Finance

Financing sector data revealed in new cash advance record

Short term lending is a very difficult issue. Within the United Kingdom, the number of payday advances taken out in 4 years has quadrupled. Montana, Arizona, and many other states have taken steps to limit payday lending. If S. 3245 passes the Senate, the Truth in Financing Act could be extended to cover the rate ...

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Payday loans alternatives not so good as USA Today suggests

Opponents of payday loan company tend to argue that you will find cheaper payday loan alternatives available. When this does apply to those individuals who have the credit to have opportunities, those consumers with average to less-than-average credit may find payday lenders to be more available. You wouldn't know this if you believed mainstream media ...

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Plan your debt consolidation carefully for real debt reduction

Debt Consolidation loans could be a good way to simplify your debt. Nevertheless, for real debt relief, debt consolidation is only the first step. You have to change your spending habits as well, or you are simply trying to borrow your way out of debt, which doesn't make any sense regardless how you check out ...

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New home sales fall to record low in May after tax credit expires

New home sales fell to a record low as outlined by a report by the Commerce Department released June 23. A slide in new home sales statistics was expected following the home buyer tax credit expired in April. But the 32.7 percent drop in May was more than expected. Existing home sales dropped also, surprising ...

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Fastbucks and New Mexico Attorney General in legal scuffle

In New Mexico, the lawsuits are flying between the Attorney General and loan business Fastbucks. Attorney General Gary King filed a lawsuit against Fastbucks. Fastbucks sued back. At issue? New regulations on payday loan lenders that Fastbucks fought in court in 2006. Against Fastbucks, the original lawsuit The lawsuit that started this tete-a-tete New Mexico was filed ...

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