June, 2010

High credit card debt persists with personal finance savvy rising

Americans are more educated about credit than they were before the recession; however, their knowledge about personal finance isn't resulting in better decisions about credit and lending. A survey indicates that most Americans know the interest rates they are paying on their credit card and they know their credit rating. Even so, they continue to ...

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UK Office of Fair Trading denies progress of payday loan cap

Payday loan rate cap laws have circulated in various forms through the halls of state-level politics in the U.S. for years. However, not all countries that allow payday lending to serve consumers in need of easy loans are so eager to institute a rate cap that could stifle the natural price controls present within a ...

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BP manipulates oil spill web search listings as BP stock tanks

The BP oil spill is lining the pockets of Google, Bing and Yahoo as the British company fights to control information about the disaster. BP seems at the top of the page for numerous search engine queries related to the oil spill. Search engine companies are collecting oil wealth when BP’s stock plunge has investors ...

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