Finance

Cash advance lenders don’t profit as much as one might think

The claims from critics could lead people to think that a loan or payday advance lender makes piles of money. That isn't really true at all. Short term installment loan lenders aren't what they're said to be. In fact, the typical payday loan lender doesn't make a lot from loans. Slim are the profit margins ...

Click here to read complete article.

Obama decides that unemployed foreclosure loans need another $ 3 billion

Those unemployed have a little less to worry about considering the Obama administration is trying to prevent foreclosures with an additional $ 3 billion. Last week the administration announced plans to allocate $ 2 billion toward the Hardest Hit Fund, doubling the size of the program. Another $ 1 billion will go toward a Housing ...

Click here to read complete article.

Social Security wanted by Americans more than cutting deficit

Cutting social security to fix the deficit is not an idea that Americans like according to a survey funded by AARP and conducted by GfK Roper. As outlined by the Huffington Post, 85 percent of adults don't want to cut Social Security. A large sample (72 percent) "strongly opposes" such action. 'Me first,' say Social Security ...

Click here to read complete article.

Banks have personal loans to take Social Security

People on Social Security typically aren't amenable to giving away their benefits. That's why there is a plan on the table to eliminate paper Social Security checks entirely. The Wall Street Journal indicates that 2013 is the year in which the Treasury Department will stop paper checks and move entirely to direct deposit and prepaid ...

Click here to read complete article.

Test taking to get loans from UK

Getting loans is going to be harder in the United Kingdom with the new rules they're considering. It is being considered because it was found by the Learning and Skills Council that 9 out of 10 customers couldn't even calculate basic formulas and numbers. They may soon require that a test be taken for ...

Click here to read complete article.