Citi is voluntarily ending a practice that enables banks to charge customers repeatedly for overdraft protection.
Monday, April 4th, 2011 by
By Thomas Hart
The long-awaited release of discount window data by the Federal Reserve illustrates the global impact of Wall Street bank failures ...
Thursday, March 31st, 2011 by
By Thomas Hart
The ranks of major banks ending debit card reward programs are swelling as the cost of new financial reforms are adding up.
Tuesday, March 29th, 2011 by
By Peter Stone
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Consumers fed up with bailouts, bonuses and bogus fees are ditching big banks and switching to local banks and credit unions by the millions.
Friday, March 25th, 2011 by
By Thomas Hart
The Supreme Court legally binds the Fed to reveal which banks took discount loans during the financial crisis and how much they borrowed.
Tuesday, March 22nd, 2011 by
By Thomas Hart
In a letter to the U.S. government, big business groups spell out hopes for the immediate future of the Consumer Financial Protection Bureau.
Tuesday, March 1st, 2011 by
By Steve Tarlow
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
The Commodity Futures Trading Commission and the Securities and Exchange Commission have requested additional funding but may be facing cuts.
Tuesday, March 1st, 2011 by
By Mary Rice
Facebook raised $450 million from Wall Street bank Goldman Sachs, which as a major shareholder is positioned to underwrite a Facebook IPO.
Monday, January 3rd, 2011 by
By Thomas Hart
Credit Karma is one of many emerging websites supported by advertising that allows users to access credit score information for free. READ ON
Tuesday, July 27th, 2010 by
By Thomas Hart
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
Elizabeth Warren, a candidate to lead the Consumer Financial Protection Bureau, has spoken out against short term credit like payday loans...
Thursday, July 22nd, 2010 by
By Thomas Hart
Months of debate ended when the financial reform bill became law with a stroke of the president's pen at a signing ceremony Wednesday.
Wednesday, July 21st, 2010 by
By Thomas Hart
The Wall Street reform bill has passed the House, and now the United States Senate. Next is the President's desk for approval. READ MORE...
Thursday, July 15th, 2010 by
By Peter Stone
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Banks still refuse to offer cheap credit, and payday loans online remain the best option for quick cash to meet emergency expenses. READ ON
Tuesday, July 6th, 2010 by
By Thomas Hart
Financial reform legislation agreed upon this week sets up a new consumer protection agency to consolidate oversight of credit and lending.
Saturday, June 26th, 2010 by
By Thomas Hart
New mortgage rules to prevent another financial crisis are being debated in Congress and being aggressively fought by loan industry lobbyists.
Monday, June 21st, 2010 by
By Thomas Hart
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Senator Dick Durbin has amended the financial reform law in a way that will likely make banking and shopping more expensive for consumers…
Wednesday, June 9th, 2010 by
By Steve Tarlow
The financial reform bill doesn't regulate payday lenders, but a consumer agency in the bill may end convenient access to short term credit.
Wednesday, June 2nd, 2010 by
By Thomas Hart
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