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| New Way of Lending? Posted by money mom at 06/11/08 12:52 PM College students may have another way of raising funds to pay for their room, board, books and other necessities for the upcoming school year. Social networking has now extended itself into the lending business.
Gift Cards – An Unexpected Pitfall - Bankruptcy! Posted by money mom at 03/12/08 12:11 PM The bankruptcy filing of Sharper Image raises questions beyond where you can get a Human Touch Zero-Gravity Massage Chair. Namely, if you have a Sharper Image gift card – or a gift card for any other retailer facing financial troubles – can you still use it?
Telephone check? Could the Wachovia “demand draft” problem happen to you? Posted by Gail H at 02/06/08 12:57 PM Did you know that your bank can pay someone from your checking account because that person says you authorized it - even though you never signed a check?
News stories today say that this happened at Wachovia Bank, and that documents from a lawsuit show that Wachovia knew about it.
Consumers Union can't say what Wachovia did or didn’t know, but here is what consumers need to know: The method reported as the means to steal from Wachovia’s customers can occur at other U.S. banks.
New "Direct Express" card for Social Security payments Posted by Gail H at 01/04/08 12:15 PM The U.S. Treasury Department announced today the “Direct Express” card. This card could set a new standard for prepaid cards, with real consumer protections and no nasty overdraft fees.
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