Finance
Buy and Bail — Skipping out on guaranteed loans more common
It's called "Buy and Bail" -- getting a second mortgage-guaranteed loan to purchase a residence before strategically defaulting on the very first. Fannie Mae and Freddie Mac, two of the nation's largest lenders, have taken actions to quash the practice, but it is nevertheless very common. Buy and Bail itself is not illegal, though some ...
New Colorado payday loan company laws to go into effect
In the state of Colorado, new laws intended to limit short term money loans are set to go into effect. Colorado cash advance direct lenders will have both interest terms and repayment terms capped. Legislators had called for a stronger bill, but lobbyists had been pushing for a weaker bill.
Limiting interest rates
The interest rates of ...
Fast cash debit card amendment hits consumers within the wallet
Former White House Press Secretary and current Fox News commentator Dana Perino warns consumers that there's trouble brewing in Congress. This might make using a debit card a lot more costly. To be a lot more accurate, it will actually affect nearly all consumer purchases and debit card interchange fees can be the cause, claims ...
With credit reform, credit card offers are becoming a lot more deceptive
Credit card reform does not mean consumers can relax and feel safe. Now people have to be wary more than they ever have before. The credit card reform act of 2009 has looked at a lot more underhanded credit card scams from financial institutions. So now those establishments are trying much harder to sign individuals ...
iPhone OS4: Multitasking and more coming for iPhone
The iPad has barely come out, and iPad apps are nevertheless the hottest download, but Apple has already moved on to the iPhone OS4. Apple will preview or give a "sneak peak" this Thursday at the Apple headquarters. When rumors are running wild, nothing is yet official, so do not get no fax payday loans ...
