Groupon to go public

Jun 09, 2011 Karen Umpierre

A popular online coupon website recently announced plans to go public, with an estimated business valuation of $750 million.The New York Times reports that Groupon filed plans to raise new capital after growing at an extremely rapid pace since


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Credit help hotlines are not being used, despite high level of promotion

Jun 08, 2011 Brian Bradley

Thanks to the downturn in the economy, many people have been struggling to pay off debt. As a result, more people have turned to alternative consumer credit data and other forms of financing because of lower credit scores. However, while many


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Short term loan law supported by industry, consumers

Jun 08, 2011 Todd Milner

The short term lending industry has reached an unlikely consensus with some consumer advocates following the recent passage of a short term lending bill by the Texas House of Representatives.If passed by Texas Governor Rick Perry, the bill will require


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Short term lending may come to New York

Jun 08, 2011 Todd Milner

Check-cashing businesses may be allowed to offer short term loans that carry interest as high as 400 percent if legislation that was introduced earlier this year in the New York Senate and Assembly is passed.Despite being legalized in many other


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Agency collects but doesn't follow through

Jun 08, 2011 Mike Garretson

Agency collects but doesn't follow through

Debt collection agencies are often cited for their persistence, tenacity and at times shady tactics when attempting to track down defaulters.Florida-based firm Brooks, Newman and Stone is no exception. According to the Minneapolis Star Tribune,


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