Consumers on the lookout for bank fees

Mar 24, 2011 Brian Bradley

If the recession taught consumers anything, it was that they need to be more wary about how banks issue fees. As a result, more consumers are willing to switch banks rather than pay fees, according to a recent survey from Princeton Survey Research


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Mobile app keeps consumers up-to-date on financing options

Mar 24, 2011 Brian Bradley

Auto dealers and lending sources are continually looking for new ways to reach consumers. Now, lenders are appealing to consumers' mobile devices with a new technology from the Chubb Insurance Group. The company states that its new mobile


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New Hampshire considering bringing back short-term lending

Mar 24, 2011 Todd Milner

New Hampshire lawmakers are moving closer to re-establishing short-term lending and auto title loans in the state, according to a report from the New Hampshire Business Review. State Senators have yet to advance a bill, but the Business Review


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Risk management is key for lenders

Mar 23, 2011 Brian Bradley

One of the biggest issues for any financial institution today is credit risk management. Deciding which customers are worthy of credit can be a key factor in whether or not a company is able to be profitable or whether it will lose money based


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FTC makes $800,000 settlement with short term loan marketer

Mar 23, 2011 Todd Milner

The Federal Trade Commission recently settled charges against two short term loan marketers that allegedly tricked consumers into buying prepaid debit cards that were unrelated to their short term loan applications.Matthew Patterson, Mark Benning,


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