The typical outsider’s view of payday lending involves seedy looking storefront shops in strip malls near pawn shops and bail bonds, so the idea of going to a short-term lender with a cleanly designed, professional website might seem more appealing (not to mention convenient). However, a new report finds that online payday loans may wreak more financial havoc than their bricks-and-mortar counterparts. [More]
rules and regulations
Reader Says Amazon's Gift Card Rules Are Stifling
By 11.16.09
Patrick says Amazon won’t let you use gift cards to buy items that come with discounts in the form of gift cards.
Fraud Protection: What's The Difference Between Credit And Debit?
By 9.26.07
Federal Reserve Board Regulation E is the federal regulation that governs Electronic Fund Transfers and includes provisions that makes debit-card transactions instantaneous. Instantaneous means that the money is technically spent from the account the moment the card is used, which is important because your debit card draws from a bank account as opposed to a line of credit.
