Transparency in Payday Advance Loans and Government Bailouts

Treasury tells all
It seems the Treasury has taken a lesson from some payday advance loans companies. Just as PersonalMoneyStore.com lets you know upfront what the fees, limits and regulations are on payday advance loans, the Treasury seems to be making good on its promise of transparency.
Today the Treasury Department shared [...]

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The Treasury has started handing out bailout money again
Tuesday, January 27th, 2009 by
Elizabeth Fairchild

Treasury Secretary Nominee’s Taxes | By Your Payday Loan Source

I don’t think Treasury Secretary Nominee Timothy Geithner needed a payday loan to repay the $42,000 he owned the IRS — but he did pay it back. Geithner, currently president of the Federal Reserve Bank of New York, made mistakes on his taxes when he was working for the International [...]

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Timothy F.
Wednesday, January 14th, 2009 by
Elizabeth Fairchild