Finance

Interest rates lawsuit for Capital One

Capital One is in trouble because they have yet again raised credit interest rates without informing customers. A class action lawsuit accusing Capital One of violating the Truth in Lending Act by raising credit card interest rates without warning was dismissed by a federal judge earlier. The 9th Circuit thought the lawsuit should be reinstated ...

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The surprise audit – something paydayloans business must do

Those within the anti-payday loan camp have said much about how they think the long product is explicative. This diatribe will never end, regardless of the facts. However, here's something that the best pay day loan business organizations do that not only reflects top quality customer service, it helps ensure that employees are doing their ...

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Consumers wallets hit by quick money loans debit card amendment

Dana Perino, previous White House Press Secretary and current Fox News commentator, warns consumers that there's trouble brewing in Congress. This trouble could make debit card purchases substantially a lot more expensive. It will really affect nearly all consumer purchases and debit card interchange fees can be the cause, claims Perino. Debit card interchange fees mean ...

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Audits for the IRS aim at independent contractors

The IRS announced last month that over the next three years it plans to conduct 6,000 random audits of all companies that utilize independent contractors. The motivation seems clear considering the fact that more than half of the states are borrowing cash from the federal government to help pay unemployment claims since there are record ...

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Financial System Crisis: Payday Loan Evolution

Pay day loans must be examined to counter the current conventional institutional lending practices globally. The Obama administration, Federal Reserve and Senate announced February 9, 2009 the crisis of their attempts to quell the deepening economic waters within the U.S. further leading to heightened borrowing in the payday loan sector. Simply how much debt is the U.S. ...

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