Warning on loan brokering scam hits readers nationwide
A reader details a September ad promising 24 hour loan funding for a $57.80 processing fee. The Cheyenne Wyoming address turned out to be a mail drop. the company disappeared November 5 1999. Postal Inspection Service and state securities divisions are urged for action.
MENTIONED IN THIS ARTICLE
Cheyenne
Wyo
Better Business Bureau
Wyoming
Postal Inspection Service
Colorado
Clockwork
Money market yields rise as funds extend maturity
The seven day average yield on money market mutual funds climbed to 5.14 percent in the week ended Tuesday from 5.11 percent, with the 30 day average at 5.13 percent up from 5.07 percent. The seven day compounded yield reached 5.28 percent and the 30 day compounded yield 5.26 percent as fund portfolios averaged 45 days maturity. Bankrate and Bankrate.com reported steady or slight changes in yields for CDs and savings accounts.
MENTIONED IN THIS ARTICLE
New York
IBC
Money Fund Report
Ashland
Mass
IBC Financial Data Inc
IBC Financial Data
Money Funds
Rate.com
Savings and Loan Associations
Credit card debt rises as Fed raises rates again
The Fed boosted the federal funds rate to 5.75 percent in a fourth rise since June, followed by banks lifting prime rates to 8.75 percent. Consumers face higher interest on revolving debt as the era of rising borrowing costs dampens card use and overall debt growth.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Federal Reserve
U.S
Fed
Consumer Federation of America
Gerri Detweiler
Debt Counselors of America
Detweiler
Spencer Nilson
Nilson
Oxnard
Calif
Stephen Brobeck
Manage debt with budgeting and creditor plans
If you struggle with heavy debts, budget income and avoid impulsive purchases. Pay only what you can, cut expenses, and contact creditors to arrange a payment schedule. Use savings or assets to lower high interest debts and seek eligible government or private aid, including unemployment benefits.
Donating Property Worth How Much for Tax Deductions
The IRS limits charitable deductions to the fair market value of donated property. Valuation varies by item condition and market demand. Use Form 8283 to declare how you determined value and consult resources like Publication 561 and thrift resale guidance for realistic figures.
MENTIONED IN THIS ARTICLE
New York
Internal Revenue Service
IRS
Irs.gov
John Roth
CCH Inc
Roth
Small cap funds struggle as stocks outgrow small cap labels
New York AP reports fund managers overseeing small cap mutual funds face selling pressure as fast rising tech and SDL Inc push firms out of the small cap category. Investors pay taxes on gains while managers lament selling their top performers.
MENTIONED IN THIS ARTICLE
New York
Phil Fine
Loomis Sayles
Take Sdl Inc
Fine
Also Mentioned on This Page
KAT
Woman
Virginia B. Morris
Kenneth M. Morris
AKAT
Susan Bondy
Susan
Gazette
Third Ave
Cedar Rapids
Iowa
Gti
Bondy
North Palm Beach, Fla.based
Intelligent Life Corp
Bankrate.com
Sylvia Brim
CPA
CFP
Brobeck
Judy Trible
Nolo.com
Heartland Investment Associates
Nasd & Sipc
Marion
Iowa City
SDL Inc
SDL
Call Cityline
Carol Sanderson
6Th St
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