June, 2010
Office of Financial Literacy seems tucked away in financial reform bill
The financial reform bill Congress hopes to finally pass by the Fourth of July includes establishing a new Office of Financial Literacy. The new Dodd-Frank financial reform bill also involves a new Consumer Financial Protection Bureau to enforce ethical behavior from banks. But ultimately; consumers are going to have to educate themselves about money management ...
Choose responsible lending over fewer lending choices
Despite large problems like a state budget that remains in shambles due to rampant government spending, California legislators are reportedly hard at work to come up what they consider to be a responsible lending approach to personal loan company. Rather than allowing individuals to choose for themselves, lawmakers would rather hamper payday lending and eliminate ...
Auto dealer regulation – A failure to compromise
Auto dealer regulation has been on the minds of House Democrats of late, or more particularly a lack thereof. Their belief is that the newly formed Consumer Financial Protection Agency (CFPA) would hamper auto dealers' ability to recuperate by limiting their ability to continue offering dealer-assisted financing. Led by New York Reps. Bill Owens and ...
Father’s Day gift ideas to be avoided, with one notable exception
Father's Day gift ideas are a lot harder to come up with than Mother's Day gift ideas. It's not that men are that hard to buy gifts for. It just is apparently that men don’t care whether or not they get a gift. If you ask most fathers what they want for Father's Day, most ...
