Finance
Wells Fargo smacked heavily by Federal Judge for overdraft fees
Wells Fargo was charged in a California Federal Court over its practices involving overdraft fees. The presiding judge, William Alsup, slapped Wells Fargo with having to pay back hundreds of millions of dollars to customers it had unfairly charged. The judge found the bank had deliberately manipulated overdraft practices to profit intensely, and did not ...
Colorado passes new private money lenders laws
There are new regulations on short term money loans in Colorado that will go into effect very soon. Colorado payday loan direct lenders are going to have both interest terms and repayment terms capped. The bill is stronger than some in the industry had hoped for and weaker than numerous legislators were pushing for.
Keeping the ...
Reduce debt by carefully preparing debt consolidation loans
To simplify your debt, debt consolidation loans work. However, 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 take a look at it. Debt ...
As economy rebounds, credit crisis might cause housing shortage
A housing shortage is likely to be another effect of the housing bubble, even after the housing market crash, foreclosure epidemic, credit crisis, massive unemployment and other hardships fade. When the U.S housing market crashed and took the rest of the economy down with it, numerous of the different banks stopped home lending, home buyers ...
Paydayloans alternatives can be costly
Ask any commercial banker and they'll tell you that if you need very same day loans, there are pay day alternatives from organizations like his that are less expensive. ConsumerAffairs.com begs to differ, nevertheless; numerous payday loan alternatives aren't a cheaper solution at all. The National Consumer Law Center (NCLC) studied hundreds of payday loans ...
