New local city search function was just launched at Cash Advance Reviews.  This new search will give users the ability to find local cash advance stores in there area, as well as local laws and resources for each city and state.  The new search function is build on a zip code search, which makes it more customizable and relevant for those that are searching because viewers can search the exact area they want, rather by state or even city.
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I was reading a great article today about how short term loans work and what are some good things to do know about them.  The following is a short excerpt from the post as well as a link to the full story to learn more about how short term loans work, or how payday loans work.

Even in today’s economy there are still places where people can get financing and loans pretty easy, but they have to be aware of how loans work and what the pros and cons of getting short term loans, or often called payday loans or cash advances.  The following are some facts about these loans, as well as some insights on how they work and what are the best ways about getting
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There have been many new laws and regulations either proposed, passed, in or in debate over short term loans, often called payday loans.  Many of the people that are bringing up the new laws and debate say that these loans lead to a ‘cycle of debt’ that cannot be broken and eventually lead people to bankruptcy.  However, contrary to popular belief, and to those that are trying to bring this debate to light as well as give it merit, short term loans do not lead to a ‘cycle of debt’ and that they don’t lead to bankruptcy.

A recent study that was conducted over a 6 year period from 200o to 2006, using state data from 1990 to 2006, by Clemson University and others, concluded that short term loans are not the cause of bankruptcies. 
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I read a blog post today that was so incorrect that I had to write a comment about it.  The blog post was trying to say how payday loans are bad for people, yet they were putting affiliate links on the post to get a payday loan.  How hippocritical can a person be to say that they are bad, and then turn around and promote them to make money on it.
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Despite its association with death, taxes aren’t always that bad. A few of us even get quite a bit of money back come tax season. And at the very least there are ways to curb the eventual April blow by planning ahead. Oftentimes, the ways in which people can offset taxes are financially beneficial as well. As cumbersome as tax planning is, there are a few basic ways you can learn to save before you’re pouring over old receipts at the 11th hour…

Taking a Bite Out of Tax

1. Reduce Your Adjusted Gross Income (AGI) – While parting with hard earned money in any form is difficult and frustrating , setting a portion of your income aside into tax deductible plans will help soften the ultimate tax blow. The reality though, at least the taxable reality, maintains the more one makes, the more the government taketh away.
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Saving for your Financial Future Avoids Credit Repairs

We have heard it throughout our lives: “save, save, save”, but in this day and age, putting money into a savings account is not necessarily the way to ensure your financial future. What you need to do is get your money to work in making more money for your future. The options for making money are endless. Today, just placing your money into a savings account and let it accrue some interest will not increase your savings. If you want to make sure that your financial future is secure, you must look into other options such as CDs, stocks and bonds, mutual funds and other types of investments including real estate options. These options will bring you a greater return of money into your pocket.

You can never start too early when planing for your financial future. In fact, the earlier you start, the more likely you are to be able to reach your overall financial goals. But, sometimes getting started is the hard part. If you are having trouble deciding what would be the best way to invest your money, then talking to a financial planner is a must. A good financial planner will inform his or her clients of the investment opportunities available.
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Personal Loans Versus New Line of Credit

No matter the time of year, holidays or not, the need for additional money may arise. While there are several ways to obtain this extra money, two of the most common ways include opening a new line of credit and taking out a personal loan from a bank. The question posed in this article is – between the two, which is more advantageous? Read on to find out!

Before understanding which is better between a personal loan and new line of credit, it is important to define the two terms as they are closely related. A line of credit is where you have an agreement with a company to borrow a specific amount of unsecured credit for a specific period of time. This amount of money is available for use at any time as long terms of the agreement are met.
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Need Better Credit?

Getting an Easy Qualify Credit Card Might be the Answer

Mary is an average American. She works to pay the bills and her credit score is just like that of millions of people across the United States, mediocre. She would like to boost her credit and repair the damage that was done during her younger credit years. She has looked into all the different options including credit counseling, opening another easy qualify credit card and even considering working with companies that promise to quickly fix her credit score. She does not want to be in debt the rest of her life, but at the same time, she would really like to reestablish her credit rating. How can she accomplish this?
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Payday Loans Without A Paycheck or Job

Yes, you are reading the headline right.  How can lenders give payday loans without a paycheck or job?  That is exactly what is happening in North Carolina.  NBC news affiliate WCNC is reporting that they investigated over a dozen payday loans lenders that are on a single street in Charlotte North Carolina and all of them said they would give a payday loan to a person who has an unemployment check.  This means that a person who is not working and does not have a job is able to borrow money, and they are getting cash based on the limited income they receive for unemployment.

The report then went to the state laws to see if it was legal or not, and to their surprise it is completely legal.  Which means a person doesn’t even need to have a paycheck to get a payday loan.  Not sure if this is the right thing or not, but certainly needs to be looked into more. 
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Should States Continue To Increase Loan Regulations

There has been a lot of news out over the past few weeks regarding the loan industry, and in particular the short term loan industry.  These loans cover cash advances, short term loans, personal loans, online payday loans, and other forms of credit that have a short time frame for paying back.

Often these loans have higher interest, but that is because they have less payments and a shorter time frame to pay back. This means that the company that is providing the loan can only make a limited amount of money on lending the credit to individuals. Unlike credit cards and other forms of long term loans where the interest may not be as high, but there are more payments and over the course of the loan a person is paying back much more money than they borrowed.
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Short-term Loans versus Credit Cards

There has been a lot of reports out over the past few weeks about the short-term loan industry and the new laws and regulations that many states have been putting on the books.  In most cases there restrictions are put into place to do two things.  One, is to protect consumers from what is called predatory lending practices, and the second is to protect the state from lawsuits and bailouts.  However, the first reason is somewhat short sided and is only looking at one industry, while trying to say it’s protecting people from predatory lending.  However, the big gripe that I have is where are the restrictions and protection for people against predatory lending in credit cards.

Credit card companies to me are worse than short-term loan companies.  There are few reasons for that and I’ll explain them below in detail.
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State Laws Moving In On Payday Loan Industry

Over the past year or so there have been many new regulations introduced into state laws regarding payday loans, short-term loans, and cash advances.  Often these regulations and laws are put into place to help protect consumers, as well as to set up oversight on the industry, and in some cases even produce additional  revenue for the states.  However, some states have put laws into effect only to realize that they’ve created loopholes that not only help the industry to continue operating with business as usual mentality, but even hurt consumers in some cases because the lenders moved their practices into open-ended loans where there weren’t as tough of regulations as the payday loan industry.
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