What if someone told World that they couldn't have it both ways: they could make loans that amortize to the Rule of 78ths or they could refinance them, but not both?
It is not rare for a customer to refinance an installment loan. Some companies report that they originate three timesRead More
Before you run out to spend your tax refund on a new LG 60PN5700, make sure you shop around for the best price.
The 60PN5700 is LG's new 60-inch plasma television. It is a sweet TV: 1080 pixels, energy saver status, 600hz, ability to connect to online content sellers like Amazon or NetFlix, and the Picture Wizard II technology.
LG is selling it directly on its web site right now for $1,249.99. Charge it on a credit card that imposes an interest rate ofRead More
Massachusetts Attorney General Martha Coakley filed a civil action against Corinthian Colleges, the corporate parent of Everest Colleges, in Suffolk County Superior Court on April 3rd. Here are a few excerpts:
Admissions are selective: Everest says "Make sure you are one of the people who gets a spot in career training."
Bank of the Internet says that it has reached an agreement to buy Block Bank. It is the second time that Block has reached such an agreement in the last year. Last time the buyer was Republic Bank, but it was held up by regulators. The same contingency is on everyone's mind this time as well.
Back in November, I wrote that B of I was the likely suitor: My suspicion hinged on the announcement that BRead More
Two publicly-traded debt collectors picked up new loans this week.
Asta Funding increased its debt and reduced its interest rates this week. The new loan will provide Asta with $15 million at 4.75 percent. CBC Settlement (a non-bank in Delaware) and FirstTrust Bank extended the agreement through the endRead More