Finance
Sams Club will start offering online loans
Sam's Club, a division of the Wal-Mart corporation, has partnered with Superior Financial Group LLC to offer online loans for its members. The loans are for small business owners and entrepreneurs. Superior Financial Group is a Small company Administration lender, and Sam's Club is partnering with them for a trial run in expanding available services ...
Financial reform and Arizona together
Arizona has let any payday loan companies in the state to end with licenses ending recently. Payday loan stores are within the process of closing their doors all over the state and are moving on to different pastures. Obama's signature is the only thing that the financial reform bill needs to pass. Many are worried ...
Repayment made easier for some graduates with changes to student loan programs
With the fall semester of 2010 coming up for numerous college students, some of the recent changes to student loan programs are taking effect. One change has an income based repayment standard. This could help make it an easy loans for students with debt trying to make payments. For student loans, new formulas and rules ...
Taking the Wells Fargo Finance Division out of the mix
Because of the combined effects of subprime mortgage losses and merging with Wachovia, Wells Fargo has decided to close down the Finance Division. Only about 3,800 of the 14,000 jobs in the Finance Division will be lost. Line of credit loans and other financial products will nevertheless be offered by Wells Fargo, but within the ...
Lobbyists trying to fight to weaken mortgage rules in financial reform
The US House and Senate want to start refining mortgage legislation on Tuesday. The legislation would try to enforce the biggest overhaul to mortgage lending rules in decades. The mortgage legislation is intended to end the risky lending practices blamed for causing the financial crisis. Mortgage industry lobbyists are trying to take the teeth out ...
