" One Persons Story Of Being In Debt"

Have you ever considered how to borrow money when you really need help and guidance maybe listening to this story you will be able to appreciate how other people can help you. This is one such account of Lissette and is well worth a listen and please comment using our comments box.

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

" Pay Day Loans And The Consumer Financial Protection Bureau

These loans originally started in the US and are now commonplace in the UK and are not the type of funds anyone should be contemplating as an easy fix solution to short term borrowing. If you are or need advice leave a comment but can l suggest you listen to this video and it may help you to avoid the problems that you may have with this type of lending.

I will be writing more on this subject very shortly and providing in depth terms and conditions of lenders you should avoid and those that are not as bad.  

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

NB Please ignore the note about comments being closed as it applies to youtube and not our our comments box, you can log into any social media and share this we need to spread the word.   

Vice Premier urges proper settlement of China-US economic, trade disputes

Vice Premier urges proper settlement of China-US economic, trade disputes:

Chinese Vice Premier Li Keqiang meets with Henry Paulson, former Treasury Secretary of the United States, in Beijing, capital of China, Dec.

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

By the Numbers: $4.2 Billion

By the Numbers: $4.2 Billion:

Payday loans, sometimes called cash-advance loans or check-advance loans offer borrowers short‐term funds at very high interest rates that are not always clearly disclosed. On average, payday lenders charge fees of roughly $16 for a $100 two‐week loan. If borrowers miss payments, fees can begin to accumulate, resulting in extremely high total payments. Payday loan borrowers are paying nearly $4.2 billion in fees annually, according to some studies.

Even when rates and penalties are disclosed, borrowers in desperate need of cash may agree to disadvantageous loan terms. Many times, these borrowers’ financial resources have already been depleted by an emergency, sustained unemployment, or illness. Relying on payday loans to make ends meet can create a debt‐and‐fee‐spiral that some people may find extremely difficult to exit.

The Consumer Financial Protection Bureau was established to provide federal supervision and oversight over a full range of financial service providers that consumers rely on--from banks and credit unions, to payday lenders and independent mortgage brokers. President Obama has nominated Richard Cordray to head the CFPB, and the Senate will vote on his confirmation this week. Having a director in place will allow the Bureau to protect consumers from unfair, deceptive, or abusive practices from providers like those that issue payday loans.  

This is our opinion and feelings about the the posts added to this blog by ourselves and writers who have asked to write on our blog network and does not necessarily represent our agreement or disagreement with the writers concerned.Please add #AceHealthNews to your tweets and follow us on twitter at http://twitter.com/AceFinanceNews helping to provide good debt management services. Thank you, Ian

My Personal Overview Of The Economic Outlook

My Personal Overview Of The Economic Outlook - Part One

As more of the global down turn in peoples expectations take their toll on the economic forecasts that are being prof ligated on a daily basis, peoples hope is turning to doubt. The reasons seem simple on the surface but dig deeper and a more ingrained purpose is high lighted.

Firstly we are told that by recapitalization of our banks we can provide an even keel for our global economies but when have you heard anyone let alone a banker say l will provide money to bailout another person, company or country and not want anything back in return. Is that " NEVER " l hear you say well greed will not enable any bank to help to bail out another too many hidden agendas too much l am alright Jack and dam the rest, not on the surface of course but deeply ingrained within our way of living our everyday lives.

We hear the saying " A Leopard Cannot Change Their Spots " well it was and is the ideal saying for all the bankers whether big or small and this leopard is not willing to change even to save itself and its spots one day will engulf the whole world.

My words of comfort are few - listen not to the bankers or too the governments rhetoric as they tell us they care about our futures, as they do not know how to care about themselves, witness the UK fuel crisis of rising bills over profits for themselves and their cronies.

The only person who cares is the one who says here take this l do not need it and when asked if they want payment say l have enough and you had less than me. You will find these people are very few and they are well hidden as they want no reward.

Ian Draper [Editor]  

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

Threat of downturn derails housing recovery: Fannie Mae

Threat of downturn derails housing recovery: Fannie Mae:

The threat of another economic downturn is stalling a housing recovery, Fannie Mae said in a report Monday.

The economy remains in a fragile state and is highly susceptible to additional shocks that could further erode economic growth, according to a study provided by the government-sponsored enterprise's Economics & Mortgage Market Analysis group.
Fannie pointed to a rapid downturn in the economy, as one of the major factors.

All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.

Monday Morning Cup of Coffee

Monday Morning Cup of Coffee: A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
Any new mortgage refinancing plan designed by the government is likely to be limited in scope and not as large as originally anticipated, Barclays Capital analysts said.
Barclays does not forecast a blanket extension of the federal Home Affordable Refinance Program, [...]

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All the posts are provided by me and any comments l provide are my own view of the markets and are not the views of the article writer and or news provider.