Finance
Payday loans in Colorado subject to new regulations
In the state of Colorado, new laws intended to limit short term money loans are set to go into effect. In August of this year, Colorado payday advance direct lenders will have the interest rates and repayment terms of their products capped. Legislators had called for a stronger bill, but lobbyists had been pushing for ...
Due diligence is a surprise audit for a payday loan business
Much has been alleged by payday loans no faxing opponents regarding this so called explicative nature of the products paydayloans stores have to offer. That is a diatribe style argument that will rage on with certain activists, regardless of data pointing toward the contrary. Focusing on the good and what could be practiced and delineated ...
Banks have personal loans to take Social Security
People on Social Security usually 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 Treasury has plans to phase the checks out by 2013 and send funds via direct deposit and prepaid debit cards, writes The Wall Street Journal. Doing ...
Online credit card scam took millions with just pennies at a time
An online credit card scam that stole millions of dollars was halted by the U.S. Federal Trade Commission. The online credit card scam used fake companies and identity theft to steal small amounts of money that went undetected by consumers or fraud detectors. Over the last four years, a lot more than a million individuals ...
Laffer Curve trying to explain taxation
A graphic representation of the theory of Taxable Income Elasticity is what Laffer Curve is.
It was more proposed by Jude Wanniski within the 1970s, yet it is nevertheless names after Arther Laffer, a supply-side economist who the work was all based off of.
Translation for the rest of us: The Laffer curve shows what ...
