Home » Financial Services
Financial Services
UK Loan Brokers On Notice Over Fraudulent Loan Arrangement Fees
Jun. 1 | Dishonest loan brokers in the UK have been placed on notice by the Office of Fair Trading that they will be closed down if they continue the practice of demanding a fee up front for loans they never intend to arrange. This is intended to put a stop to...
Stock Market Experiences Bruising This Month
May. 27 | US stocks has a slow opening on Friday, as more investors are still waiting for the release of the latest reports about the housing market and consumer spending. Dow Jones industrial average, Nasdaq futures and S&P 500 showed little changes before...
Loan Shack Now Licensed To Lend In 17 States
May. 27 | The payday loan company Loan Shack has added California to the list of states in which it is licensed to lend, bringing the total number to seventeen as of this month. As part of the company policy, Loan Shack is picking up licences on a state-by-state...
Lending Increases As Economy Continues To Improve
May. 26 | Although still too early to say how secure the recovery is, more information is emerging which points to a positive pattern in the US economy. Along with information last week on an increase in housing prices, this week the Commercial Finance Association...
“Sell in May” Stocks Likely to Persist
May. 23 | “Sell in May, then go away” seems to be realized this year, as taken from Wall Street’s old adage, evident in the slump that the stock market experiences that is likely to continue until the end of May. The S&P 500, the Dow and the Nasdaq have...
Investors Play Defense with Stocks
May. 16 | Investors went to defensive mode and this is expected to continue for the same week, as what had come from the economic data and the meeting minutes from Fed’s recent gathering. RDM Financial Group’s chief market strategist Michael Sheldon said that...
Corporate Whistleblower Center Encourages People To Take Correct Steps To Expose Fraud
May. 16 | It is no exaggeration to say that many millions of dollars are lost every year as a consequence of corporate tax fraud. While many may argue about a fair level of tax, there is no doubt that organisations required by law to pay taxes, who do not then...
Stocks Change Little on Week’s End
May. 14 | Stocks fell as dollar increased and commodity prices fell back Friday, but in general nothing much has changed over the week. The Dow Jones industrial average fell 100 points, along with Travelers Co., JP Morgan Chase, and Bank of America. The S%P 500...
Commodity Prices Drop Due to Inflation Fears
May. 12 | Commodities drop in prices on Wednesday as the investors feared that the central bank might increase interest rates due to the increasing trend in global inflation. Oil prices reduced to $98.21 a barrel, a 6% drop, while gold futures dropped 1% to $1,501.40...
