How to compute an annual compound interest rate
It's the little things like compound interest that can get you in the end. Learn how to compute compound interest and avoid bankruptcy.
Tuesday, June 28th, 2011 by By Steve Tarlow
Number of people taking 401(k) loans hitting record high
The number of people that are taking personal loans out from their 401(k) accounts through employers are at a record high.
Thursday, June 9th, 2011 by By Peter Stone
Sites offering peer-to-peer personal loans keep growing
Websites, such as Prosper.com and LendingClub.com, that offer peer-to-peer personal loans are starting to expand quite rapidly.
Tuesday, June 7th, 2011 by By Peter Stone
How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?
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.
Value of college questioned with high loans and unemployment
As student loan balances and unemployment grow, people are beginning to question the value of college. The numbers say it does have value.
Monday, June 6th, 2011 by By Peter Stone
Strategic defaults starting to decline slightly
The number of people entering into strategic defaults, or walking away from a mortgage when advantageous to do so, is starting to decline.
Tuesday, May 31st, 2011 by By Peter Stone
Personal loans to attend for-profit schools can be risky
Borrowing personal loans to attend a for-profit college may not be the best choice, as they are riskier than their nonprofit counterparts.
Monday, May 23rd, 2011 by By Peter Stone
Facts About Installment Loans Everyone Should Know Before Applying Online
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.
Senate wants 401(k) accounts off-limits as personal loan funds
The United States Senate proposing a bill to limit the use of 401(k) accounts as a source of personal loans when people fall short.
Wednesday, May 18th, 2011 by By Peter Stone
Students have a hard time paying off personal loans
College graduates are having an increasingly difficult time paying back student loans. One in four struggle, and 7 percent are in default.
Wednesday, May 4th, 2011 by By Peter Stone
Banks will not raise ATM fees too high for now
ATM fees won't climb too much higher, at least for now. Chase has ended a $4 and $5 ATM fee program, as consumers can stand only so much.
Tuesday, May 3rd, 2011 by By Peter Stone
How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
Strategic defaulters more likely to be financially educated
Strategic default has been discussed more during the housing recession, and the people who do it are generally more financially savvy.
Monday, April 25th, 2011 by By Peter Stone
Credit card use declining as more people turn to cash
Credit card use continues to decline. Fewer and fewer people are turning to the plastic because more people are trying to shed debt.
Tuesday, April 19th, 2011 by By Peter Stone
14 banks ordered to pay homeowners back for bad foreclosures
Terms of the robosigning settlement include 14 financial institutions having to repay homeowners whose homes were wrongfully foreclosed.
Wednesday, April 13th, 2011 by By Peter Stone
How Personal Loans Online Can Prevent Your FICO Credit Score From Going Down
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Killing payday lending does not fight poverty
The Anti-Poverty Coalition of Greater Dallas has attacked payday lending and ignored the financial effect eliminating short term credit.
Tuesday, April 12th, 2011 by By Steve Tarlow
Federal Reserve not planning to reign in credit supply yet
Worries about inflation have caused lawmakers and financial experts to ponder whether the Federal Reserve should curb the credit supply.
Monday, April 11th, 2011 by By Peter Stone
Credit bureau Experian accused of fraud in California lawsuit
Experian, one of the three credit reporting bureaus, is being sued for fraud for selling credit reports information that is worthless.
Friday, April 8th, 2011 by By Peter Stone
How To Use Short Term Loans To Get Through a Budget Crisis Wisely
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.
Wireless payment network to debut in Salt Lake City
A wireless payment network is going to be unveiled in Salt Lake City. People with phones that have NFC technology will barely need a wallet.
Wednesday, April 6th, 2011 by By Peter Stone
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.
Wednesday, March 30th, 2011 by By Steve Tarlow
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