Breaking News that matters most. Brought to you by Personal Money Store.

Gold Soars as Dollar Continues in Record-setting Decline

Changes in the economy are neither simple to understand nor entirely predictable. Virtually every metric that is used to evaluate the economic health of a nation can be influenced by a variation in another metric. For example, consider the price of gold. Typically, when the dollar shows a pattern of a record-setting decline, gold prices

Yes, Virginia, You Can Still Get Personal Loans with Bad Credit

Personal loans for bad credit might not be the same as a visit from Santa Claus, but getting a loan could make the difference between a happy Christmas and a disappointing one. A recent article in provided some practical advice for getting personal loans even when you have bad credit. The article recommends several

Don’t Let Lack of Capital Hold Back Your Entrepreneurial Dreams!

Traditional funding sources for small businesses typically include small business loans, venture capital, angel investors and public and private grants. Getting help from government sources, such as the Small Business Administration, might seem challenging, but President Obama signed the Small Business Jobs Act in 2010, which offers multiple ways to get the funding you need

Personal Loan Options Expand with New Mobile Apps

There are a steadily increasing number of lenders, peer-to-peer loan companies and alternative financing strategies that you can use to find a personal loan, so many consumers appreciate being able to find, manage and request loans using mobile apps. and other sources now provide convenient mobile apps that take the drudgery out of requesting

Strong Growth in Personal Loans With P2P Lending Leading Charge

Personal loans have recently experienced a surge according to a report posted at The article cited a strong increase in applications for personal loans during the fourth quarter of 2016, which was 12.4 percent higher than during the same period in 2015. The increase was largely credited to peer-to-peer, or P2P, lending, which is

7 Great (and Not so Great) Options for when You Need Fast Cash

A financial emergency is often a desperate situation, one full of challenges and tough decisions. Car repairs, medical bills and unpaid utilities frequently fall into this category as does an unexpected job loss or other kind of personal tragedy like a house fire. For these types of money-based financial urgencies, there are seven great, and

How to Borrow Money When Your Credit is Absolutely Shot

Most people believe that when an individual has a high credit score, then the lending world is his or her oyster, but what if your credit score is on the low side? When it comes to how to borrow money when your credit is shot, it’s easier than you think. Options range from bad credit

Utah Joins Growing Number of States Targeting the Payday Loan Industry

Utah residents are joining a number of states that are targeting the payday loan industry with new regulations. A recent report from the Utah Department of Financial Institutions suggested that the interest rates for payday loans recently dropped from a high of 482 percent to 459 percent according to a report posted at Utah

How Tribal Payday Loan Companies Skirt State Regulations

Payday loan lenders are a wily lot. In the past, when states enacted laws in an attempt to curtail the industry, many lenders found workarounds. For instance, some cloaked themselves as different types of lenders while others modified the kind of loans that they offer. Lenders are also bringing Indian tribes into their companies. This

The Case for Leaving the Payday Advance Industry Alone

The payday advance industry has received a great deal of criticism in recent years. Celebrities such as Sarah Silverman have publicized their opinions of payday loans, and President Obama has called payday advances “predatory.” In June, the Consumer Financial Protection Bureau, commonly called the CFPB, released its long-awaited proposed regulations for payday advances and other

Online Cash Advance Lenders Make a Mockery of Bans by States

A recent article explored online lending and state bans of cash advance companies operating within their jurisdictions. The article mentioned that many of these lenders get around bans by ignoring state caps on interest rates and other regulations. Without storefront options, online cash advance lenders can still advertise extensively to deliver quick cash directly

Installment Loans Under Fire by the CFPB Regulatory Guns

The Consumer Financial Protection Bureau, which is usually referred to as the CFPB, has turned its attention to installment loans, after making a series of controversial pronouncements and recommendations for payday lending reform. The organization has consistently cut through traditional checks and balances to expedite financial reform in the wake of 2008’s mortgage and banking

When Banks Won’t Lend – Bad Credit Borrowers and Payday Loans

When banks won’t lend, bad credit borrowers often turn to payday loans. When borrowing money from a bank, many factors are considered before a traditional financial institution will issue a loan. These factors include the borrower’s annual income, credit history and debt-to-income ratio. If a loan consumer fails the bank’s lending criteria, then the would-be

5 Ways to Escape the Payday Loan (Cash Loans Online) Debt Trap (Really)

Millions of Americans take out cash loans online every year. In fact, about 12 million of them do so. Consumers who borrow funds from short-term loan lenders take out an average of $375, and they pay an estimated $520 in interest. People often become stuck in cash loans online because of financial emergencies. For instance,

6 Ways to Spot an Overpriced Stock Market (Hint – We Have All Six)

In an article posted in August 2016 on, columnist Mark Hulbert asserts that the United States stock market is currently more overvalued than at virtually any other peak during the last 100 years. This one fact counters the argument that the current valuation is because the market is at one of its highest points

Should Payday Loans Online Be More Strictly Regulated?

For years, consumer financial protection groups and regulators have warned the public about the dangers of borrowing funds from traditional storefront payday lenders. However, there’s less advice about payday loans online from a company that operates on the internet. Most states have regulations in place for payday loan lenders, but they seem to have more

Bubble, Bonds, Boils and Troubles

The world’s central banks face increasing problems when it comes to planning fiscal policies in today’s climate of financial uncertainties, lower gross domestic production levels, or GDPs, and artificially high bubbles that seem to be artificially upholding inflated stock values. Bubble Finance has Gone to New Extremes recently published a report that examines these