More Important Than Lipstick, Take 3
by hilzoy From the NYT: "Tracey Minda needed cash to buy clothes and school supplies for her 6-year-old son before the 2006 school year ... . The quick and easy answer was a $400 loan from a payday lender. When payment was due two weeks ... a payday loan cheaper than the industry does,” said Steven Schlein, a spokesman for the Washington [more...]
Date: 2008-09-13 04:07:30
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Be Careful Not To Commit Fraud With Rebates
With many people pushing various "cash back to the buyer" schemes in real estate, a note of caution is needed. Actually, it's more like an entire symphony of caution. Because if there is a loan involved ... estate and loan places that are willing to pull so-called "harmless" fraud are also willing to pull [more...]
Date: 2009-01-07 14:48:27
Beware the Lure of No Credit Check Loans
by Mary Bush Perhaps you always thought that it could never happen to you, ... your credit card is maxed out and you have no money in savings, you need some cash fast. Sounds familiar ... . While many have the luxury of putting two new tires on a credit card and then repaying the card [more...]
Date: 2009-01-01 23:46:35
Wall Street Breakfast: Must-Know News
Treasury takes GMAC stake. The Treasury will buy a $5B stake in GMAC (GKM), owned by General Motors (GM) and Cerberus, and give GM a $1B loan so the automaker can help the lender reorganize as a bank holding company. The much-needed injection of capital will help GMAC expand its lending after a cash [more...]
Date: 2008-12-30 12:11:31
Are You Financially Healthy? The 5 Stages
Last night, I was pondering the subject of cash flow (essentially how money flow through our hands) and about financial well being ... 1 Description You are earning less than you spend, forcing you to rely on payday loans and credit [more...]
Date: 2008-06-25 12:00:39
Now We Need A Bailout For The Bailout
Good grief... The new loans push the government’s planned investments under the financial rescue beyond the $350 billion that Congress has ... , so the Treasury has leeway to direct some of that cash to GMAC. “It’s not fair to say we’ve [more...]
Date: 2008-12-30 22:52:48
10 Ways To Stash Cash
Inspired to save? I hope so. But maybe you're wondering where the money will come from ... , you're giving the government a free loan. Change your withholding, then save the difference [more...]
Date: 2008-06-13 15:53:55
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