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A look at the proposed consumer financial watchdog (AP via Yahoo! Finance) |
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A look at Obama's proposal to create a Consumer Financial Protection Agency: --The agency would oversee products used by consumers such as mortgages, credit cards, payday loans and terms on savings accounts.
Helpful finance tips, or sneaky payday loans ad? (MSNBC)
The owners of Econ4u.org, which offers financial advice, say it has a straightforward, noble mission: to "teach important economic concepts." But while the site offers plenty of useful money basics, there is one oddity: information on controversial payday loans is unusually positive.
Worrying rise in residents behind on credit payments (Hamilton Spectator)
(Jul 4, 2009) - More and more Hamiltonians are falling deeper and deeper into debt.
Banks Fight Obama's Protection Agency Pitch (HispanicBusiness.com)
Banks and mortgage lenders are placing top priority on killing President Barack Obama's proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday loans and other forms of consumer finance.
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