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Loans

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Top Loans Articles

Displaying items 56-66
  • Let's review a few 401 (k) basics

    When AOL CEO Tim Armstrong made a splash recently about changing (and then not-changing) the 401(k) corporate matching policy, the focus was on his rationale for the new policy. He blamed costly "distressed births" of two AOL employees ($1,000,000 each)...
  • Gansler supports commuter discount on ICC

    Gansler supports commuter discount on ICC
    Attorney General Douglas F. Gansler, running for the Democratic nomination for governor, proposed Friday that the state give commuters a break on the tolls on the Intercounty Connector in the Washington suburbs. Gansler's campaign issued a statement and...
  • Regulator accuses ITT for-profit college chain of predatory lending

    [Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.] In its first action against a company in the for-profit college industry, the federal Consumer...
  • Beware debt relief scams

    After my recent column on financial priorities for the New Year appeared, I heard from a reader with $55,000 in credit card debt. She said that her options were limited for paying off the debt and asked about using debt relief services. "Will that destroy...
  • Loophole in credit law opens door to 360 percent interest rate

    Loophole in credit law opens door to 360 percent interest rate
    When Pauline Honey, then 95, moved back to Virginia so her grandson could help care for her, the bill was more than her family expected. So to tide her over, she took out what she thought was a payday loan. Honey and her grandson, Randy Morse, thought a...
  • Farmington Bank Quarterly Profits Fall Sharply

    First Connecticut Bancorp Inc. said profits fell sharply in the fourth quarter, as higher mortgage rates slowed down home loan refiancings. Net income at the parent of Farmington Bank in the quarter ended Dec. 31 was $1.1 million, or 7 cents a diluted...
  • Battle Of Tax Cuts As Session Opens Wednesday

    Battle Of Tax Cuts As Session Opens Wednesday
    HARTFORD — The battle over tax cuts and rebates will take center stage Wednesday when the 2014 General Assembly session opens in a year when the governor and the entire legislature are up for reelection. Like Republican John G. Rowland in 1998,...
  • Friendly sales pitch can't hide payday loans' unfriendly rates

    Friendly sales pitch can't hide payday loans' unfriendly rates
    The letter that recently arrived at homes throughout California and other states features a picture of Sylvester Stallone in "Rocky II" training for another shot at greatness. "As you're making your financial comeback," it says, "we want you to know...
  • Netflix to Raise $400 Mil in Additional Debt to Fund Original Content, Euro Expansion

    Netflix formally announced it is seeking to offer $400 million aggregate principal amount of 10-year senior notes due 2024 to institutional investors, coin it expects to use for acquiring original content and expanding into Europe. The Internet streaming...
  • Local banks jockey for new customers

    Local banks jockey for new customers
    Central Florida's financial institutions are jockeying for position in what could be the banking industry's most competitive year yet since the end of the Great Recession. With many businesses investing in expansion, consumer confidence strengthening...
  • Use Projected State Surplus To Pay The Debt

    It looks as if Gov. Dannel P. Malloy's fiscal luck is finally turning after starting his term several billion dollars in the hole with somebody else's deficit. A record tax hike pushed by Mr. Malloy three years ago, a booming stock market that has...