Tags » Banking

Cage Payday loan sharks

You’ve seen them I’m sure. Storefronts in largely low-income neighborhoods with flashing signs saying get quick cash or something similar. They’re companies that provide a one-time “quick fix” consumer loan to those short on cash. 370 more words

Credit card interest rates are too high but we only have ourselves to blame

If the Reserve Bank’s official cash rate is 1.5 per cent and you can borrow for a home at 4.4 per cent, why are credit rates as high as 21 per cent? 15 more words


Brexit May Lose UK Banks Passporting Rights Across EU Countries

The head of Germany’s central bank has warned that London’s position as a financial centre would be dealt a severe blow if the UK left the single market because banks would be denied the right to operate across the 27 remaining members of the EU. 187 more words


Iran Introduces Credit Cards For First Time

Iran introduced credit cards for the first time on Sunday, the Iranian Students’ News Agency (ISNA) reported.

Iran is looking to bolster its oil production and economy after world powers in January lifted sanctions against the Islamic Republic in return for Tehran complying with a deal to curb its nuclear ambitions. 70 more words


Remembering Cool: Resharing Some Posts for an Old Friend

A few days ago I learned that a friend from my college days died.

Sue was one of the heroes in a two-part comedy story I did about my awkward time working in a grocery store bank. 260 more words