June, 2010
Online credit card scam took millions with just pennies at a time
An online credit card scam that stole millions of dollars was halted by the U.S. Federal Trade Commission. The online credit card scam used identity theft to steal small amounts of money that went undetected by consumers or fraud detectors. Over four years, a lot more than a million people were charged anywhere from 25 ...
UK Office of Fair Trading votes down idea of payday loans no faxing cap
Payday loans no faxing laws – specifically capping rates – is nothing new to American political theater. However, not all countries that allow personal loan company to serve consumers in need of easy cash loans are so eager to institute a rate cap that could stifle the natural price controls present within a free market ...
With low retail sales, the rising consumer confidence calms volatile stocks
Retail sales dropped in May, and the stock market dropped along with the data delivered by the Commerce Department retail sales report. Stock market volatility is normal now. The stock market rose at the end of the day Thursday before reversing direction early Friday when the May retail sales report was released. A schizophrenic market ...
Electrical Control Units with your car and you
Within the late 1970s, the first automobiles with microprocessors were built by General Motors. Vehicular innovation since then has come mostly from the use of these electronic control units. Electronic control units are growing in use in vehicles – so it is important to understand at least their basics.
The Basics of an Electronic Control Unit
Simply ...
As a result of credit reform, credit card offers are more deceptive
Just because there's been a credit card reform doesn’t mean that consumers can relax. Now people need to be wary more than they ever have before. The credit card reform act of 2009 is cutting into some of the more underhanded credit card scams from financial institutions. So now those institutions are just trying harder ...
