Finance

Wells Fargo smacked heavily by Federal Judge for overdraft fees

Wells Fargo was charged in a California Federal Court over its practices concerning overdraft fees. Wells Fargo was ruled to have unfairly charged people with overdraft fees, and Judge William Alsup ordered the bank to repay them. The judge found the bank had purposely manipulated overdraft practices to profit intensely, and did not mince words ...

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Colorado passes new private money lenders laws

New laws intended to limit the short term cash loans offered in Colorado will go into effect. Colorado payday advance 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 interest ...

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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 also, or you're simply trying to borrow your way out of debt, which doesn't make any sense regardless how you take a look at it. Debt consolidation makes ...

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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. Once the U.S housing market crashed and took the remainder of the economy down along with it, banks stopped home lending, home buyers stopped buying and ...

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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 loan alternatives from organizations like his that are less costly. However, as sources like ComsumerAffairs.com indicate, many of these bank and credit union cash now accessible the exact same day are burdened by their own ...

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