June, 2010

FDIC payday loan alternative program helps banks try to compete

The Federal Deposit Insurance Corporation (FDIC) most recently concluded a pilot program to get banks to compete with payday loan companies. The FDIC issued a report June 24 about the final results of the small dollar loan pilot program launched in 2008. The program was deemed a success. Within the two years of the program, ...

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Lunar eclipse of 2010 just in time for Twilight Eclipse premiere

The first lunar eclipse of 2010 happens Saturday, June 26. Before viewing the first lunar eclipse of 2010, millions of tweens will be in movie theaters taking in the "Eclipse" premiere, the latest installment of "The Twilight Saga," which promoters have chosen to release on the same date. Saturday's lunar eclipse will be a partial ...

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USA Today payday loan alternatives article is misleading

Opponents of payday lending tend to argue that there are cheaper payday loans alternatives available. While this does apply to those people who have the credit to have choices, those consumers with average to less-than-average credit may discover money lender to be more accessible. USA Today's recent piece on pay day loans alternatives is an ...

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Connecticut reporter Desiree Fontaine charged with shoplifting

In Connecticut, morning traffic and style reporter Desiree Fontaine was arrested for suspected theft. Police detained and later released Desiree Fontaine on the accusation of a Sears store. What was Desiree Fontaine charged with? Shoplifting $ 104.98 worth of perfume. What are the punishments for sixth degree larceny in Connecticut? Shoplifting charges against Desiree Fontaine Police ...

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Don’t fall for credit card debt relief scams, just do it yourself

Debt reduction scams and debt relief scams have been spreading like mildew for some time now during this painful and prolonged economic downturn. Credit card debt is a major problem as the horrible economy has put millions in financial distress. People drowning in debt are easy targets for unscrupulous debt reduction services promising relief from ...

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