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MB Financial Shares Popped: What You Need to Know
Is this meaningful? Or just another movement?

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City sewers eyed for upgrades
The City Council approved funding to improve the sewer system at its Jan. 17 meeting.

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Thinking of taking out a payday loan? Read this first…
You’ve probably seen adverts for payday loans from companies such as Wonga. They’re promoted as a quick way to get emergency cash – many firms advertise the fact decisions are instant and the money can be in your bank account that day.

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Foreclosure pain from N.Y. to L.A.
Despite being four years after the housing bust, the foreclosure plague has continued to spread. Here’s how the country’s 10 biggest cities are faring.

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KEVIN WILHELM: Free tax prep service increasing financial stability
Season’s greetings! And by the word “season,” I mean tax season.

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Groups join to seek payday loan limits in Iowa
Consumer advocates on Wednesday announced the formation of a coalition that will push the Legislature to put interest rate limits on payday loans that now can top 400 percent.

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O Twelve Estates Ltd – Banking Arrangements
O Twelve Estates Ltd – Banking Arrangements

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Editorial Roundup: Excerpts From Recent Editorials
Excerpts from recent editorials in newspapers in the United States and abroad:

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Payday lending restrictions die in Senate
Del. Glenn Oder’s bill still alive in the House, but faces long odds — Consumer advocates from around the state joined predatory lending critics in Richmond Monday to rally for a cap on yearly interest on payday and car title loans and open-end credit lending.

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Finance Minister Schaeuble: Germany to deliver financial package in coming weeks
BERLIN – Germany’s finance minister on Sunday was quoted as saying Chancellor Angela Merkel’s government has agreed to finalize a package aimed at bolstering the European Union’s bailout fund.

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4 Reasons to Consolidate Your Student Loans
Consolidation allows you to lock in a fixed interest rate and avoid default.

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Payday lending may be leaving fast track
JACKSON – What has appeared to be a rush during the 2011 legislative session to reauthorize the payday lending industry and change the rate it can charge consumers may be slowing.

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PD: Store owner chases, fires on suspect
Tempe police say the suspect was chased from the business and into the neighborhood with the store owner firing shots at him.

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How Late is Too Late for a Credit Card Payment?
A one-day late payment shouldn’t appear on a borrower’s credit report, but the bank may not be so forgiving of future delinquencies

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After years of waiting, Elyria cop gets payday
ELYRIA – An Elyria police officer who lost his job after being accused of a crime only to be cleared in court and was later rehired was the top earner of 2010 after he was cut a check to make up for all the pay he missed while out of a job. Vincent Ligas returned to [...]

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U.S. says it wins again in Canada lumber dispute
A binding arbitration panel has ruled Canada has again breached its softwood lumber deal with the United States, this time with aid offered by provincial governments in Quebec and Ontario, the U.S. trade representative said on Friday.

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Spain plans partial nationalization of savings banks
Spain plans a partial state takeover of its weakest savings banks as it seeks to reassure investors a rescue will not weigh on its deficit.

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Citizen Group Hopes For Interest Cap On Payday Loans
Leaders from many Virginia localities are gathering for a conference in Richmond today to discuss lowering the interest rates on payday loans.

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Frontrunning: January 21
Peter Orszag: America must brace itself for turbulence ( FT ) ECB Flags Risks of Higher Prices ( WSJ ) Spain Plans Partial Nationalization of Savings Banks ( Reuters ) BofA Reports Loss on Costs Tied to Bad Loans, Mortgage Unit ( Bloomberg ) European Governments Weigh Bond Buybacks ( WSJ ) Portugal Vote Imperils Accord ( WSJ ) Obama Taps GE’s Immelt to Head Economic Advisor Panel ( Bloomberg …

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ICICI, Citibank to raise Rs 5,500 cr for Air India aircraft buy Air India has mandated ICICI Bank for the re-financing of loans to purchase 21 Airbus 320 aircraft valued at Rs 5,500 crore. The decision was taken at the Board meeting of the national carrier held in Mumbai …

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Payday loan bill amended
The Senate Banking Committee amended a House bill Thursday aimed at reducing the 572-percent equivalent interest rate on payday loans, making it more palatable to the lenders.

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I have three payday loans and are all due at the same time. I know it was dumb of me, but I want to know if there is a way of getting help or what do you guys suggest I do?

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I have two payday loans with two different loan offices. Is this against the law? And can I place a payday loan on my bill consolidation plan?

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I have several payday loans. Its not that I don’t want to pay them, but I am getting behind on my other bills I want to know if there is someone or someplace I can go to so that I can consolidate these into one bill and cut down on the interest.
They were there when I needed them I just want a easy solution and not a broke one.

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