Debt Relief Would Be a Whole New Ballgame
The people of American are looking for debt relief any way they can find it these days, and it appears that the only way true gains in this area are going to be made is if major restructuring of America’s financial regulatory agencies [...]
Regulating the Banking System
Due to the recession, people are looking for debt relief more than ever. Credit lenders are no longer as readily available as they once were. Mortgages are difficult to handle. The unemployment rate continues to rise. Because of these problems, the Obama administration is calling for a [...]
Will Obama push finance reform through after health care?
Health care reform may be in the political spotlight right now, but there’s a crisis of another color that hasn’t disappeared. It bears the color of money, a color that many believe President Obama has fed Wall Street but kept from the [...]
How can consumers solve money problems in this economy?
Payday loans may help consumers solve temporary money problems in a volatile market. The current recession is quickly being assessed as a long-term situation that consumers and businesses will have to maneuver through carefully. A quick-fix is not realistic. Though there are [...]
Orders for big-ticket items up
Perhaps it was the Obama press conference March 24, in which he revealed that the Federal Reserve may begin buying Treasury securities. But whatever the case, Greg Morcroft of the Wall Street Journal reports that U.S. financial stocks have, for the time being, regained positive footing. [...]
Federal Reserve aims to lower interest rates
The United States Federal Reserve said today that it will spend another $1.2 trillion to stimulate the economy. The Fed’s announcement has already caused stocks and oil prices to rally.
The Fed said in its announcement that it is trying to lower interest rates and [...]
Fed plans to profit from loans
Well, it seems the feds are so fed up with the lending world, they’ve decided to take matters into their own hands.
The Federal Reserve and the U.S. Treasury have started a new program through which consumers and businesses can take out loans directly from them.
Know [...]
John Kerry’s heart bleeds for the CRL
Starkman goes on to attack and defend in forgettable style. Click here if you missed parts one or two.
“Now the Swift Boat-style campaigns against borrowers and their advocates have begun; business journalists just need to be on guard.”
Last I checked, Forbes has a distinguished [...]
President Obama’s inauguration speech
President Barack Obama, the 44th President of the United States of America, came to the Throne of Presidency during times of heavy economic tribulation in this country. President Obama clearly understands this, as it was one of the first things mentioned during his inaugural address. The purpose [...]
Americans need payday loans to bail them out
More and more consumers are seeking personal bailouts in the form of payday loans as the economy continues to shrink. Also, more consumers than ever before believe that the financial crisis won’t get better any time soon.
However, Federal Reserve Chairman Ben Bernanke says [...]
Cheap loans? Not from the Fed
When it comes to financial relief in America, Axel Merk sees no cheap loans on the way from the Federal Reserve.
Merk, the president and CIO of Merk Investments, recently contributed an editorial to the “Investors’ Soapbox AM” segment of Barron’s that criticizes Federal Reserve Chairman [...]
Payday loans popular in tough times
As the recession has gotten worse for several months, more people have needed payday loans to help out with finances. It’s ironic that so many states are pushing legislation to limit payday loans at the time when people need them more than ever.
If the Federal Reserve’s [...]
Payday loan study brings the facts
Gregory Elliehausen of the Board of Governors of the Federal Reserve system recently produced a telling payday loan report entitled “An Analysis of Consumers’ Use of Payday Loans.” This report gives us a glimpse into the demographic characteristics of payday loan customers and shows us [...]
Federal interest rate stays at zero
Your online payday loan store keeps you informed about the nation’s financial crisis.
The Federal Reserve recently has changed its focus from interest rates to emergency credit programs. Today it announced it is ready to start buying Treasury securities in order to resuscitate lending. The federal [...]
Will initiative give the Fed too much power?
Your online payday loan source keeps you updated on the nation’s financial crisis.
Congress is working on a new initiative that would allow the Federal Reserve to closely examine the workings of several companies in the financial sector. Several federal agencies currently regulate specific [...]
Only looking out for their bottom line?
Payday loans may be on their way out in New Hampshire, and while a new personal credit line product may step in to fill the gap for consumers who genuinely need the product, it may or may not receive approval from the FDIC. This [...]
Financial Resources Over-Regulated
Despite the fact that payday loans have been a boon to cash-strapped consumers who need a little help between paychecks, bank-controlled government acts in the best interests of their campaign supporters, rather than in the best interests of the people. Some take this path, while others recognize their [...]
While we wait for the economy to come back, payday loans can help. With the recession continuing to cripple the financial market, the Federal Reserve is prepared to cut interest rates to an all-time low in a desperate attempt to stimulate the weakened economy and put extra cash into the [...]