Personal Finance News

Financial Literacy in Schools

(Source: NCPA) – Starting this fall, Virginia high schools join a handful of states, including Missouri, Utah and Tennessee, that mandate a class in financial education. 


Posted in Personal Finance News | Tagged , , , | Leave a comment

Northern Trust Announces Corporate Strategy Leadership Changes

CHICAGO, Aug 17, 2011 (Source: Marketwatch) — Northern Trust, a leading provider of financial services for individuals, families and institutions, announced today that Jason Tyler of Ariel Investments LLC will be named Head of Corporate Strategy and Market Development.


Posted in Personal Finance News | Tagged , , , | Leave a comment

The Stress of Carrying Cash

(Source: Bloomberg Businessweek By Roben Farzad) – Can too much cash possibly be a bad thing? Right now the answer is yes. In the U.S., individuals, banks, and the Federal Reserve find themselves locked in a vicious cycle of retrenchment. [...]


Posted in Personal Finance News | Tagged , , , , , , | Leave a comment

Credit Unions Increasingly Offer High-Rate Payday Loans

(Source: The Washington Post by By Ben Hallman) – To millions of member-customers, credit unions are the financial equivalent of a trusted uncle, dispensing prudent loans for cars, homes, and education without the profit motive of traditional banks.


Posted in Personal Finance News | Tagged , , , , | Leave a comment

Developer Opus Settles Claims That Owners Took Subsidiary Profits

MINNEAPOLIS (Source: Star Tribune, Minneapolis) – Opus Corp. has quietly settled another federal lawsuit involving accusations the onetime megadeveloper improperly stripped millions of dollars from a subsidiary to fatten the family trust funds of its owners, the Rauenhorst family, and [...]


Posted in Personal Finance News | Tagged , , , , , , , , , | Leave a comment

EDITORIAL: Payday lenders push to expand

(Source: By The Virginian-Pilot, Norfolk, Va.) –Virginia is about to become a go-to state for business in the region. Unfortunately, it’s a nasty business that crushes families and destroys communities with predatory levels of debt. Senate Majority Leader Richard Saslaw [...]


Posted in Personal Finance News | Leave a comment

EDITORIAL: Payday lending

(Source: By Northeast Mississippi Daily Journal, Tupelo) – The Mississippi House’s passage on Tuesday of a bill that would slightly alter the interest limits charged by payday lenders in Mississippi was not what opponents of reauthorizing legislation sought, nor was [...]


Posted in Personal Finance News | Leave a comment

Payday lender bill extends time to repay

(Source: By Bobby Harrison, Northeast Mississippi Daily Journal, Tupelo) – People who borrow money from payday lenders would have 30 days instead of 14 to pay off their loans under legislation that passed the House Banking and Financial Services Committee [...]


Posted in Personal Finance News | Leave a comment

Payday lenders bailing out in wake of initiative victory

(Source: By Ed Kemmick, Billings Gazette, Mont.) – A voter-passed cap on interest rates that can be charged by payday and car title lenders doesn’t take effect until Jan. 1, but many of the lenders have already gone out of [...]


Posted in Personal Finance News | Leave a comment

Lawmakers eye payday and car title lenders

(Source: By Kimball Payne, Daily Press) Newport News, Va. – Peninsula lawmakers continue to push for tougher rules to keep payday and car title lenders from charging sky high interest rates on short term loans, even with the industry in [...]


Posted in Personal Finance News | Leave a comment

Payday lending likely hot topic for 2011 Legislature

(Source: Northeast Mississippi Daily Journal) – If you’ve ever borrowed money, you know to shop around for a reasonable interest rate. Today, with good credit, you can find a home mortgage for 4-5 percent annual interest. But if you’re in [...]


Posted in Personal Finance News | Leave a comment

How Do I Get Out From Under Payday Loan Debt?

Payday loan debts are just like any other debt. But these loans are the riskiest of all. People who qualify and take out a payday loan must be gainfully employed in order to do so. While the fees on this [...]


Posted in Personal Finance News | 1 Comment

Useful Information

Mortgage Calculators, Auto Loan Calculators, Personal Finance Calculators, Student Loan Calculators, Loan Modification, Loan Articles, Loan News