Monthly Archives: July 2010

Reverse mortgages | Using equity or stealing homes?

A photo of a large houseSeniors are pulling equity out of their homes using a product known as reverse mortgages. The fine print, though, is causing serious problems. READ ON...

Is the five second rule giving way to a zero second rule?

A cartoon illustration of the old-wives' tale regarding food and bacteria that we know as the "Five Second Rule."The five second rule may save money by limiting food waste, but new studies suggest a zero second rule may be more appropriate and safer ...

Payday loans beat credit cards for quick cash

Chose payday loans online, instead of credit cards, for your immediate cash needs.Credit cards are expensive! People from all walks of life are discovering that payday loans are a more economical way to borrow quick cash..

International Court of Justice supports Kosovo separation

Kosovo FlagAccording to the International Court of Justice in The Hauge, Kosovo has not violated any international law by declaring its independence...

Seven banks cannot meet capital requirements in Euro stress tests

HSBC BankThe Euro stress tests have revealed that after the Greek bailout, seven major European banks can't meet capital requirements of 91 surveyed.

Yellow Sea turns black from China oil spill

The recent China oil spill is located in Dalian.The recent China oil spill has turned the Yellow Sea black. Estimates of the spill's size have doubled as crews work to clean up the spill...

Capital One sued once again for deceptive interest rate increases

Capital One corporate signageThe Capital One class action lawsuit, revived on appeal, accuses the credit card company of deceptive lending and unfair competition. READ ON....

Wall Street reform includes a new whistle-blower provision

New York subway mosaic reading "Wall Street."Wall Street reform has passed into law. Did you know it includes a whistleblower provision that gives informants a cut of government fines?

Milwaukee flooding devastates Northern Midwest

Flood on the DanubeFlooding in Milwaukee closed the Milwaukee airport, and opened a sinkhole in downtown Milwaukee. Further storms are anticipated. READ ON...

Kansas payday loans

Couple smilingIt's not always sunny in The Sunflower State. But with Kansas payday loans, we'll help you find that yellow brick road to financial stability.

North Korea threatens U.S. military exercises as sanctions mount

an aircraft carrier flanked by escortsNorth Korea threatened to get physical as the U.S. and South Korea prepared joint military exercises and a new round of sanctions hit. READ ON...

Advance America stock tumbles after store closures

Ghost townAdvance America is closing 122 of its stores after Arizona banned payday lending. Payday lending may end up getting regulated to death someday.

Oil spill cap will stay in place when Tropical Storm Bonnie hits

a satellite photo of a tropical stormTropical Storm Bonnie is bearing down on the oil spill in the Gulf of Mexico, but the oil spill cap is holding and will remain in place.

Online payday loan company settles with W.Va. consumers

Close-up of a man's hand signing a legal settlement.FFD Companies, a Nevada-based online payday loan group, will refund over $300,000 in fees and interest to W.Va. consumers. READ ON…

Easy payday loans may be limited by consumer protection agency

elizibeth warren on the left in a meetingElizabeth Warren, a candidate to lead the Consumer Financial Protection Bureau, has spoken out against short term credit like payday loans...

Will T-Mobile sell the iPhone 4 in third quarter 2010?

An out-of-box view of an iPhone 4. Catherine Zeta-Jones did not come in the box, but she appears interested.Rumors are circulating that T-Mobile may begin selling iPhone 4 units in third quarter 2010. Allegedly, there's an 80 percent chance. READ ON...

Raytheon selects Alabama for new missile plant

Sea Sparrow missile being firedRaytheon, the giant defense contractor and electronics pioneer, has canceled a missile plant in Tuscon and moved it to Alabama. READ ON...