Cash Advance News Dec 2007

1 2 3 Next

Camden covers Sheriff's Office
WOODBINE - After weeks of speculation whether they would be paid on the last payday of the month, deputies, jailers and other Camden County Sheriff's Office employees got good news Friday. (Sat, 01 Dec 2007 04:53:41 GMT)

Collection agencies under state scope
Brian Wood of Pensacola was bewildered when his company's human resources office called him at his desk one afternoon to tell him a federal agent had called, threatening to arrest him over an outstanding $300 loan. (Sat, 01 Dec 2007 04:59:17 GMT)

Items contributed must be received at least two days in advance at...
Items contributed must be received at least two days in advance at Calendar Desk, The Miami Herald, 1 Herald Plaza, Fifth Floor Newsroom, Miami, FL 33132-1693. Or e-mail your items to newscalendar@MiamiHerald.com . No faxes, please. To search for events throughout South Florida, click on Calendar on the left side of the screen at www.MiamiHerald.com . (Sat, 01 Dec 2007 08:15:08 GMT)

'Alaskan' cash scam circulating
The writer claims to be a property adviser for wealthy Alaskan industrialist Morris Thompson who died in a plane crash there in 2000, who wants to share his vast fortune with the recipient of the letter. (Sat, 01 Dec 2007 08:56:30 GMT)

Attorney General Marc Dann to hold payday-lending hearings
Ohio Attorney General Marc Dann will hold the first of three public hearings about payday lending on Thursday in Cleveland. It's the first time the attorney general's office has used its authority to hold public hearings to investigate a consumer topic, a spokeswoman said. (Sat, 01 Dec 2007 09:59:45 GMT)

Petitions now tool in payday loan fight
At a recent legislative breakfast, the audience of social-service advocates wanted to know what each lawmaker planned to do for Arizona families. (Sun, 02 Dec 2007 07:09:55 GMT)

b0298 BC-APN-SkiSwaps 12-02 0704
Eds: This item moved previously as an advance and is now available for use. (Sun, 02 Dec 2007 07:21:00 GMT)

More gay men describe sexual encounters with U.S. Sen. Craig
David Phillips. Mike Jones. Greg Ruth. Tom Russell. Four gay men, willing to put their names in print and whose allegations can't be disproved, have come forward since news of U.S. Sen. Larry Craig's guilty plea. They say they had sex with Craig or that he made a sexual advance or that he paid them unusual attention. | GO... (Sun, 02 Dec 2007 07:50:35 GMT)

Achieving a dream
The promise on its optimistic marquee rang hollow as the years passed. The Glen Theater would be "opening soon" forevermore, many began to say. Nearby, along Broadway, cash-advance joints, liquor stores and tattoo parlors have thrived. (Sun, 02 Dec 2007 10:01:02 GMT)

Cutting the Cost of Doing Business
(ARA) - Small business will always be the backbone of the American economy, but some small business owners may feel left out when it comes to technology. It may seem that each new technological advance really only benefits big companies. (Sun, 02 Dec 2007 14:08:02 GMT)

GOING HOG WILD
Knowing its buyers love add-ons, Harley beefs up factory options Harley owners are driven to customize their bikes. It may start with a simple set of handgrips and advance to a wheels-up makeover. (Sun, 02 Dec 2007 14:31:49 GMT)

Aussie dollar dips vs firmer USD, bonds advance
SYDNEY, Dec 3 (Reuters) - The Australian dollar eased on Monday as the U.S. dollar gained across the board on expectations that the Federal Reserve would cut interest rates to stave off a recession in the world's largest economy. (Sun, 02 Dec 2007 23:03:35 GMT)

Guard says killed boss insulted him
OFFICE guard Ariosto Justiniani, who shot his manager Monday, claimed he was not only of P500 for cash advance but also insulted him -- the reasons that pushed him to kill his own boss. (Mon, 03 Dec 2007 02:24:54 GMT)

Pressure Mounts on Va. Payday Lenders
RICHMOND -- In the five years since payday lenders opened their doors in Virginia, nearly 800 stores have sprouted in all corners of the state. That's more than all the Starbucks coffee shops, even more than all the McDonald's restaurants. (Mon, 03 Dec 2007 03:35:53 GMT)

Economy still unsteady despite last week's rally
Last week's was the best weekly point gain (nearly 391) for the Dow in more than four years. The advance was driven by hints of a rate cut from Federal Reserve officials and news that Citigroup Inc., Freddie Mac and E*Trade Financial Corp. were able to raise cash to offset some of their debt. (Mon, 03 Dec 2007 04:21:56 GMT)

Laid-off worker finds out bonus was a 'loan'
Q: Earlier this year, my husband left one drilling company for another because (1) the new employer offered him higher pay and (2) its owner gave him a $1,000 signing bonus in cash. A couple of months later, he was laid off. He was told he would receive his last paycheck in the mail, but the check he received was filled out for zero dollars. ... (Mon, 03 Dec 2007 05:12:52 GMT)

Fiesta bound
The ninth-ranked Mountaineers (11-2) secured a BCS bowl slot by winning the Big East Conference title. But it only needed to beat lowly Pittsburgh Saturday night to advance to the BCS championship game.Like just about every other team that was in that position, West Virginia’s hopes were dashed in stunning fashion. The heavily favored Mountaineers fell 13-9 to the Panthers.The third-ranked ... (Mon, 03 Dec 2007 05:25:45 GMT)

European Stock Futures Are Little Changed; Shell May Advance
Dec. 3 (Bloomberg) -- European stock-index futures were little changed. Royal Dutch Shell Plc and Rio Tinto Group may rise as oil climbed in New York and copper rose in Asia. (Mon, 03 Dec 2007 07:49:56 GMT)

European Stocks Rise; Vivendi, WPP Group, Akzo Nobel Advance
Dec. 3 (Bloomberg) -- European stocks gained for a fourth day, led by media companies, after Vivendi SA agreed to buy Activision Inc. to create the world's largest maker of video games and WPP Group Plc won a contract from Dell Inc. (Mon, 03 Dec 2007 09:19:52 GMT)

Beating the couple cash clash
Ever wondered why he's more interested in how much you spent on that new lingerie than actually seeing you in it? Even if you're both dedicated savers on your way to making your first million together, there will be times when you find your different attitudes to cash will cause a few hiccups. (Mon, 03 Dec 2007 09:24:56 GMT)

European Mining Stocks, Rio Fall; Vivendi, WPP Group Advance
Dec. 3 (Bloomberg) -- European mining stocks dropped, following the biggest weekly gain in two months, as copper prices retreated. Rio Tinto Group and Anglo American Plc paced the decline. (Mon, 03 Dec 2007 10:19:42 GMT)

How To Handle a Cash Crunch
(ARA) - In the world of living paycheck to paycheck, unforeseen expenses create a very stressful situation. Whether the car breaks down, the water heater blows a leak or your dog needs emergency surgery from eating the hallway rug, finding a way to get out of the red gets harder every day. (Mon, 03 Dec 2007 10:52:51 GMT)

European Mining Stocks, Rio Fall; Vivendi, WPP Group Advance
Dec. 3 (Bloomberg) -- European mining stocks declined, following the biggest weekly gain in two months, as copper prices retreated. Rio Tinto Group and Anglo American Plc dropped. (Mon, 03 Dec 2007 12:41:27 GMT)

Watch for pitfalls with payday loans
FREMONT --The holidays were approaching and, as a single mother, Ann Hanko was desperate to give her young child a nice holiday. However, her finances were far from adequate. So, relying on the advice of her mother, she went to a payday lender to borrow $200 to get her through the season. (Mon, 03 Dec 2007 17:17:10 GMT)

Payday loan option may come to state
There’s a new option on the horizon for members of credit unions who find themselves with too much month left at the end of their paychecks. (Mon, 03 Dec 2007 21:50:24 GMT)

Cash loan stores too close for comfort
CUYAHOGA FALLS -- Ten years ago, Summit County had three. Today, the county has 65, and seven of those are in Cuyahoga Falls. (Tue, 04 Dec 2007 02:41:03 GMT)

10 Critical Cash Flow Rules
Protect your business from a common cause of failure by following these cash management tips. (Tue, 04 Dec 2007 03:34:10 GMT)

Recycle Your iPod or Game Console and Get Cash -- BuyMyTronics.com
The website www.BuyMyBrokeniPod.com that buys consumers' iPods for quick, easy cash has increased the types of products it purchases and revamped its website. The new website, BuyMyTronics.com, now buys your used, broken or otherwise unwanted iPods, iPhones, Zunes and game consoles of all types, in any condition, for top dollar. BuyMyTronics.com is green-minded, recycling your electronics ... (Tue, 04 Dec 2007 08:26:17 GMT)

Program helps low-income S.F. residents start bank accounts
For three decades, Virginia Johnson - who is 71 years old and lives on a fixed income - spent nearly $200 a month to have her Social Security checks cashed and money orders prepared to pay bills for herself and her disabled grandson. Johnson relied on check-... (Tue, 04 Dec 2007 08:36:14 GMT)

Less cash for more chips
Consumers gorge on silicon Sales of PCs and other silicon-heavy goodies helped chip sales climb in October, but vendors are seeing less revenue per part due to continuing price attrition.… (Tue, 04 Dec 2007 11:50:12 GMT)

Bondholders reach recapitalization deal with Cosmos Bank
Cosmos Bank Taiwan (萬泰銀行), which launched the nation's first cash-advance cards eight years ago, said yesterday that its bondholders had signed agreements for its recapitalization plan. (Tue, 04 Dec 2007 17:27:18 GMT)

Schreiber tells committee Mulroney cash wasn't Airbus kickback
OTTAWA - Karlheinz Schreiber says he reached a deal with Brian Mulroney in 1993 for the then-prime minister to work for him as a lobbyist after leaving office. (Tue, 04 Dec 2007 18:13:00 GMT)

FBI nabs pair wanted in Montana at Steelers game
PITTSBURGH — A couple wanted on bank fraud charges for a credit-card and cash-advance scheme that began in Montana have been arrested here. The FBI arrested Kevin Dixon and Patience Isaacs on Sunday as they were heading to their seats for a Pittsburgh Steelers game at Heinz Field. (Tue, 04 Dec 2007 18:59:41 GMT)

Mulroney cash wasn't Airbus kickback, Schreiber tells Commons committee
OTTAWA - Brian Mulroney was a liar, but he never took a kickback for the Airbus affair, says Karlheinz Schreiber. (Tue, 04 Dec 2007 19:15:00 GMT)

FBI nabs pair wanted on bank fraud charges
A couple wanted on bank fraud charges for a credit-card and cash-advance scheme that began in Montana have been arrested here. The FBI arrested Kevin Dixon and Patience Isaacs on Sunday as they were heading to their seats for a Pittsburgh Steelers game at Heinz Field. The agency had been tipped the day before that Dixon and Isaacs would be at the game, and what seats they had, FBI Special Agent ... (Tue, 04 Dec 2007 20:16:53 GMT)

2 Wanted In Minn. Fraud Nabbed At Steelers Game
A couple wanted on bank fraud charges for a credit-card and cash-advance scheme that began in Montana have been arrested here. (Tue, 04 Dec 2007 20:57:59 GMT)

FBI nabs pair wanted in Montana at Steelers game
PITTSBURGH -- A couple wanted on bank fraud charges for a credit-card and cash-advance scheme that began in Montana have been arrested here. The FBI arrested Kevin Dixon and Patience Isaacs on Sunday as they were heading to their sea (Tue, 04 Dec 2007 21:10:12 GMT)

Holiday Loans Can Help
ODESSA - Holiday shopping can send many into debt. But there is an unlikely option to get some extra cash when you need it. And as long as you plan for it, a loan can be a good thing. (Wed, 05 Dec 2007 04:35:02 GMT)

Cash Plus boss jailed in 1990s for racketeering, mail fraud in US
Cash Plus boss Carlos Hill was convicted of racketeering, mail fraud and of making a false statement in the US in the 1990s and was sentenced to near 30 years in prison, court documents obtained by the Observer have shown. (Wed, 05 Dec 2007 05:33:01 GMT)

Southern bids to break 2-game losing streak
SLUMBERLAND SLUMBERLAND, Immediate opening for, warehouse/delivery and cashier data, processor. Must be able to pass drug test. Cont ... >MORE CASHIER Neosho Title/Payday Loan Office. Experience in collections, customer lending, rent-to-own field a plus. Must have good c ... (Wed, 05 Dec 2007 05:54:32 GMT)

FBI nabs pair at Steelers game wanted in Montana
PITTSBURGH (AP) — A couple wanted on bank fraud charges for a credit-card and cash-advance scheme that began in Montana have been arrested here. The FBI arrested Kevin Dixon and Patience Isaacs on Sunday as they were heading to their seats for a Pittsburgh Steelers game at Heinz Field. (Wed, 05 Dec 2007 07:55:16 GMT)

FBI arrests Ky. woman at NFL game
A Kentucky woman wanted on bank fraud charges for a credit-card and cash-advance scheme has been arrested along with a man. The FBI arrested Patience Isaacs, 21, of McKee, and Kevin Dixon on Sunday as they were heading to their seats for a Pittsburgh Steelers game at Heinz Field. The agency had been tipped off the day before that Dixon and Isaacs would be at the game, and what seats they had, ... (Wed, 05 Dec 2007 08:17:23 GMT)

U.K. Stocks Gain; BHP, Rio Tinto, Xstrata, Anglo Lead Advance
Dec. 5 (Bloomberg) -- U.K. stocks rose for the first time in three days, led by BHP Billiton Ltd., the world's largest mining company, and Xstrata Plc. (Wed, 05 Dec 2007 09:53:34 GMT)

U.K. Stocks Climb; Shell, BP Lead the Advance on Oil Price Gain
Dec. 5 (Bloomberg) -- U.K. stocks advanced for the first time in three days. Royal Dutch Shell Plc, the world's second largest oil company, and BP Plc led gains as the price of crude rose. (Wed, 05 Dec 2007 13:38:38 GMT)

Pearlstein: Credit Crisis
Washington Post business columnist Steven Pearlstein discusses the meltdown in the credit markets, which he says has not happened yet. (Wed, 05 Dec 2007 20:52:29 GMT)

Builders Sacyr, ACS May Advance 26% on Spanish Energy (Update1)
Dec. 5 (Bloomberg) -- Spanish construction companies may escape the worst housing crunch in 15 years after turning themselves into cheap energy stocks. (Thu, 06 Dec 2007 00:34:42 GMT)

Webb, Lions deck Bacone
In a 24-second span early in the first half, Missouri Southern’s defense set the tone. (Thu, 06 Dec 2007 05:54:32 GMT)

JHS, Har-Ber tip off tourney
CASHIER Neosho Title/Payday Loan Office. Experience in collections, customer lending, rent-to-own field a plus. Must have good c ... >MORE Residential, remodeling subcontractors wanted All skills. (417)592-0860 ... (Thu, 06 Dec 2007 06:09:53 GMT)

Cash flow still shaky in Nitro
Although Nitro’s financial situation is improving, the city is still facing short-term cash problems. (Thu, 06 Dec 2007 06:11:48 GMT)

Falls council might toughen payday lender restrictions
CUYAHOGA FALLS: The Cuyahoga Falls City Council is expected to vote Dec. 10 on legislation that will effectively prohibit new payday lenders from setting up shop in the city. (Thu, 06 Dec 2007 06:36:20 GMT)

German Stocks Advance, Paced by Infineon, BASF; Adidas Declines
Dec. 6 (Bloomberg) -- Germany's benchmark DAX Index rose for a second day, led by Infineon Technologies AG. BASF AG and Bayer AG also advanced. The DAX increased 25.36, or 0.3 percent, to 7,970.13 at 10:28 a.m. in Frankfurt. (Thu, 06 Dec 2007 09:56:36 GMT)

Wranglers hold on to defeat Red Oak 41-34
Red Oak gave itself every opportunity to advance to next week’s regional final, but for every answer the Hawks had, West Mesquite had one of its own. (Thu, 06 Dec 2007 17:25:46 GMT)

Global Swift Funding Adds Top Talent to Executive Staff
Global Swift Funding, a key player in the Merchant Cash Advance industry, has announced the appointment of two top executives. (Thu, 06 Dec 2007 18:08:00 GMT)

Texas A.G. Warns Against Paying Up Front to Borrow Holiday Cash
With the holiday season in full swing, many Texans might encounter advertisements promising instant cash loans. Consumers should avoid loan offers that require up-front payments for “taxes” or “processing fees.” Legitimate lenders never ask borrowers to pay money up-front in order to obtain a loan. (Thu, 06 Dec 2007 18:40:31 GMT)

Consumer Alert: Don't Pay Up-Front To Borrow Holiday Cash
In these schemes, borrowers are instructed to wire several hundred dollars in advance to cover the loans' taxes or processing charges. (Thu, 06 Dec 2007 19:20:05 GMT)

Biggest India Bull Duggal May Ask Holders to Cash Out (Update1)
Dec. 6 (Bloomberg) -- India's biggest bull is on the verge of becoming its biggest bear. Sanjiv Duggal, who manages the world's largest holding of Indian equities, may even urge his clients to cash out. (Thu, 06 Dec 2007 20:35:31 GMT)

First statewide payday loan hearing was today in Cleveland
While state legislators consider laws to further regulate Ohio's payday lenders, Ohio's Attorney General is holding hearings to find out more about the controversial industry. The first of three statewide hearings was held today in Cleveland. WKSU's Kevin Niedermier reports. (Thu, 06 Dec 2007 21:37:03 GMT)

Around the Markets: India bull turns bearish
The biggest bull in India is on the verge of becoming its biggest bear. Sanjiv Duggal, who manages the largest holding of Indian equities in the world, may even urge his clients to cash out. (Thu, 06 Dec 2007 23:07:19 GMT)

Payday loan store in Cedar Rapids robbed
A payday loan store was robbed in southwest Cedar Rapids on Thursday afternoon, police confirmed.Not much information was available from police on the robbery at Advance America, 3135 Wiley Blvd. SW. It occurred around 2 p.m., and no weapon was involved. No one was injured.The store remained open for the rest of the business day. The Iowa City branch of Advance America was robbed in July. (Fri, 07 Dec 2007 02:00:15 GMT)

Asian Bourses Advance, Propped Up By Wall Street Gains - Asian Commentary
(RTTNews) - Friday, stock markets across the Asia Pacific region were trading in the green, propped up by the strong overnight gains on Wall Street. (Fri, 07 Dec 2007 03:26:48 GMT)

Court Hears Payday Lender Bond Case
LITTLE ROCK -- Customers who won a $191,000 judgment against a Russellville payday lender should be allowed to file a claim against the company's surety bond, lawyers for the plaintiffs argued Thursday before the state Supreme Court. (Fri, 07 Dec 2007 08:27:32 GMT)

Court hears payday lender bond case
By Rob Moritz Arkansas News Bureau LITTLE ROCK - Customers who won a $191,000 judgment against a Russellville payday lender should be allowed to file a claim against the company's surety bond, lawyers for the plaintiffs argued Thursday before the state Supreme Court. (Fri, 07 Dec 2007 08:57:10 GMT)

Payday lenders under scrutiny in public hearing
It wasn't hard to tell payday lending employees from the rest of the crowd at Thursday's public hearing on payday loans: They were the ones wearing bright green stickers that said, "I choose payday advance." (Fri, 07 Dec 2007 09:40:20 GMT)

U.K. Stocks Advance; Taylor Wimpey, Berkeley, Royal Bank Gain
Dec. 7 (Bloomberg) -- U.K. stocks rose, led by homebuilders Taylor Wimpey Plc and its biggest competitors, Persimmon Plc and Barratt Developments Plc. Berkeley Group Holdings Plc climbed after reporting a gain in profit. (Fri, 07 Dec 2007 09:53:34 GMT)

(AFX UK Focus) 2007-12-07 12:24 GMT: German shares up on Wall Street gains yesterday, Goldman note limits advance
FRANKFURT (Thomson Financial) - German shares were higher in midday trade, buoyed by a strong rally on Wall Street last night after President George W. Bush and US Treasury Secretary Hank Paulson unveiled plans on how to help struggling homeowners keep their homes. (Fri, 07 Dec 2007 12:51:14 GMT)

Deutsche Telekom Shares Advance on Dividend Increase (Update2)
Dec. 7 (Bloomberg) -- Deutsche Telekom AG, Europe's largest telephone company, rose in German trading after the former monopoly unexpectedly said it will increase its dividend for the first time in two years. (Fri, 07 Dec 2007 13:19:43 GMT)

Bond case goes before high court
The bond posted by a payday lender should be subject to forfeiture if the business is found guilty of violating the state constitution’s interest limit, an attorney contended at the state Supreme Court on Thursday. (Arkansas Democrat-Gazette Northwest Edition) (Fri, 07 Dec 2007 13:48:20 GMT)

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
Esprit Financial Group Inc. DBA Good Life China www.goodlifechina.com announced that it will be launching a new brand within its PayDay Loan Division; www.MoneyLendingbusiness.com. (Fri, 07 Dec 2007 19:30:00 GMT)

Esprit Financial Group Inc. (Esprit) (EFGO.PK) Launches New Brand Within PayDay Loan Division
LAS VEGAS, Dec. 7 /PRNewswire-FirstCall/ -- Esprit Financial Group Inc. ( Nachrichten ) DBA Good Life China (EFGO.PK) http://www.goodlifechina.com/ announced that it will be launching a new brand within its PayDay Loan Division; http://www.moneylendingbusiness.com/ . (Fri, 07 Dec 2007 19:35:44 GMT)

Re, bonds advance simultaneously
The rupee gained for the second week on speculation overseas funds will increase holdings of equities after the benchmark stock index climbed above 20,000 for only the seventh time in its history. (Fri, 07 Dec 2007 21:42:05 GMT)

Researcher Critiques Payday Lending Ban
A ban on payday loans may be leading to greater financial burdens for low-income residents of two Southern states, according to a researcher at the Federal Reserve Bank of New York. (Fri, 07 Dec 2007 22:31:45 GMT)

Popular business directory searches
Looking for a new job? Why not start a CAREER with Advance Food Company! •Safety Coordinator Provides leadership and support to ensure a safe work environment for our willow production fac ... (Sat, 08 Dec 2007 05:17:45 GMT)

Payday loan ban creates burdens in N.C., study says
A ban on payday loans may be leading to greater financial burdens for low-income residents of two Southern states, according to a researcher at the Federal Reserve Bank of New York. The study concluded that "compared with households in all other states, households in Georgia have bounced more checks, complained more to the Federal Trade Commission about lenders and debt collectors, and filed for ... (Sat, 08 Dec 2007 05:43:08 GMT)

Credit unions drop payday loan lobbyist
Virginia's credit unions are dropping the influential lawyer-lobbyist they share with payday lenders, citing "negative media coverage" of high-cost instant loans. (Sat, 08 Dec 2007 06:47:59 GMT)

Payday-loan bans backfire
Maybe "payday loans" aren't so bad after all, according to a new staff report by the Federal Reserve Bank of New York. (Sat, 08 Dec 2007 07:50:16 GMT)

Payday loan ban called 2-state onus
A ban on payday loans may be leading to greater financial burdens for low-income residents of North Carolina and Georgia, according to a researcher at the Federal Reserve Bank of New York. (Sat, 08 Dec 2007 08:47:22 GMT)

Coming events
CASH FLOW: WHAT IS IT? HOW DOES IT WORK? workshop on how to plan, manage and control the cash your business needs, 9 a.m.-12 p.m., Hawaii Women's Business Center, 1041 Nu'uanu Ave., Suite A; fee: HWBC members $31.50, nonmembers $35 in advance. Preregistration: 526-1001. (Sat, 08 Dec 2007 12:32:48 GMT)

BHP may need to add cash to Rio offer
BHP Billiton Ltd may have to top up its record-breaking $272 billion all-scrip bid for Rio Tinto Ltd with cash, after its initial overtures were rejected. (Sat, 08 Dec 2007 12:51:21 GMT)

U.S. Stocks Rise for 2nd Week on Bush Plan to Avert Recession
Dec. 8 (Bloomberg) -- U.S. stocks posted their steepest two- week advance since September after President George W. Bush announced a plan to freeze some mortgage rates to prevent foreclosures from causing a recession. (Sat, 08 Dec 2007 14:27:39 GMT)

Popular business directory searches
Bank Teller Part-time M, T, Th, F 1:00-6:00, Sat. 8:00-12:00. Requirements: Good math skills, teamwork skills, cash handli ... >MORE Our Business is GROWING! (Sun, 09 Dec 2007 04:48:00 GMT)

b0470 BC-APN-HollywoodEast 12-09 1123
Eds: This item moved previously as an advance and is now available for use. (Sun, 09 Dec 2007 06:21:50 GMT)

Asia Day Ahead: U.S. Stocks Advance; China May Favor Loan Curbs
Dec. 10 (Bloomberg) -- U.S. stocks posted their biggest two-week gain since September after President George W. Bush announced a plan to freeze some mortgage rates to prevent foreclosures. (Sun, 09 Dec 2007 21:54:44 GMT)

Gary Rosen: How Eerie Are the Parallels Between the Behavior of the AMPTP and the Behavior of the Bush Administration?
When the CEOs of the AMPTP dub their cash and power grab a New Economic Partnership, doesn't it sound like "Operation Enduring Freedom" or the "Clear Skies Initiative"? (Mon, 10 Dec 2007 02:06:46 GMT)

Finding the Money to Move Out and Up
When making a career change, money concerns may be a lot simpler than most would think. (Mon, 10 Dec 2007 04:07:44 GMT)

Japan's Nikkei Falls on U.S. Employment Report; Banks Advance
Dec. 10 (Bloomberg) -- Japan's Nikkei 225 Stock Average fell for the first time in four days after a U.S. jobs report raised speculation that Federal Reserve policy makers will cut interest rates less than expected, mitigating a boost to the world's largest economy. (Mon, 10 Dec 2007 04:24:40 GMT)

Banks aim to lure clients from check cashers, payday lenders
After years of watching check-cashing stores and payday lenders steal potential customers, banks and credit unions are beginning to offer the same services and products, but in more affordable and responsible ways. The movement comes as federal bank regulators focus their attention on the estimated 73 million Americans who are underserved by the nation's banking industry. The hope is that ... (Mon, 10 Dec 2007 05:09:00 GMT)

Tom Sutton: Are your kids getting a good economics education?
EVER WONDER if your children are learning about financial concepts in school? With the increase in foreclosures, lack of individual savings, and the importance of credit scores, students need to be learning about banking, credit, mortgages, insurance, taxes, loans, credit cards, investing, pay day lending (cash advance), predatory lending, scams, etc. (Mon, 10 Dec 2007 05:14:09 GMT)

Time to rein in 21st century loan sharks
While it would be easy to think payday lending is some new phenomenon, nothing could be further from the truth. Payday lending is the modern form of usury. Usury and its regulation have been the subject of civil and religious debate for literally thousands of years. (Mon, 10 Dec 2007 06:30:50 GMT)

Japanese Stocks Fall on U.S. Employment Report; Banks Advance
Dec. 10 (Bloomberg) -- Japanese stocks fell for the first time in four days after a U.S. jobs report raised speculation that Federal Reserve policy makers will cut interest rates less than expected, mitigating a boost to the world's largest economy. (Mon, 10 Dec 2007 06:39:30 GMT)

Rivals for payday lenders
WASHINGTON – After years of watching check-cashing stores and payday lenders steal potential customers, banks and credit unions are beginning to offer the same services and products, but in more affordable and responsible ways. (Mon, 10 Dec 2007 08:03:43 GMT)

Top 10 Critical Cash-Flow Rules
Protect your business from a common cause of failure by following these cash management tips. (Mon, 10 Dec 2007 13:34:09 GMT)

Gold regains strength in advance of Fed decision
Some investors cautiously noted that data showing steady U.S. job growth cooled expectations of a large cut in key interest rates (Mon, 10 Dec 2007 13:39:32 GMT)

UPDATE: MGI Pharma Shares Advance Strongly After Buyout Bid
NEW YORK (Dow Jones) -- Shares of MGI Pharma advanced strongly in Monday's premarket trading after the biotechnology company agreed to be acquired by Japanese healthcare company Eisai Co. for $3.9 billion. (Mon, 10 Dec 2007 14:11:41 GMT)

Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime writedown
Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. (Mon, 10 Dec 2007 14:43:50 GMT)

MGI Pharma shares advance strongly after buyout bid
MGI Pharma shares advance strongly after buyout bid (Mon, 10 Dec 2007 16:09:16 GMT)

Mises in Wartime
Like many others, Mises anticipated the outbreak of World War I years in advance. Unlike many others, he dreaded it. (Mon, 10 Dec 2007 16:39:21 GMT)

Arkansas Payday Lenders To Pay $1M for Loan Lawsuits
LITTLE ROCK (WHBQ FOX13 myfoxmemphis.com) – -- Fourteen businesses will close and pay $1 million to settle lawsuits that accused them of offering illegal payday loans disguised as instant cash rebates for Internet service, Arkansas Attorney General Dustin McDaniel said Monday. (Mon, 10 Dec 2007 18:27:54 GMT)

Wall Street extends advance
NEW YORK — Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials rose more than 100 points. (Mon, 10 Dec 2007 18:53:57 GMT)

Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime writedown
NEW YORK -- Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round... (Mon, 10 Dec 2007 20:32:35 GMT)

Asia Day Ahead: U.S. Stocks Advance; MBIA Gets Up to $1 Billion
Dec. 11 (Bloomberg) -- U.S. stocks rose after investors in Singapore and the Middle East agreed to buy $11.5 billion of UBS AG convertible bonds and home sales unexpectedly rose. (Mon, 10 Dec 2007 21:09:39 GMT)

Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime write-down
NEW YORK -- Wall Street advanced today as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime ... (Mon, 10 Dec 2007 21:37:40 GMT)

Stocks advance as investors hope for rate cut, shrug off subprime mess
NEW YORK — Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials gained more than 100 points. (Mon, 10 Dec 2007 23:51:03 GMT)

AG Reaches Settlement With Payday Lenders
LITTLE ROCK -- The state has settled lawsuits against nine businesses and individuals accused of offering illegal payday loans disguised as instant cash rebates for Internet service, Attorney General Dustin McDaniel announced Monday. (Tue, 11 Dec 2007 01:23:38 GMT)

Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime writedown
NEW YORK — Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials... (Tue, 11 Dec 2007 06:07:08 GMT)

Ground Breaking Payday Loan Provider Pushes Industry Boundaries
Cash Doctors, Australia's largest online payday loan provider has raised the bar for its industry. With recent system upgrades the company is providing urgent cash relief to thousands of Australians nationwide faster than any other provider. (Tue, 11 Dec 2007 07:01:00 GMT)

Wall Street continues advance; Dow up 100-plus
Potential interest rate cut, uptick in home sales spark market. Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials gained more than 100 points. (Tue, 11 Dec 2007 08:23:34 GMT)

Banks offer payday loan services
WASHINGTON — After years of watching check-cashing stores and payday lenders steal potential customers, banks and credit unions are beginning to offer the same services and products, but in more affordable and responsible ways. (Tue, 11 Dec 2007 09:53:50 GMT)

Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime writedown
NEW YORK (AP) — Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials gained more than 100 points. (Tue, 11 Dec 2007 11:53:19 GMT)

Island students vie in vocabulary contest
STATEN ISLAND ADVANCE -- You could look it up. (Tue, 11 Dec 2007 13:52:46 GMT)

AG Reaches Settlement With Payday Lenders
LITTLE ROCK — The state has settled lawsuits against nine businesses and individuals accused of offering illegal payday loans disguised as instant cash rebates for Internet service, Attorney General Dustin McDaniel announced Monday. (Tue, 11 Dec 2007 15:48:03 GMT)

AG reaches settlement with payday lenders
LITTLE ROCK - The state has settled lawsuits against nine businesses and individuals accused of offering illegal payday loans disguised as instant cash rebates for Internet service, Attorney General Dustin McDaniel announced Monday. (Tue, 11 Dec 2007 20:56:54 GMT)

NBC reimburses advertisers
NBC has reimbursed some advertisers who paid in advance for commercials aired during prime-time shows that didn't live up to ratings projections, the network said Tuesday. (Tue, 11 Dec 2007 22:34:33 GMT)

(AFX UK Focus) 2007-12-11 22:44 GMT: NBC pays advertisers for ratings loss
NEW YORK (AP) - NBC has reimbursed some advertisers who paid in advance for commercials aired during prime-time shows that didn't live up to ratings projections, the network said Tuesday. (Tue, 11 Dec 2007 23:06:10 GMT)

Bumi launches $455m bid for Herald
Indonesia's PT Bumi Resources Tbk has launched a $455 million takeover bid for zinc hopeful Herald Resources. The Indonesian coal miner is offering $2.25 cash for every Herald share. (Wed, 12 Dec 2007 00:25:26 GMT)

THE MARKET: Wall Street extends advance as investors hoping for rate cut shrug off UBS subprime writedown
NEW YORK (AP) - Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concerns about another round of subprime mortgage-related losses. The Dow Jones industrials rose more than 100 points. (Wed, 12 Dec 2007 02:00:40 GMT)

America Cash Advance robbed, employee duct taped
STREETSBORO -- Streetsboro Police responded to reports of a robbery at the America Cash Advance on State Route 14. (Wed, 12 Dec 2007 02:41:03 GMT)

Germany's DAX Index Rises; Deutsche Post, Bayer Lead Advance
Dec. 12 (Bloomberg) -- Germany's benchmark DAX Index advanced, led by Deutsche Post AG, Europe's biggest postal service, and Bayer AG. The DAX gained 66.70, or 0.8 percent, to 8,076.12, the biggest one-day gain in a week. (Wed, 12 Dec 2007 17:11:27 GMT)

Police looking for male suspect in area robbery
TORONTO — Police are looking for a male suspect today after a brazen daytime armed robbery at a local cash advance business Tuesday morning. (Wed, 12 Dec 2007 17:55:44 GMT)

Better Off
By Karen Shugart.Payday lenders weren't happy with a survey conducted for the N.C. Office of the Commissioner of Banks that found consumers were better off without the high-interest loan companies that the state kicked out last year. • Sixty-eight percent of former borrowers said the loan ban had no effect on their household. • About nine percent said the ban had hurt their household. • The ... (Wed, 12 Dec 2007 21:07:18 GMT)

Trailer park tenants offered cash to move
Getting paid to leave your home doesn't happen very often. But a plan to relocate more than 20 tenants of the aging Main Street Mobile Home and RV Park offers them thousands of dollars to do just that, in advance of the park's conversion into a nearly 390-unit multi-family housing development. (Wed, 12 Dec 2007 22:23:02 GMT)

Asian Stocks Rise in U.S. Trading; Mitsubishi UFJ, Banks Climb
Dec. 12 (Bloomberg) -- Asian stocks rose in U.S. trading after the Federal Reserve and four other central banks added cash to the banking system to bolster short-term financing. Mitsubishi UFJ Financial Group Inc. led the advance. (Wed, 12 Dec 2007 22:35:24 GMT)

Japan's Bonds May Decline on Speculation Equities Will Advance
Dec. 13 (Bloomberg) -- Japanese bonds may fall after the Federal Reserve and four other central banks added cash to the financial system to ease a credit squeeze, boosting stocks overseas and damping demand for government debt. (Wed, 12 Dec 2007 23:54:40 GMT)

Australian Oil Shares Advance on Higher Crude; Bradken Tumbles
Dec. 13 (Bloomberg) -- Australian oil-related shares climbed after crude jumped the most since January on speculation a decision by central banks to provide cash to financial institutions will spur economic growth. (Wed, 12 Dec 2007 23:59:02 GMT)

Japan's Bonds May Decline as Local Stocks to Advance (Correct)
(Corrects fourth paragraph to add missing word.) Dec. 13 (Bloomberg) -- Japanese bonds may fall after the Federal Reserve and four other central banks added cash to the financial system to ease a credit squeeze, boosting stocks overseas and damping demand for government debt. (Thu, 13 Dec 2007 00:09:30 GMT)

Japanese 10-Year Government Bonds Advance as Local Stocks Fall
Dec. 13 (Bloomberg) -- Japanese 10-year bonds rose for a second day after a slide in local equities increased demand for the security of government debt. (Thu, 13 Dec 2007 02:54:39 GMT)

Asian Stocks Fall for Second Day; Mitsubishi UFJ Leads Declines
Dec. 13 (Bloomberg) -- Asian stocks fell, led by Mitsubishi UFJ Financial Group Inc. on concern a plan by central banks to add cash into the global financial system may indicate credit- market conditions are worsening. (Thu, 13 Dec 2007 04:05:16 GMT)

Metro Briefing | New York: Manhattan: School Official Charged
An employee of the city’s Department of Education was charged on Wednesday with taking cash bribes from at least five school bus companies in exchange for giving them advance notice about city inspections and for granting them favorable bus routes. In a complaint filed in Federal District Court in Manhattan, the employee, Geoffrey Berger, a borough supervisor in charge of city school bus routes ... (Thu, 13 Dec 2007 06:12:16 GMT)

Consumer credit firms in Japan girding for tougher lending rules
Consumer lenders and credit card companies are stepping up preparations ahead of the implementation next Wednesday of tougher lending rules that require moneylenders to issue a statement after each cash advance and follow other compliance measures. (Thu, 13 Dec 2007 08:44:35 GMT)

Cash Advance Store Target Of Robbery
Police in Kettering are looking for a man who robbed a local check-cashing store. (Thu, 13 Dec 2007 12:27:08 GMT)

2 bills likely pink slips for state's payday lenders
A House committee isn't debating so much whether the payday lending industry needs more regulation -- but rather if it should be allowed to survive at all. (Thu, 13 Dec 2007 13:54:03 GMT)

THE TOUGH CUSTOMER- Predatory practices? Car title lender back-pedals
While many people have heard of payday lending, fewer are aware of its equally controversial cousin, the car-title loan. In November 2005, Estelle Williams, 57, wanted a little extra cash to buy Christmas presents. (Thu, 13 Dec 2007 16:25:05 GMT)

Three payday lending studies have different conclusions
Three new payday lending studies released in the past month spar over the effect of payday lending bans in states and whether proposed reforms of the industry help borrowers who get in over their heads. (Thu, 13 Dec 2007 18:27:36 GMT)

Group Calls for Tight Payday-Loan Rules
A consumer advocacy group called for tighter state-level restrictions on the payday-loan industry, arguing that a firm cap on interest rates is the only way to keep borrowers from spiraling into a cycle of debt. (Thu, 13 Dec 2007 20:38:46 GMT)

Jersey bands pay tribute to Johnny Cash Saturday
SAYREVILLE - The music of the "man in black" will be celebrated Saturday during a benefit concert at the Starland Ballroom, Jernee Mill Road. The Johnny Cash tribute, an all ages, seated show, will feature the central New Jersey-based Michael Patrick's Ring of Fire band and several other acts. (Fri, 14 Dec 2007 00:35:53 GMT)

Group targets payday lenders
The best way to end the payday lending trap for low-income borrowers is to enforce a interest rate cap of 36 percent, the Center for Responsible Lending said in a study released Thursday. (Fri, 14 Dec 2007 05:28:37 GMT)

Battle on payday lending scrutinized
One of the key reforms for the industry would be a reduction in interest from 390 to 36 percent. Three new payday lending studies released in the past month spar over two key questions Virginia legislators will face when they convene in January: What happens to borrowers if payday lending is banned, and do proposed reforms of the industry help borrowers who get in over their heads? (Fri, 14 Dec 2007 09:12:50 GMT)

1 2 3 Next