Wells Fargo, Credit Suisse Financing Payday Lending Growth
By on December 16, 2011

(Courtesy rinkjustice on Flickr) On a cold October morning at a suburban hotel ballroom in Chicago, a representative from payday lender ACE Cash Express took to the stage to give a carefully worded presentation about payday loans and how they could be used responsibly as part of a customer’s financial toolkit. As a sponsor of […]

Why Did American Airlines File for Bankruptcy?
By on November 29, 2011

It’s no secret that the cost of flying has skyrocketed. Fliers see it in their ticket prices, increased fees and a lowered level of service. But when one of the nation’s largest airlines decides to file for bankruptcy, it raises a lot of eyebrows about the state of industry. Let’s break down American Airlines’ bankruptcy […]

Black Friday Violence: Why the National Retail Federation is to Blame
By on November 28, 2011

Screengrab from dchadd427’s video on YouTube. Incident showing a man being taken down by police in a Buckeye, Arizona Wal-Mart. Another year, another Black Friday marred with violence. The shopping stories that surfaced these past few days sounded like they were written for a bad horror movie.  A grandfather bloodied by an off-duty police officer, a […]

America’s Cheapest Smartphone Plan a Smart Buy?
By on November 9, 2011

(Courtesy of Republic Wireless) A little-known communications company rolled out a $19 unlimited everything monthly smartphone plan yesterday. You read that correctly, unlimited minutes, texting and data for $19 month with no contract. Republic Wireless is hoping to blow the competition out of the water by dropping the price of smartphone service 50% below the […]

What’s Wrong With the Post Office?
By on October 25, 2011

(Courtesy USPS) What’s Going On? Last week, the U.S. Postal Service announced that it would raise first-class stamp prices to 45 cents on January 22, 2012, a one-cent increase. It’s the first rate increase in over two and a half years. Prices on other mailed items will increase as well: • Letters (1 oz.) – […]

Score 50% Off Fines on Old California Traffic Tickets
By on October 13, 2011

California’s bad financial situation is good news for 6 million golden state drivers. If you never paid off that old traffic ticket (pre-2009), the State of California is offering you a limited-time deal: pay within the first half of 2012 and they’ll knock up to 50% off the fine. (Courtesy Richard Masoner / Cyclelicious on […]

Netflix/Qwikster Spin Off is…a Good Thing?
By on September 23, 2011

In July, I argued that the previously announced Netflix price increase is a good thing. And boy, did I get some negative feedback on that video. Well, I’m back for round two and it’s Netflix/Qwikster versus its customers. And you can bet I’m taking Netflix’s side in this battle. (If you haven’t read the details […]

The Downside to Anti-Price Gouging Laws During Disasters
By on August 26, 2011

With Hurricane Irene nipping at the heals of our nation’s capital, the Big Apple, and all along the eastern seaboard, people are lining up for storm supplies and gasoline in order to sustain themselves until the storm passes. Gas Price Gouging. Courtesy of lifeontheedge on Flickr. But another seemingly insidious problem often rears it’s ugly […]

Wells Fargo Announces New $3 Fee to Use Debit Card
By on August 17, 2011

Wells Fargo announced that it would start charging a $3 monthly fee for some customers to use their debit card. Customers in Georgia, New Mexico, Nevada, Oregon, and Washington were notified by mail and can expect to be a part of this test starting October 14. The monthly fee will be charged anytime the card […]