Taking the banks out of the equation, some consumers are turning to sites like LendingClub.com or Prosper.com to get the money they need from people they don’t even know.
A Tri-Valley couple who turned to a popular debt settlement company based here in the Bay Area for help says they’re now worse off than when they started.
Netflix shares on Tuesday plunged to their lowest point in more than 20 months.
A growing number of college graduates are having trouble paying their student loans. Defaults are up dramatically, and some experts think it’s going to get worse as the economy continues to struggle.
State Treasurer Bill Lockyer on Monday said there’s no reason the ratings downgrade of the federal government will have an immediate effect on California but cautioned the state is still on the mend.
Governor Jerry Brown said the country is in a perilous time and needs strong leadership to fix mounting problems facing legislators in both Washington and Sacramento.
Funding for high speed rail, which remains uncertain, could be further jeopardized by the budget deal that avoided default.
The debt plan’s details are minimal at this point, but it would add to the nation’s debt limit in a two-part package, while slicing $1 trillion in federal spending over the next decade.
An interview with Consumer Action’s Joe Ridout on the many issues facing consumers these days, including credit, privacy issues and protecting yourself from scams.
The U.S. Treasury Department said on Thursday that Washington now has a total operating balance of only US$73.768-billion. Apple currently boasts a cash reserve of $75.876 billion.