Finance
White House budget man, Peter Orszag, to step down
The director of the White House office of Management and Budget, Peter Orszag, can be leaving his post in July. Officials close to Orszag have said he would be leaving for a while, but the July date was only most recently announced to the public. The position of OMB director carries significant power within the ...
USA Today payday loans alternatives article is misleading
Opponents of payday loan company tend to argue that you will find cheaper pay day alternatives accessible. When this does apply to those people who have the credit to have possibilities, those consumers with average to less-than-average credit may discover payday loan company to be a lot more available. USA Today's recent piece on payday ...
Fannie Mae wants to defer strategic default with consequences
Fannie Mae upped the ante on strategic default of home mortgages Wednesday, stating that borrowers who default in spite of having ability to pay or do not seek alternatives in good faith won't be eligible for a new Fannie Mae-backed mortgage for seven years from the date of foreclosure. Home foreclosures and strategic defaults are ...
Gates and Buffett urge billionaires to give away half their money
Billionaires giving money away is not so unusual. It is old news when Bill Gates and Warren Buffet give away money. But when billionaires Gates and Buffett call out their fellow billionaires to pledge 50 percent of their fortunes to charity, individuals notice. The billionaire philanthropists announced a campaign Wednesday that is here to persuade ...
Create a personal spending budget whenever you get short term cash advances
The best way to get one of the most out of short term credit is to create a personal spending budget. Nobody wants to be on a spending budget. Nevertheless, no matter how much money you make, you nevertheless have to be on one. When short term cash advances or pay day loans become part ...
