September, 2010

Considerable report covers ten years of payday financing statistics

Politicians have been batting around the issue of payday lending. In the United Kingdom, the number of pay day loans taken out in 4 years has quadrupled. In states as diverse as Montana, Arizona, and Ohio, new legislation that limits payday lending has been passed. Payday loan interest would be capped at 36 percent or ...

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Bigamy examination mars new series Sister Wives

Having 27 wives was a grand gesture on the part of Nigerian artist Fela Kuti, but when reality set in, he came to understand the meaning of "much too much". Later he switched to a 12-woman rotation, however the need for cash was still tremendous. Such large-scale polygamy is difficult for anybody to aspire to. ...

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Government mortgage mods half as likely as financial institution loan refinancing to end in default

A government loan modification program will probably be less successful than a financial institution loan refinancing is. Troubled homeowners, under certain conditions, could apply through a government-run program for mortgage modification. Ultimately, it has yet to be a real home run. However, that doesn't mean all opportunities are gone. Banking institutions will offer customers a ...

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Government money advances has not really assisted joblessness

The recession is intended to be over, but a lot of individuals are nevertheless out of work. The idea was that if the government doled out a huge cash advance, the unemployment level would decrease. It didn't work. Unemployment has really gotten worse overall. There were27 states that had joblessness rates rise in the month ...

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Superbug from India arrives in United States on vacation

Illinois, California, and Massachusetts have shown cases of the superbug NDM-1. This is a superbug a British medical journal had brought up last month and has entered the United States of America now. All patients reported to have previously traveled out of the country to India where many assume the bug came from. NDM-1 ...

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