Have you ever encountered a minor yet painful situation where your finances were harmed by another company or person? Perhaps you ordered a pizza and paid with your credit card only to have the pizzeria charge you twice by accident which pushed you over your credit card limit. A $20.00 pizza can turn into a $100.00 pizza due to overlimit fees, the double charge and so on - arguably the most expensive pizza you have ever had and particularly an issue when you find yourself short on cash.

Don’t let a bad situation turn into something worse. Bank, credit card ... Continue Reading

Banks in the United States are poised to make $38.5 billion in customer overdraft fees this year during the worst economic climate since the great depression, the Financial Times said, citing research by Moebs Services. A large portion of the revenue is likely to come from the most financially stretched consumers, according to the paper.

Speedy Cash is helping thousands of consumers in this economy manage their finances better and avoid the increased fees banks and credit card companies are charging. A simple cash advance or payday loan from Speedy Cash helps the average consumer save hundreds of dollars per ... Continue Reading

Expenses and fees, such as late payment fees are the killer of any savings strategy. On average the American Public now saves zero percent of the income they earn. Pulling out of this current economic meltdown will require additional savings – somewhere in the region of 20%! The first step in planning for long-term goals and an immediate savings action plan is actually determining how much you spend on short-term expenses. Once you know how much money is spent on the here-and-now, you can assess how much money can be put into investment and saving vehicles for the future.

Regular ... Continue Reading

SpeedyCash.com is pleased to announce a new affiliate program that we have launched in partnership with Commission Junction--a trusted leader in the advertising community. 

In just a few simple steps, you can begin earning money from your website.  For every new customer that your website refers to us, we'll pay you $50--one of the highest payouts in the industry!  Our affiliates are paid on a regular monthly basis.  There are no minimum traffic requirements.  Our parnership with Commission Junction makes this simple and hassle-free. 

To get started, just fill out an application.  Once it is approved, you will have ... Continue Reading

JACKSONVILLE, Fla., April 8 -- A House Financial Institutions and Consumer Credit Subcommittee hearing held April 2, 2009 for H.R. 1214, the Payday Loan Reform Act, included testimony about the effectiveness of state payday lending regulation. The testimony emphasized that some states have chosen to strictly regulate short term lending, while other states have simply attempted to ban payday loans by implementing limits on fees based on an annual percentage rate.

"Several states, including Florida and Oklahoma, are effectively protecting consumers," said Thomas Reinheimer, CEO of Veritec Solutions of Jacksonville, Florida. "Veritec is at the forefront of implementing effective regulatory ... Continue Reading

New Study Finds 4,547% Interest Rates on Bounce Protection Loans

WASHINGTON, DC – The median interest rate on bounce protection loans is in excess of twenty times that of payday loans concludes a study by Mark A. Fusaro, Department of Economics, East Carolina University.  
 
The independent study, “Hidden Consumer Loans: An Analysis of Implicit Interest Rates on Bounced Checks,” finds that “Payday lending attracts attention for its high interest rates, but bounce protection loans are much more expensive. When the amount borrowed is low and the time outstanding is short, the effective interest rate paid on this loan can ... Continue Reading

Urban Institude report recommends better disclosures and increased competition to protect consumers

WASHINGTON--A new report by the Urban Institute finds that if payday advances are eliminated they “could be replaced by alternatives that make
families even worse off.”

In “Enabling Families to Weather Emergencies and Develop the Role of Assets,” by Signe-Mary McKernan and Caroline Ratcliffe, the researchers find that low-income working families need access to small loans, such as payday advances, to help weather bad patches. 

Instead of regulating prices charged on small, short-term loans, the authors argue that increasing competition will drive prices down. They express concern that ... Continue Reading

Whatever you want to call them they are a lifesaver as they can come in very handy at the right time. For one example, right now I am moving and need to get some help moving things so I will call a mover. At the new place, I will need to pay a deposit at the new place while hoping to get my old deposit back from my frugal landlord.

I also need to pay deposits on utilities and then hope to get it all turned on in time to not eat dinner a few times in the dark at ... Continue Reading

The current economic outlook for 2009 has many experts scratching their heads.  Most see stagnant or sinking stocks and profitability of most major corporations, their are segments that will continue to do well.

The housing and retail industries will continue to be flat or down, while the service business segment will stay even or increase as many will need to work longer or start hobby businesses to make ends meet.

Lynn DeVries of Cinderella's Home Care said "Business is good as we have added many new clients that no longer can work additional hours and keep up with the domestic demands at ... Continue Reading

At any moment, something unexpected may happen and require you to dip into the money you have saved for such so called emergencies. Several of these unexpected moments and you are no doubt going to be feeling the crunch financially, which can only add to the stress and strain of everyday life. It is times like these we could all use a little cash advance to help us out, a payday loan to save the day.

Last month I found myself in one of these “moments.” Our family pet, Rosie, a spunky little golden retriever, was injured by another dog ... Continue Reading