Loss of tax loan funding causes Jackson Hewitt bankruptcy

Jackson Hewitt, the tax preparation firm, has gone into bankruptcy protection because of loss of revenue from tax refund anticipation loans.
Income tax form 1040

Demand for same day loans is tremendous, FDIC says

Personal loans and same day loans are popular, but banks have proven too top-heavy to offer them effectively, according to the GAO.
The logo of the United States Government Accountability Office.

Loss of refund cash advance product cuts H&R Block revenues

As a result of being forced to stop offering a cash advance against tax refunds, H&R Block has been losing revenue this tax season.
Tax preparation

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?

Banker bonuses will have to wait three years, says FDIC

In order to make up for a huge deficit, the FDIC may soon require large banks to put higher amounts of cash into the deposit insurance fund.
The FDIC insignia that guarantees $100,000 deposit insurance for U.S. banking customers.

More skin in the game a key to preventing another housing crisis

Higher down payments on mortgage loans are one of many reforms experts say the federal government continues to avoid.
higher down payments, aka skin in the game

FDIC payday loan alternative program helps banks try to compete

The FDIC small dollar loan program was conceived to determine whether banks could make a profit competing with payday loan companies. READ ON
an old bank vault door with a person standing in it

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.

Federal Deposit Insurance Corporation makes borrowing money easy

The Federal Deposit Insurance Corporation (FDIC) isn’t just for withdrawing money from your checks, it also makes borrowing money easy.
FDIC makes borrowing money easy

Dodd’s Reform Bill Threatens Power of Federal Reserve

Senator Chris Dodd and Representative Barney Frank are playing dueling banjos with their banking regulation bills. Debt relief is a long road to hoe.
Senator. Chris Dodd (Photo: Wikipedia.org)

Money—More of a Concept than You Might Realize

Consumers may need to change their thinking in order to properly interpret financial events. CLICK HERE to read about you to change your demeanor.
Bank closings are slowing, despite the fact that more banks are in trouble than ever. The FDIC hopes to instill consumers with confidence. (Photo: flickr.com)

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.

Payday Loans Beat FDIC Small-Dollar Loans Hands Down

The FDIC thinks to dabble in the payday loan business, but they're doing so at an admitted loss. It's "public outreach," they say. CLICK HERE, taxpayers!
What's a government small dollar loan worth? Nothing more than eagle food, apparently… (Photo: wikipedia.org)

FDIC Needs a Bailout from Banks This Time

A possible scenario that could be in store for the federal organization that has helped insure customer deposits in failed banks: banks will bail out the FDIC...
FDIC borrowing back from banks – coming soon! (Photo: Ryan McFarland)