Pawn lenders continuing to become more high-class

Years ago, pawn lenders were seen as almost seedy. Pawn lenders have become more high-class over the past few years, however.
A pawn shop store front

Credit unions enter the payday loan business

Many credit unions are now offering short term, high interest loans similar to payday loans, and the practice is getting mixed reactions.
Credit union sign

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.

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

Payday lenders thriving despite regulatory climate

Though people are saving money more and regulatory climates are changing, payday loan lenders are continuing to thrive and expand.
Storefront of a payday loan lender

30 percent interest for late payments at Bank of America

Watch out for default interest rates. Despite new rules, credit card issuers like Bank of America will still raise rates sky high.
Credit card

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.

Loss of refund loans causes mounting losses at H&R Block

H&R Block is mourning the loss of refund anticipation loans, as revenues have been declining since it had to stop offering the loans.
An H&R Block storefront

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.
Federal Reserve Vice Chair Janet Yellen

Right for consumers to choose preserved in Kentucky

Kentucky House Bill 182 fell in defeat, keeping the freedom of financial choice in the hands of consumers, according to Kevin Borland.
A tour group on the interior steps of the Kentucky capitol building.

Do Not Fall Behind On Your Bills - See How Short Term Loans Can Help Prevent Late Fees and Penalties.

Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.
Short term loans can help you stay current on your bills by providing quick cash so you do not rack up expensive late fees and penalty charges.

Legal spat over financial protection bureau continues

The legal battle over the Consumer Financial Protection Bureau continues, as legislators try to gut the agency before it starts operating.
Hearing

Racial discrimination evident in continued bank redlining

Redlining still hasn't disappeared from minority banking, reports USA Today. Minorities are still shut out of many bank loans and mortgages.
A white piggy bank, shaped like a grenade.

Refund anticipation loans could become endangered species

Regulations have made it hard for tax preparers to find financing for refund anticipation loan programs, which could disappear altogether.
Tax preparation

How To Get A Cash Advance Even With Bad Credit and Bankruptcy On Your Record

Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.
Not many people know they are still eligible for cash advances after bankruptcy or losing their credit. There are no credit checks so bad credit does not affect eligibility.

Center for Responsible Lending has new report on payday loans

A new report has been released by the Center for Responsible Lending, slamming payday loans lenders, but it's just calling out a few bad apples.
Fanned cash

Rhode Island payday loan bill seeks strict interest rate cap

Rhode Island legislators have introduced 2011 H 5562, a bill to cap payday loan rates at an untenable 36 percent APR. Here we go again...
Shot of the Rhode Island capitol building, taken from a distance, down a tree-lined walkway.

Release of discount window data reveals big European bank bailout

The long-awaited release of discount window data by the Federal Reserve illustrates the global impact of Wall Street bank failures ...
discount window lending

Keep Your Debt to Credit Ratio Down By Using Personal Loans Instead of Credit Cards

The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.
The higher your credit balance the lower your credit score may be. Personal loans online do not go on your credit report in most cases.

More banks ending debit card rewards

The ranks of major banks ending debit card reward programs are swelling as the cost of new financial reforms are adding up.
Wells Fargo

Bitter winter chills demand and new home sales plummet

The bitter winter, sluggish demand and lousy credit availability have chilled demand for new homes, and new home sales have dropped.
Home construction