of payday loan ban are denying supply, not demand The primary effects

Credit union payday loans among growing alternatives

For a sector that prides itself on its virtue, credit union payday loans don’t seem a likely product to exist. However, despite the stigma of the product and the industry, credit unions and other entities are slowly taking an alternative product mainstream. Slow growth in credit union payday loans Payday and other short term loan

Get a Fast Cash Advance Online – Even with Bad Credit!

Need a Fast Cash Advance and Have Bad Credit? First off, what is bad credit? Bad credit typically refers to your credit rating from one of the major credit rating agencies. Bad credit can be the result of making bill payments late, never paying, having liens and bankruptcies. These are just a few of the

The Bubble And Bust Cycle

In macroeconomics, one of the dominant forces is what’s referred to as the “Bubble and Bust” cycle, also called “boom and bust.” The idea is that demand, and thus value, for certain goods or services will rise until the market cannot bear the price and then the value of that commodity crashes, which can leave
Katie Spotz appears to be a normal 22-year-old woman. But inside her beats the heart of a survivor.

Katie Spotz becomes youngest ever to row an ocean solo

“Endurance is patience concentrated.” – Thomas Carlyle Katie Spotz, 22, knows something about endurance. After 2,817 miles of rowing across the Atlantic Ocean, she endured all that the elements and her body could throw at her. Now she is the youngest person ever to row across an ocean solo. Her 70-day, five-hour, 22-minute journey from
Verizon

Verizon 4G LTE network to launch Sunday

Coming Sunday, Dec. 5, Verizon Wireless will launch its 4G network. This fourth-generation network technology, called LTE, promises to offer near-broadband speeds. The Verizon 4G network is being rolled out without any phones that support the technology, meaning people must wait until January to get a full hands-on experience. Verizon 4G LTE technology The Verizon
Be a happy hippo with payday loans from Personal Money Market! (Photo: psotd.powerblogs.com)

Payday Loans | Online and Easy With Personal Money Store!

Be a happy hippo Online-based no fax payday loans and easy payday loans connection site Personal Money Market is on a mission to be the only Web site that potential clients keep in mind when they’re in need of fast payday loans, payday cash loans, bad credit payday loans or other kinds of short term
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You would be surprised at who needs guaranteed loans

The functions of personal finance and high corporate finance are different, but believe it or not, the two are not completely dissimilar. The companies which need some guaranteed loans at some time, or at least a line of credit in case they need a short term loan are some of the biggest names out there.
the european flag flying, blue field with a circle of gold stars

European debt crisis poised to weaken U.S. economic recovery

Europe’s debt crisis is endangering U.S. economic recovery in the era of globalization. The Euro hit a new four-year low against the dollar Monday. Greece, Spain, Portugal, Italy and Ireland are dragging down the European Union faster than a recent pledge of nearly $1 trillion dollars in bailout money can prop the alliance up. Britain’s
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