Finance

Last set for new credit card guidelines cuts excessive overdue penalties

On Aug. 22, a year of credit card reform culminated with the enactment of a final set of new credit card rules. The last collection for rule changes sets out to restrict late payment costs as well as other scams disguised as penalties. Thus completes a sweeping credit card reform effort that started last summer ...

Click here to read complete article.

Underbanked and unbanked bank at Mango Financial

Mango Financial, also known as Mango Money, is a relatively new financial services business dedicated to serving the underbanked and unbanked population. Mango Financial provides its Mango Money with prepaid debit cards online, plus a full menu of bank-like services not typically accessible for unbanked and underbanked consumers. Mango Financial currently only has one physical ...

Click here to read complete article.

New regulations target mortgage loan officers

In New York state, and soon in numerous other states, officers that offer personal loan products for instance mortgages are now subject to new regulations. These regulations are intended to help customers in need of large or small loans protect themselves from unscrupulous agents. These licensing laws were passed in 2006 in New York, and ...

Click here to read complete article.

New payday loan companies laws in Colorado

New laws intended to limit the short term money loans offered in Colorado are going to go into effect. New caps will be put on payday loan direct lenders in Colorado. Legislators had called for a stronger bill, but lobbyists had been pushing for a weaker bill. Limiting interest rates Annual interest rates on personal debt loans ...

Click here to read complete article.

Avoiding personal finance mistakes costing a lot

A lot of individuals make financial mistakes by spending money without thinking. Living for today and forgetting about tomorrow can get you in trouble. Nobody likes to stop spending their money. But personal financial management will help you avoid big mistakes that hold you back from where you really want to be. Control personal finance with ...

Click here to read complete article.