Banking & Financial Services News
Get a balanced look at what’s new in the banking and financial services industry. This section features information about commercial banking services and products, credit unions, credit card companies, cryptocurrency, compliance issues and news from banking and financial service companies.
Connecticut BBB Applauds New Formula in Place for Calculating Consumer Credit Scores
New FICO formula more forgiving for consumers seeking credit. - March 22, 2009 - Better Business Bureau CT
Unlawful Debt Collection Calls to Workplace Nearly Double
The number of complaints against debt collectors calling consumers at work nearly doubled between 2007 and 2008, according to recent report from the Federal Trade Commission. - March 20, 2009 - National Financial Awareness Network, Inc.
MB Trading Earns Top Rating in Barron’s 2009 Review of On-Line Brokers
MB Trading (“MBT”), a technology-driven, low-commission brokerage specializing in order routing in securities including Equities, Futures, FOREX, Bonds, and Options through various global exchanges, earned the highest rating given of 4.5 out of 5 stars in Barron’s 2009 Review of... - March 19, 2009 - MB Trading
What to Know if Bankruptcy is Imminent. 6 Tips from Ethan Ewing, President of Bills.com to Help Consumers Prepare.
With bankruptcy filings increasing, Americans who face serious financial difficulty should consider all of their options before taking action, said Bills.com president Ethan Ewing. - March 19, 2009 - Bills.com, LLC
In The Economic Downturn, Working Parents Look For Affordable, Quality Childcare Options
Leading au pair agency launches a promotion to help families burdened with finding affordable childcare. AuPairCare introduces families to a live-in childcare solution that doesn't immediately come to mind for many U.S. families and is much more affordable than daycare or other live-in nanny options. - March 17, 2009 - Intrax Cultural Exchange
Long Island Foreclosures Increase 69% Over February 2008 Says PropertyShark.com Report
Long Island Foreclosure Report Issued by PropertyShark.com for February 2009 New foreclosures in Long Island totaled 324 in February 2009, increasing 26% over January 2009 (257) and 69% over February 2008 (192) Says PropertyShark.com. - March 17, 2009 - PropertyShark.com
Capital Options, Inc. Starts New Credit Repair and Credit Consulting Service
Remove negative items from your credit report. - March 14, 2009 - Capital Options Inc
Personal Finance Executive Talks About Cost of Consumer Debt Relief
Consumers ultimately pay for non-profit as well as for-profit debt relief options. - March 14, 2009 - National Financial Awareness Network, Inc.
The Financial Crisis Opens Opportunities for Tax Relief to Burdened Americans
The current recession offers the best opportunity for individuals and businesses to address their tax issues and effectuate a tax settlement with the IRS. The Internal Revenue Service has announced its willingness to resolve and settle delinquent tax accounts; this will help those taxpayers... - March 13, 2009 - Mike Habib, EA Tax Relief Services
Consumers in Debt Find Hope During Troubled Economy
Despite downward turn in the economy, many consumers may be able to avoid bankruptcy if they qualify for debt settlement. - March 12, 2009 - Debt Shield, Inc.
Two Year, No Questions Asked, Buy-Back Guarantee - A Developer, Taking the Fear Out of Buying, is Selling Real Estate
The Kopley Group is selling their Real Estate despite one of the slowest markets on record. They are doing it by letting their home owners have a change of heart any time during the 24 months after closing. And, the results are amazing. - March 11, 2009 - The Kopley Group, Inc.
Jackson Hewitt – Four Corners Serves Up Tax Savings for Area Food and Beverage Workers
Participating Locations in Silver Spring Four Corners Offer Discounts for Food and Beverage Workers from March 9 through 15. - March 11, 2009 - Jackson Hewitt Tax Service - Four Corners
Bills.com: New Federal Reserve Report Can Inspire Consumers to Give Credit Card Debt the Heave-Ho
Bills.com: Paying off consumer debt can give your budget a kick - March 11, 2009 - Bills.com, LLC
Primerica Presents Four Tips for Weathering a Recession
The current economic downturn has many families worried about losing their job, struggling to keep up with bills and worried about the future. Primerica, an industry leader, presents four tips to help families’ finances weather a recession. - March 11, 2009 - Primerica Financial Services
Is Now the Time to Refinance?
Bills.com, suggests homeowners consider the pros and cons of refinancing in their situation before they sign up for a new deal on their home loan. - March 08, 2009 - Bills.com, LLC
New Tax Law Changes Can Help Taxpayers Save Money Jackson Hewitt – Four Corners Highlights Changes That May Spell Tax Time Savings for Maryland Taxpayers
Jackson Hewitt Tax Service® - Four Corners office encourages taxpayers to find out how these new tax credits and deductions can help lower their individual tax liability and possibly put more money back in their pockets this tax season. - March 08, 2009 - Jackson Hewitt Tax Service - Four Corners
It' All About the Price
Will we ever see "Once upon a time again" in real estate and lending? What (or who) really caused this global-pandemic-economic crisis? Up until now, all of the actions from Washington, D.C., have been treating the symptoms. So when do we address the real problem of reduced prices? What can we do to stimulate prices? Are we there yet? Or does this go on and on? - March 06, 2009 - Stewart Title of Nevada Holdings, Inc.
Jackson Hewitt® Four Corners Offers Insight on Itemizing Deductions on 2008 Tax Returns
To ensure consumers get the most out of their tax return this tax season, The Jackson Hewitt - Four Corners office, offers advice on determining when to itemize deductions. “Itemizing on a tax return is not just for homeowners seeking to deduct mortgage interest and property taxes,”... - March 06, 2009 - Jackson Hewitt Tax Service - Four Corners
Jackson Hewitt Tax Service – Four Corners Urges Taxpayers to be Aware of Commonly Overlooked Deductions
In this economy, every dollar counts. Jackson Hewitt Tax Service® - Four Corners office urges taxpayers to be aware of the most commonly overlooked deductions that may help increase their refund or keep more money in their pockets this tax season. “One way to help maximize your dollars... - March 06, 2009 - Jackson Hewitt Tax Service - Four Corners
Jackson Hewitt® Four Corners Celebrates Tradespersons, Maintenance, Construction and Union Workers with Occupation-Related Tax Savings from February 25 Through March 8
The Jackson Hewitt - Four Corners office, celebrates laborers, maintenance and construction workers today through Sunday, March 8, 2009, when participating Jackson Hewitt locations will offer mechanics, welders, electricians, plumbers, truck / bus drivers, maintenance, construction, Union workers... - March 05, 2009 - Jackson Hewitt Tax Service - Four Corners
Debt Shield Donates to the Humane Society
An award-winning debt settlement company benefits the Humane Society. - March 05, 2009 - Debt Shield, Inc.
Bills.com: Stimulus Plan Provides New Options for Laid-Off Americans
Ethan Ewing, president of free online consumer portal Bills.com, has nine suggestions for those who have been laid off to understand their best actions, as well as how the stimulus law aims to help. - March 04, 2009 - Bills.com, LLC
Survive The Recession – Be E.I.
The following press release informs individuals how-to survive the worst recession since the great depression. - March 01, 2009 - E.I. Enterprise LLC
Record Data Breaches, Consumers Urged to Safeguard Identity
As data breaches and reports of identity theft soar, so does the need for consumers to know what is being reported to their credit files. - March 01, 2009 - National Financial Awareness Network, Inc.
March is "National Use Your Gift Card Month"
Today, Americans are sitting on billions of dollars that may never be spent! Yes, hidden billions squirreled away in dresser drawers, wallets and envelopes that were given to loved ones to buy their most dreamed of gifts. $7.5 billion - that is the amount retailers estimate was spent on gift cards... - February 27, 2009 - Gift Idea Center
Credit Repair Company Stresses the Importance of Maintaining Good Credit Scores in Our Current Economic Situation
Ovation Credit Services Urges People with Poor Credit Scores to Take Action Now. - February 26, 2009 - Ovation Credit Services, Inc.
Unemployed May Recover 401k Losses from Their Employer
Research reveals a hidden “loophole” in government regulations that may allow (un)employed workers to recover financial losses in 401K plans from their (ex)employers. - February 26, 2009 - Foundation for Financial Freedom
Bills.com: New Budget Plan Helps Make New Year Resolutions Possible
A few weeks ago, many Americans created New Year's resolutions that revolved around their money -- and now Bills.com president Ethan Ewing is offering five ways for individuals to create a budget that can make those resolutions stick. "A spending plan is also known as a budget," Ewing... - February 22, 2009 - Bills.com, LLC
Freedom Financial Network Partners with Glow Foundation
Freedom Financial Network LLC (FFN), and Glow Foundation have launched a partnership to help high-potential, under-resourced high school students in the Bay Area bridge the gap to college education. - February 21, 2009 - Freedom Debt Relief
Consumers Urged to Comment on Bank Overdraft Rules Before March 30
Banks can currently enroll consumers in expensive automatic overdraft protection services without active consent. The Federal Reserve is calling for public comments on proposed rules designed to curb this practice. - February 19, 2009 - National Financial Awareness Network, Inc.
Prosper Inc. Announces Partnership with Debt Elimination Guru JJ Childers
Prosper, a distance education company based in Utah, has partnered with debt elimination expert JJ Childers to offer his expertise in one-to-one mentoring programs. - February 19, 2009 - Prosper Inc.
Debt Shield Executive Warns Consumers About CCC Limitations
Statistics confirm that credit counseling cannot help many consumers with overwhelming debt. Debt settlement company CEO alerts consumers to the restrictions and limitations of credit counseling. - February 19, 2009 - Debt Shield, Inc.
Bills.com: Alternative to Filing Bankruptcy Due to Medical Expenses
Bills.com Comments on Harvard Study Citing High Medical Expenses as Cause for High U.S. Bankruptcy Filings. - February 19, 2009 - Bills.com, LLC
PTI Securities & Futures LP Announces 2008 Results for Its Protected Index Program®
PTI Securities & Futures L.P., a leading Chicago-based securities and money management firm, announced today that its S&P 500 Protected Index Program® had a 4.94 percent loss for the year ending Dec. 31, 2008. This compares to a 36.52 percent loss by the S&P 500 Index for the same... - February 18, 2009 - PTI Securities & Futures LP
London and Country Customers Save £5.9m in Broker Fees
L&C Mortgages, the UK's largest mortgage broker has calculated that its commitment to no fee, whole of market broking saved its customers at least £5.9m in broker fees in 2008. - February 18, 2009 - London & Country
Job Postings Decline in All Industries; Education and Healthcare Jobs Fare the Best
Indeed.com releases Industry Trends to help job seekers and employers navigate the job market. - February 17, 2009 - Indeed Inc.
Newly Released Living Budget Pro 2009 Offers Budgeting Help for People Struggling in This Economy
This slow economy is causing people to rethink their spending, and develop budgets to weather the storm. Unfortunately, budgets and budgeting programs have not been an overriding success for individuals, and have caused some to shy away. Living budgets provide a new level of visibility making it easier for individuals to see their income potential, and thusly set achievable goals. - February 14, 2009 - CLB Systems LLC
Confessions of a Smart Shopaholic
Price!pinx (www.PricePinx.com), an online social shopping service, launched the Smart Shopper initiative to collect shopping and money savings tips from shoppers. All tips collected will be featured on Price!pinx and also published on a popular social-blogging site. - February 13, 2009 - Price!pinx
Place Trade Financial Celebrates Seven Years in the Triangle
Sarah M. Place, President & CEO of Place Trade Financial, Inc., [Member FINRA, SIPC], (www.placetrade.com), a global full service financial services and online trading firm, announced that the firm is celebrating seven years in the Triangle along with plans to increase the number of Financial... - February 13, 2009 - Place Trade Financial, Inc.
BPE Coaching Launches Money Coaching Service in Dorset
Money Coaching – a tool to help people make the most of their money during the recession and beyond. This service is being launched by BPE Coaching in Weymouth, Dorset, UK. - February 13, 2009 - BPE Coaching
Los Angeles Foreclosures Down 49 Percent from December 2008; Miami Foreclosures Increase by 58 Percent and New York City by 64 Percent Says Propertyshark.com Report
In the January 2009 Foreclosure Report by PropertyShark.com, Los Angeles foreclosures were down 49% from December 2008, Miami foreclosures increased by 58%, New York City by 64%, and new scheduled foreclosures in Seattle spiked 300%. - February 11, 2009 - PropertyShark.com
Fair Debt Collection Laws Protect Financially Struggling Consumers
Unemployment spells financial distress for consumers and more unpaid credit card accounts. As creditors turn accounts over to debt collections, consumers need to become aware of fair debt collection laws to guard against abuses. - February 11, 2009 - National Financial Awareness Network, Inc.
Primerica Urges Clients to Get Proper Insurance Protection
In today’s uncertain economic climate, the last thing families need is to be financially vulnerable. Homeowner’s insurance and life insurance are two key areas that many clients overlook or undervalue. Primerica, a financial services industry leader, encourages clients to review their coverage to make sure their homes and income are adequately protected. - February 11, 2009 - Primerica Financial Services
Financial Health Expert Says Pass Your Own Stimulus Package
Financial health expert Simone Craig says, "Pass your own stimulus package in your home." Assess your personal financial situation during this time of international financial crisis, work with your family and creditors to set realistic financial goals and make a plan to improve it. Face the emotional aspect of financial crisis. - February 08, 2009 - Financial Health Solutions
Debt Shield Saves $17 Million for Clients in 2008
Consumers saved $17 million in 2008 with Debt Shield, an award-winning debt settlement company. - January 31, 2009 - Debt Shield, Inc.
New Social Trends Are Calling for Retirees to Begin Planning Ahead Sooner
Retirement in the 21st century is a new concept. The transition from full time work to full time retirement is a stage in life that may take many years. It is time to start imagining your life with a thirty year bonus. Certified Retirement/Life Coach Maurine Patten shares the five common risks of retirement and how to avoid them. - January 31, 2009 - Patten Coaching
Debt Shield Celebrates National Mentoring Month with Big Brothers Big Sisters
Debt Shield employees participate in Big Brothers Big Sisters mentoring program. - January 31, 2009 - Debt Shield, Inc.
State Farm Florida Clients Are Welcome at Cannella Insurance Services, Inc
Cannella Insurance Services, Inc of Tampa is ready to welcome all State Farm clients effected by State Farm’s recent announcement to non-renew property policies in Florida. Owner, Joseph Cannella stated, "This announcement has prompted us to ramp up or quoting capacity." As for... - January 30, 2009 - Cannella Insurance Services, Inc.
New Mortgage Website Answers Over 200 Questions That Consumers Have Regarding All Aspects of Home Financing
The mortgage landscape is changing daily, so much so, that many people, including those that may want to inquire about financing are hesitant, or intimated to, thinking that their options have all but gone away. Martin Sloan, Loan Officer with Lake in the Hills based Milestone Mortgage, after... - January 30, 2009 - Milestone Mortgage
SDJB Explains Business Model for Buying and Selling Used Jewelry, Watches, and Diamonds
San Diego Jewelry Buyers (SDJB) has issued an explanation of its customer service and business model for buying and selling pre-owned luxury items. - January 28, 2009 - San Diego Jewelry Buyers