Have you bounced a check? The Senate Banking Committee’s version of H.R. 3505 amends the Act to excuse some bad check enforcement programs currently under state regulatory oversight from federal regulatory oversight. Here is how it works –- Some state and local prosecutors use companies called “check-diversion” companies to help…
The Valentine’s Day credit connection just keeps getting weirder and weirder. We all know that financial matters play an important role in the success of relationships…but does credit really impact your ability to love? If you read the USA Weekend edition, or browse the news today, the answer is yes.…
This is the last on my saving money tips series. Int his article we will cover housing, insurance, banking and Prescription and Over-the-Counter Drugs. Saving money this year is a great way to avoid stressing out about loans and finances and work towards creating the right type of rainy day…
Identity theft is considered the fastest growing crime in America. There are no easy answers about what we can do to curb the increasing prevalence of these crimes. Some experts recommend increased police involvement, longer jail sentences and changes to the way Social Security numbers are used. However, there is…
The results from our most recent poll of financial experts is in and they are in agreement, if you are searching for a new mortgage loan or looking to refinance, then it is recommend for almost every borrower to get a traditional principal and interest loan product. Finding interest only…
When it comes to obtaining the best mortgage rate several factors come into play. The Federal Reserves asset purchases for example can fluctuate mortgage rates as can housing demand in the area you are looking to buy in. There is also the matter of the secondary market for mortgage-backed securities.…
Payday loans have been a controversial issue ever since they were created. They are also one of the growing industries in the United States due to the state of the economy and people’s need for money. The problem with payday loans is that often, the high interest rates associated with…
The explosive growth of payday loan providers and also quick cash loan facilities has actually lured conventional banks to begin selling similar services.They are marketing this kind of financing method as a “Ready Development Loan” and also it enables customers to obtain up to $500. Furthermore some financial institutions are…
Today consumers are looking to the Internet to get loans that are not available from a traditional lender, such as a bank or credit union. Many consumers may not pass a credit check or have a problem using a bank because of various lending practices. This means that loans provided…
Comparing Peer to Peer Loan Offers for the Best Deals Starting a new business or consolidating debt can both be exciting times for borrowers. The world of lending has changed dramatically over the years to include alternative forms of financing these opportunities. Borrowers with good credit can remove the paperwork…
