Need cash? Avoid costly loans tied to tax refund
A local tax-preparation service is warning Somalis and others in the St. Cloud area about loans that exchange a same-day tax refund for unusually high fees.
Small Business Players Struggle in Recession
Ryan Fochler, a successful small business owner in Arlington, had his line of credit killed by two major credit card firms overnight.
Fed makes changes to ABS lending facility
WASHINGTON, Dec 19 (Reuters) - The Federal Reserve Board on Friday altered terms of its loan facility for asset-backed securities, saying it would no longer distribute the loans through auctions.
Are you at risk of negative equity
Profits that people assumed they would make have disappeared, or been eroded, buyers aren't buying and sellers aren't selling - but there is a darker side to a falling market: negative equity.
