Finance
Unbanked able to easily get money with income tax refund bank cards
If you don't have a bank account, it is going to be hard to obtain a tax refund. This is because electronic banking and income tax filing are becoming so popular. The Treasury Department thinks tax refund debit cards could possibly be the solution. An income tax return electronically transferred isn't helpful for any ...
There’s a chance of a double dip recession
Economists do make varied forecasts, and some are rosy and others not. Recent economic data has given some experts reason to think that a double dip recession, where economic activity plunges, ticks up slightly, then plunges again before stabilizing, is beginning to look more probable. The forecast for doom and gloom is not native to ...
New lending laws in Colorado effect pay day loans
There are new regulations on short term money loans in Colorado that will go into effect very soon. New caps could be put on cash advance direct lenders in Colorado. The bill is stronger than some within the industry had hoped for and weaker than many legislators were pushing for.
Keeping the interest rates limited
Personal debt ...
Banks look to drain Social Security benefits with personal loan
People on Social Security generally aren't amenable to giving away their benefits. This is why there's word in government that paper Social Security checks should be routed out. The Wall Street Journal reports that the Treasury Department plans to stop issuing paper Social Security checks by 2013 and distribute monies via direct deposit or prepaid ...
No interest loans given to California state employees
In the state of California, where a state budget has yet to be passed, state employees are facing a huge pay cut. Until a budget is passed, the governor of California has asked that all salaries for state employees be cut to the federal minimum wage. Some banks and credit unions are offering a online ...