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Payday Lenders Go To Court In Attempt To Keep Working With Banks

The payday lending industry claims that recent regulatory efforts to rein in short-term, high-interest loans have severely restricted their access to traditional banks. Now a trade organization ... “P... read more

The Dos and Don’ts of Paying a Debt Collector

And watch out: money transfers are the preferred payment method for scammers, warns the Federal Trade Commission. In a consumer ... the credit and collection industry trade group ACA International. Ke... read more

FTSE 100 and Wall Street both higher as traders await US trade talks with China

Kraft said it was co-operating fully but did not expect a material impact on profits, although it has already racked up US$25mln of costs due ... consumer of raw materials and metals, and that a trade ... read more

Weekly Commentary: Canary In The Credit Market's Coal Mine

Tighter Credit conditions pressure GE and other borrowers that have for years feasted on the loosest finance ever. Heavily levered companies will face ... on leverage as well as a trade war with the U... read more

Big Banks May Lose $185B in AWOL Customers

The 10 biggest U.S. banks could lose up to $185 billion in assets due to customer defections in 2012 ... Given the recent wave of consumers switching to credit unions, the big banks certainly have rea... read more

When Should You Consider Bankruptcy?

When you find yourself struggling with debt, you’re no doubt searching for solutions. But the one you avoid — bankruptcy — may be the one you need the most. Here are four signs you should consider ban... read more

The Morning Ledger: Manufacturers Scramble for More Cyber Insurance

For years, cyber insurance was purchased mostly by consumer ... claim, raising the risk for CFOs. China overseas M&A drops after last year’s record high. Chinese M&A has suffered setbacks due to regul... read more

Email Attack on Vendor Set Up Breach at Target

The breach at Target Corp. that exposed credit card and personal data on more than 110 million consumers appears to have ... “Only the vendors in the highest security group — those required to directl... read more

How British Firms Built a Pyramid Scheme in China That Lost Millions

Chinese law enforcement authorities now say it was a pyramid scheme ... the claims were civil suits; other former investors are among the 23 people whom police want to arrest. Many have fled the count... read more

Fox Networks Warns of Blackout in Charter Negotiation Showdown (EXCLUSIVE)

Fox Networks Group is ... between the two companies on a new carriage agreement have stalled. Sources tell Variety that Fox will begin running an ad campaign Thursday evening informing Charter’s Spect... read more

Elevate Credit: Significant Downside Potential On Mispriced Risks

Elevate Credit, Inc. is an online credit solutions provider operating in the US and UK. It is a 2014 spin-off of Think Finance, Inc. ("TFI"). The company specializes in non-prime consumer ... the data ... read more

FTSE 100 closes higher on trade talk optimism; miners big winners

News emerged that City veteran Sir Gerry Grimstone is to step down as a director of the group and as ... is the world’s biggest consumer of raw materials and metals, and that a trade truce with the US ... read more