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daddacool: #Sharkstoppers campaign against the payday loan ...

This link is near the bottom of the press release which is below (doh!)

Stella Creasey, Labour MP for Walthamstow, is a leading supporter of the Sharkstoppers campaign against the payday loan industry. The new Financial Conduct Authority will have ?ability to cap the costs of credit, but not until April 2014.

In this article she argues that, in the meantime, much more needs to...

Source: yancey eveline

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Breaking News

  • Fewer Las Vegas households using banks, financial institutions

    households in Las Vegas were "underbanked" last year, up from 20 percent in 2009, the FDIC reported. Federal regulators define "underbanked" as households with a checking or savings account, but which also rely on check-cashing stores, payday loans

  • Speedy Cash Without Getting A Payday Loan

    To get the loan all you are able to full an online application form and bankruptcy lawyer las vegas form is ratified your loan will probably be feeling stimulated into your cash on the day that of implementing. An individual can be considered and

  • California cracks down on illegal online lending

    One of those companies, TIOR Capital LLC, which is registered in Folsom and Las Vegas, was ordered to "desist and refrain" making loans and to return all funds to borrowers. Leyes said TIOR made an estimated 5,000 payday loans to Californians.

  • The Star's editorial | And so died worthy ballot proposals on payday loans ...

    After losing their early skirmishes, payday loan supporters rejoiced when Secretary of State Robin Carnahan announced that the measure couldn't appear on the November ballot because too many voters' signatures were invalid. show that Missourians

  • French oil supermajor: Arctic oil drilling doesn't add up

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News Summary: Rates on US mortgages at record lows
RATES AT RECORD LOWS: Average U.S. rates on fixed mortgages fell again to record lows this week. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.

Rate on 30-year mortgage hits record low 3.40 pct.

In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the 30-year loan dropped to 3.40 percent. That's down from last week's rate of 3.49 percent, which was the lowest since long-term mortgages began in the 1950s. (AP Photo/Sue Ogrocki)Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.

Already signs Fed action is working: Boston Fed's Rosengren
QUINCY, Massachusetts (Reuters) - The Federal Reserve's decision last week to buy large quantities of mortgage-backed securities is already having a positive effect on wholesale mortgage rates, the president of the Federal Reserve Bank of Boston said on Thursday. Eric Rosengren, in a speech to a chamber of commerce in the Boston suburb of Quincy, also said the U.S. economy was clearly in better shape than some developed peers internationally, but still not strong enough to bring the unemployment rate down more quickly. (Reporting By Ben Berkowitz; Editing by Chizu Nomiyama)

Ahead of the Bell: Weekly mortgage rates
Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.

U.S. mortgage refinancing applications rise as rates hit record low: MBA

A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of WashingtonNEW YORK (Reuters) - Applications for home mortgages dipped last week, though demand for refinancings rose as mortgage rates fell to a record low, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, edged down 0.2 percent in the week ended Sept 14. The seasonally adjusted index of refinancing applications gained 0.80 percent. The gauge of loan requests for home purchases, a leading indicator of home sales, tumbled 3.8 percent. ...

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