Finance
Cash advance lenders don’t make huge gains
The way payday advance and loan lenders are talked about, people may think they sit atop piles of cash. The typical short term personal loan lender isn't like that at all. In fact, the typical cash advance lender does not make a lot from loans. The margins for profit are actually fairly slim. Lenders also ...
Boehner powers Bush tax cuts buzz with hint of G.O.P. agreement
The Bush tax cuts sat near the top of the agenda as Congress returned from a five-week vacation Monday. There is the expectation that Congress will not do anything. This is because lawmakers will be more focused on campaigning for mid-term elections in about four weeks. Democrats propose repealing the Bush tax cuts for ...
Mortgage loan officers subject to new lending regulations
In New York state, and soon in numerous other states, officers that offer unsecured loan products such as mortgages are now subject to new regulations. These regulations are intended to help customers in need of large or small loans protect themselves from unscrupulous agents. In 2008, the federal government passed regulations comparable to New York's ...
Gates and Buffett urge billionaires to give away half their money
Billionaires giving money away isn't really so unusual. When Bill Gates and Warren Buffet give away money, it’s old new. But when billionaires Gates and Buffett call out their fellow billionaires to pledge 50 percent of their fortunes to charity, people notice. The billionaire philanthropists announced a campaign Wednesday to persuade America's billionaires to sign ...
Short Term Bridge Loans offered to Florida companies
In Florida, companies that have been affected by the oil spill can now qualify for a range of quick unsecured loans. The loans are a part of Florida's emergency relief program. The Small company Administration is also offering installment loans that business owners can take out, though they are not no-interest loans.
How companies can qualify ...
