Utah online payday loans lender busted for Ponzi scheme

A Utah man and his two online payday loans companies have been sued by the SEC for defrauding investors of millions with a Ponzi scheme.
Trial

Futures Trading and SEC fighting Congress for funding

The Commodity Futures Trading Commission and the Securities and Exchange Commission have requested additional funding but may be facing cuts.
Coins

SEC fine, bonus tax, volatile markets dent Goldman Sachs profits

Goldman Sachs profits fell 86 percent in the second quarter compared to the first; the richest securities firm on Wall Street took a beating.
Hundred dollar bills, fanned out and on fire.

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.
Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

Peer to peer lending confounds the SEC

Peer to peer lending is a new industry that is embroiled in a debate with the SEC. What is p2p lending, and how does it work? READ MORE ...
Money

Goldman Sachs | Charged by the SEC for fraud

The SEC filed a legal challenge to Goldman Sachs today. What part did Goldman Sachs allegedly play in the financial downfall? READ ON...
Goldman Sachs tower in New York City

Vanderbilt/Oxford Study: Payday Loan Firm Profits Not Excessive

A joint Vanderbilt/Oxford study entitled "The Profitability of Payday Loans" shows that industry profits are not excessive, counter to what media critics claim.
Think this represents the average payday loan company CEO? Think again. Profitability is hardly out of sight, even if it has allowed the industry to grow. (Photo: flickr.com)

How Can Installment Loans Help Protect Your Credit Rating?

There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.
There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.

Sky Capital Gets Busted for Fraud | SEC Takes it to Court

I'm glad I haven't tried to participate in something I don't understand. I could have been a Sky Capital investor who got scammed. READ MORE ...
Image by Matthew Stubsdad