Phoenix firm promises help but delivers disaster

by admin on September 19th, 2014

filed under Debt Consolidation

The Better Future has definitely changed some peoples lives — but not for the better.

Customers of the Phoenix debt-consolidation firm say it promised to fix their credit and lower monthly payments only to deliver fraud, grief and devastating financial losses.

Those who claim to have been duped by the firm said phone solicitors offered to help consolidate debts and broker new interest rates with credit-card companies for a single fee ranging from $200 to $700.

But once consumers provided credit-card information, they said they were charged hundreds, if not thousands, of dollars, and no service ever was provided. They said calls to the company went unanswered. And when...

Students credit cards could lead to debt after graduation

by admin on September 18th, 2014

filed under Student Credit Cards

Across the nation students are hit up by credit card companies offering low interest rates and the deals can be tempting. But adding student credit cards to existing education loans may have a negative impact on students in school and after graduation day.

“While they’re still in college it is pretty common for college students to have a couple thousand dollars in credit card debt,” said Todd Christensen, director of education at Boise’s office for Debt Reduction Services, a national nonprofit organization which provides debt management and credit counseling.

“You get a credit card and you think, ‘Hey, I’m gonna get a real job in a year...

7 Ways To Consolidate Debt

by admin on September 18th, 2014

filed under Debt Consolidation

Borrowers who seek to consolidate their debts today have more options than ever before. Student loans, credit cards, car payments and other types of debt can be moved around in many different ways to get ahead of the curve. Knowing the pros and cons of each strategy can help you determine which path is best for you and save you thousands of dollars – and your credit score as well.

1. Credit Card Consolidation

This strategy is probably the most effective if you are able to move your current credit card balances onto a new card that is charging a teaser rate of zero percent interest. For example, if you just opened a new card that will charge nothing for the next 18 months –...

Lending Club Files $500 Million IPO In What Could Be A Challenge To Banks

by admin on September 18th, 2014

filed under Debt Consolidation

On Wednesday investors eagerly responded to an initial public offering filed by Lending Club. Lending Club is a peer-to-peer lending company founded in 2007 and based out of San Francisco. The company claims to be one of the largest online credit marketplaces in the world, having issued over $5 billion dollars in loans and paid out nearly $494 million to investors. Lending Club has attracted a significant amount of attention since their launch, and has been featured by Forbes on the 2014 list of lsquo;Americas Most Promising Companies.

What Is Lending Club?

Lending Club is based upon a consumer lending idea that cuts out the role of the middleman traditionally held by banks....

Debt Consolidation USA Identifies Qualities That Can Lead to Financial Problems

by admin on September 17th, 2014

filed under Debt Consolidation

Debt Consolidation USA recently shared in an article published last August 4, 2014 some of the consumer qualities that leads to financial problems.The article aims to educate the consumers in identifying such qualities and addressing them accordingly.

Dallas, TX (PRWEB) August 08, 2014

Debt Consolidation USA recently shared in an article published last August 4, 2014 some of the consumer qualities that leads to financial problems.The article titled “5 Qualities That Will Lead To Financial Problems” aims to educate the consumers in identifying such qualities and addressing them accordingly.

The article starts off by stressing the fact that a big reason for most...

The Best Credit Cards for Back to School Shopping, Announced by MyRatePlan …

by admin on September 17th, 2014

filed under Student Credit Cards

SEATTLE, WA–(Marketwired – Aug 7, 2014) – The new school season is just around the corner. Therefore, back to school shopping is inevitable. MyRatePlan.com has released an announcement in which it named the best credit cards for back to school shopping. The experts at MyRatePlan.com used a complex scoring system that included factors such as expert opinions, consumer reviews, features, promotions, rewards and more. According to the experts professional opinion, the top three credit cards are as follows:

Discover it for Students

The Discover it for Students card is the perfect credit card for student needs. The card offers a wealth of benefits that allow a student...

What Most ATM Cash Planning Models Miss

by admin on September 16th, 2014

filed under Business Loans

http://www.pymnts.com/wp-content/uploads/2014/08/TSYS-Andrei-Povarov-Podcast-Interview1.mp3

ATM cash planning requires a delicate balance of having enough cash on hand to satisfy consumers but not so much that banks can’t put extra cash to work. Models can help, says TSYS Deputy Director General for Moscow Andrei Povarov in a recent interview with MPD CEO Karen Webster, but they often miss the one critical element that can make or break ATM and bank profitability. Povarov’s and TSYS’ experience in the cash-intensive Russian market...

Provider says bumpy start of My Care Ohio has smoothed out

by admin on September 16th, 2014

filed under Cash Advances

Provider says bumpy start of My Care Ohio has smoothed out

Updated: Wednesday, September 3 2014, 06:46 PM EDT
CINCINNATI (Jeff Hirsh) — It finally seems to be coming to an end, the health aide paycheck crisis first investigated a month ago by Local 12 News.

Many home health care aides went without pay for as long as three months after the state of Ohio changed to a new payment system. 82-year-old Willa Wright and her home health care aide Theresa Pharris are kind of like a team. Actually, Pharris does a lot more than that for a client who has diabetes and walks with a cane. But unlike many other home health care aides in Ohio, Thersa Pharris has not missed a paycheck...

What You Need to Know About Credit Card Rates

by admin on September 15th, 2014

filed under Cash Advances

Imagine how wonderful credit cards would be if they didnt charge interest. Youd get the safest way to pay, plus perks, extra consumer protections, and miles, points or cash back all for free — unless you opted to pay an annual fee for extra services. For close to half of Americans, thats already a reality, because they never carry forward balances to the following month. The rest, probably a small majority, do sometimes, often or always have credit card debt. And they pay a high price.

Credit card rates today
According to the IndexCreditCards.com rates monitor, the average consumer non-rewards card was charging 15.48 percent APR in mid-August, while the same figure for a consumer...

Ottawa gives crop farmers more time to repay cash advances

by admin on September 15th, 2014

filed under Cash Advances

Ottawa gives crop farmers more time to repay cash advances
Grain growers in Manitoba, Saskatchewan, Alberta and BC given a six-month grace period

By Amanda Brodhagen, Farms.com

Farmers in Western Canada will get more time to repay their 2013 cash advances, according to Agriculture Minister Gerry Ritz.

Grain and oilseeds growers in Manitoba, Saskatchewan, Alberta and British Columbia who have been unable to market their crops due to rail transportation issues and flooding woes have been granted a six-month extension to repay debts. The leeway is also for farmers who received an advance through the Manitoba Corn Growers Association. The Canadian Canola Growers Association...