Finance

Keeping up with the Joneses now means getting debt relief

Everyone has heard the phrase "keeping up with the Joneses," and it means doing the things every person else is doing to keep status. Flat screen TVs, iPhones, riding lawnmowers and other things are bought instantly with people who have this instinct. The Federal Reserve has explained that more individuals are getting debt settlement relief ...

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Buy and Bail — Skipping out on guaranteed loans more common

It's called "Buy and Bail" -- getting a second mortgage-guaranteed loan to purchase a home before strategically defaulting on the first. Fannie Mae and Freddie Mac, two of the nation's largest lenders, have taken actions to quash the practice, but it is nevertheless very common. Buy and Bail is not illegal by itself, but numerous ...

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Sams Club to start offering online payday loans

Sam's Club, a division of Wal-Mart, will start offering online payday loans through Superior Financial Group LLC. The loans are for small business owners and entrepreneurs. Superior Financial Group is one of the leading Small company Administration payday loans direct lender, and it has partnered up with Sam's Club on a trial basis to expand ...

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Mortgage lending- Don’t get pregnant if you would like to buy a house

If you are starting a family and would like to buy a house to raise your kids in, there's something you need to know. Women who plan on staying home with their kids and are currently pregnant can't get a mortgage loan if they tried. Mortgage lenders are too scared that they won't get their ...

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California state employees offered low cost loan opportunities

Because California has not yet passed a fiscal-year spending budget, all state employees are facing a cut in their paycheck. California's governor has asked that all paychecks be cut to federal minimum wage until a spending budget is passed. Some banks and credit unions are offering a cash till payday to these employees, including no-interest ...

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