Eight in ten Americans believe the federal debt and deficit have a powerful play on their personal finances. The new poll found that Americans are increasingly developing strong feelings about reducing the deficit and stimulus spending. The 10th quarterly Allstate-National Journal Heartland Monitor Poll … [Read more...]
Poll: Americans Eliminating Personal Debt and Expect Government To Do the Same
Housing Market Showing Mixed Signals
Summer seems to have ushered in some improvement for the housing market according to new data from S&P Indices. The statistics show that the US National Home Price Index increased by 3.6% in the second quarter of 2011. That increase was welcomed following the 4.1% drop experienced during the first … [Read more...]
Borders’ Liquidation Begins Creating One of Biggest Bankruptcies in History
Borders' liquidation sales are underway at hundreds of its retail stores around the country. With discounts of up to 40% on just about everything in the store, many shoppers piled in to their local Borders looking for a bargain. According to reports the sale is happening at 259 Borders superstores, 114 … [Read more...]
Banks Considering Offering Payday Loans
In a somewhat surprising move, banks are considering expanding their loan offerings to include payday loans. It is surprising because companies offering this type of loan have been under scrutiny and a lot of criticism for charging exorbitant interest rates for payday and Refund Anticipation Loans (RALs). … [Read more...]