Lottery purchases on credit cards may come with caveat

by admin on February 1st, 2016

filed under Cash Advances

Page 2 of 2 – According to Tacey and Chases cardmember agreement, credit card purchases for travelers checks, foreign currency, money orders, wire transfers or similar cash-like purchases such as lottery tickets, casino gaming chips, race track wagers or similar betting transactions are treated as cash advances. This also happens when a payment is made via a third-party service.

Landry said next time she might go to the ATM first, but shes advising others to be aware.

Check your card or bank statements, she said.

And in the meantime, Landry suggests lottery players also check their...

5 credit card fees you can avoid & how to do it

by admin on January 31st, 2016

filed under Cash Advances

We all love the security and convenience of credit cards, but nobody likes paying fees. Most credit cards charge a variety of them, along with some penalties, yet nearly all of them can be avoided.

So, if you are looking to take advantage of using a credit card, while minimizing their costs, here are five credit card fees you can avoid and how to do it.

1. Annual Fees

There are a number of credit cards on the market that have annual fees, but you dont always have to pay them. First, you can choose one of the numerous cards that dont feature an annual fee (keeping in mind that those may have less generous rewards and benefits). Another strategy is to choose one of the cards...

Satyavrat Mishra: Taxing times ahead under Nitish

by admin on January 31st, 2016

filed under Student Credit Cards

People in Bihar woke up on Wednesday to a shock, with more than snacks to chew over. The Nitish Kumar government imposed higher taxes on various items including packaged food, dry fruits, flour, refined flour, auto parts, inverters and batteries, saris, sand, cosmetics and mosquito repellents. Even edibles such as potato chips, sweets, samosas and kachauris were not spared.

The decision, which invited criticism from people and Opposition parties, was termed necessary by the government for funding development projects. These are mainly luxury items, used by the affluent. It will enhance revenue collection of the government, which would be used for the all-round development...

Local business pays for family’s groceries

by admin on January 31st, 2016

filed under Cash Advances

He and his daughter, 15-year-old Serena, had a two-page list of groceries to get, and expected an otherwise normal trip to Norwalks Walmart.

CashMax Ohio Auto Loans and Cash Advances representatives had a different plan in mind. They wanted to make it an exceptional trip for the family.

We just want to give back to the community, said Norwalk CashMax manager Becke Hoyt. We work with short-term loans like when someone just doesnt have enough money to get through the week until the next paycheck, so we definitely see the need. We wanted to help and give back.

All 41 CashMax stores in Ohio have participated in the Pay-it-Forward week by going to a local store and paying for a random...

Appeals to Watch in 2016: The Appeals Monitor’s Top Ten

by admin on January 30th, 2016

filed under Cash Advances

With each new year comes a new slate of interesting appeals for Canadian businesses and professions. Without further ado, the Appeals Monitor is pleased to present our annual forecast of the top ten appeals to watch in 2016.

Royal Bank of Canada v. Trang

Last July, the Supreme Court of Canada granted leave from the Ontario Court of Appeals decision in Royal Bank of Canada v. Trang, 2014 ONCA 883, and has now tentatively set it down for a hearing date of April 27, 2016. The appeal concerns the extent to which a judgment creditor who seeks personal financial information about a debtor from a mortgagee must first obtain a court order permitting it to examine representatives of the mortgagee,...

Federal Home Loan Bank of Chicago Names Community Reinvestment Fund, USA (CRF) Community First® Fund …

by admin on January 29th, 2016

filed under Cash Advances

CHICAGO and MINNEAPOLIS, Jan. 27, 2016 /PRNewswire/ –The Federal Home Loan Bank of Chicago today announced that Community Reinvestment Fund, USA (CRF), a national, nonprofit community development financial institution (CDFI) based in Minneapolis, MN, has been named a partner of the Community First Fund and is the recipient of a $5 million, 10-year loan. The Community First Fund is a $50 million revolving loan fund that provides direct support to community development financial institutions, community development loan funds, and state housing finance agencies serving Illinois and Wisconsin.

Community Reinvestment Fund, USA has a proven track record of supporting small...

OC Watchdog: You can now get online loans within minutes, but at what cost?

by admin on January 28th, 2016

filed under Cash Advances

Jason Berry and Stuart Hecker are well-versed in the promise and the pitfalls of online lending.

In the summer of 2011, the business partners were staving off creditors and struggling to keep the doors open at their Anaheim-based auto repair chain. They asked Wells Fargo for a capital infusion but were swiftly shot down.

Desperate, they took to the Internet and easily landed a $105,000 business advance with what some would call a last-resort lender. The deal: Give us 6 percent from your credit card receipts to repay the debt.

What seemed like a fair deal ended up bleeding them dry. The interest they paid, it turned out, was 39 percent.

We regretted it within 30 days,...

Safety is the word of the season

by admin on January 28th, 2016

filed under Cash Advances

Wouldn’t it be nice if criminals took the holidays off? In reality, they don’t, and I would venture to guess they may even thrive during this time of year. Talk about the Grinch that stole Christmas.

You don’t have to look far to see a trend of seasonal criminal activity. Just check out the weekly police log or look at the posts being made on social media and you will quickly see what local crimes have residents concerned.

One such concern is thieves stealing unattended packages left on front porches. FedEx offers several tips on its website to help combat package theft. Some of the suggestions include requesting a signature for packages, having packages sent...

Quick cash loans under scrutiny in Virginia

by admin on January 27th, 2016

filed under Cash Advances

Marty Williams needed to pay off a loan quickly, and had his choice of 10 Lynchburg businesses that would copy his car’s keys and take its title in exchange for money.

He used the cash to settle a years-old $150 loan from another lender after callers threatened jail time in March 2015 if he didn’t pay the $400 they said he owed in interest, he said.

The disabled 52-year-old lives with his wife in Lynchburg and receives monthly Social Security checks of about $850. He called friends and family for a lifeline.

“They didn’t really have money,” Williams said.

Payday lending was legalized in 2002, giving Virginians a quick cash fix with...

Fired Ohio State band director’s lawyers seek to withdraw

by admin on January 27th, 2016

filed under Personal Funding

Attorney David Axelrod, the former federal lawyer, said he could not provide further information on Waters legal bills. The effort had been supported in part by a legal fund set up by the celebrated bands alumni association, which stood behind Waters after the firing.

Were fully dedicated to our clients well-being and wish Jon, for whom we have the utmost respect, the best of luck, Axelrod told The Associated Press. Its very difficult for us to withdraw from representing him, but the specifics regarding our relationships with our clients have to remain between us and our clients.

The development could spell the end of Waters efforts to fight his July 2014 termination.

Ohio...