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Variety of options available for short-term financing

clock September 25, 2011 08:15 by author Todd Milner
One of the most popular ways for people to receive alternative financing in times of economic distress is through pawn shops. People searching for nontraditional credit often find that getting a temporary loan by pawning items is a way to get their hands on some quick cash while they work out budgetary issues.More and more, shops in the sector have... [More]

Debt collectors can use numerous strategies to track down money

clock September 25, 2011 07:00 by author Mike Garretson
Many businesses have been able to find success by buying up debts for pennies on the dollar in the hopes of tracking down at least part of the money owed. However, when it comes to effectively going after the late payments there are a number of different strategies people can use that leverage the latest forms of technology.In a recent article for ... [More]

Beefed up security clearance for TSA employees

clock September 24, 2011 13:15 by author Matt Roesly
Transportation Security Administration staff must undergo extensive background checks during the application process for an open position.The Star-Ledger reports that they've recently been required to submit to more extensive screenings to ensure that they have national security clearance.The agency is requiring the additional checks to confirm... [More]

Debt collectors lobbying against documentation rules

clock September 24, 2011 12:00 by author Mike Garretson
Debt collection firms may be shaking in their boots thanks to the newly formed Consumer Financial Protection Bureau, and as that public agency gets its feet on the ground, some companies are moving to curb the impact of some consumer-focused legislation.A number of state laws in North Carolina, Massachusetts, Oregon, Florida and California have bee... [More]

Maryland judge tosses hundreds of debt collection cases

clock September 24, 2011 10:45 by author Mike Garretson
Hundreds of debt collection cases in the state of Maryland were thrown out this week, providing a degree of relief for indebted residents. However, because the suits may eventually be re-filed, the reprieve may be short-lived.District Court Chief Judge Ben C. Clyburn dismissed 314 cases on the grounds that the debt collection agency, Sunshine Finan... [More]

NIST online identity plan flawed

clock September 24, 2011 09:30 by author Karen Umpierre
The National Strategy for Trusted Identities in Cyberspace - an identity theft prevention plan introduced by President Barack Obama in April - is coming under fire.Kenneth C. Wisnefski, CEO of search engine marketing company Webimax, recently pointed out that while the goal of the plan is to create an enhanced online identity and bolster Americans&... [More]

Romanian skimmers apprehended in Seattle

clock September 24, 2011 08:15 by author Karen Umpierre
Two Romanian men arrested in Seattle last week, are believed to have been prime players in an international crime ring involving ATM skimming, KOMO-TV reports.Ismail Sali and Eugen Tirca reportedly swiped "hundreds of thousands of dollars" using skimming techniques. Skimming involves attaching a device and a hidden camera aimed at a keypa... [More]

Study: Risk management may be complicated by volatile executive stock options

clock September 24, 2011 07:00 by author Mike Garretson
Risk is a natural component of business management. However, the degree to which top decision-makers embrace risk can be a problem for board members. More importantly, new research suggests risky behavior may be tied directly to an executive's compensation package.According to researchers at Washington University in St. Louis, the amount of sto... [More]