Court docket: Assaults, theft, fraud all in a days work for the judge

    July 30th, 2015

    It was a busy day in Fairview Provincial Court July 22 with Judge Shynkar presiding.

    Bamp;E, theft and threats

    Barrie Mark Roe was charged with break and enter, theft under $50 and uttering threats.

    The court heard he had called his mother and threatened to kill her, slit her throat.

    (The accused corrected the record saying the threat was directed at his mothers male friend who controls her and is the reason I havent been able to get my dog for five years.).

    He then went to the house, and took two dogs, one of which belonged to him, the other did not.

    He pleaded guilty to the first and third charges, telling the court, I apologize. I went overboard...

    Credit scores: what you should know as a college student

    July 30th, 2015

    It is no secret that during this time in our lives, we experience a lot of transitions and one of the most important that occurs is our shift into adulthood. To some, being an adult only means taking care of yourself without receiving help from others and while that seems like an easy thing to do, it is essential to consider if you are in the proper position to do so.

    For example, some of the vital things to possess as a grown-up includes a car, a place to call your own, and a job among many others, but one aspect often overlooked by college students is the value of credit scores.

    Department of Defense Issues Final Military Lending Act Rule

    July 30th, 2015

    by DoD News

    7/23/2015-WASHINGTON–After nearly three years of study, the Department of Defense today issued the final Military Lending Act (MLA) rule.

    The MLA better protects our service men and women from predatory credit practices by expanding financial protections provided to service members, and helping ensure military families receive the consumer protections they deserve. These actions build on the presidents announcement during a speech at the Pittsburgh chapter of the VFW of a voluntary partnership with financial lenders across the country to help deliver important financial and home loan-related protections to our military community.

    With this action, the department...

    Big banks are still cranking out auto loans but Americans are taking longer to …

    July 30th, 2015

    Banks are still lending more cash to support the auto industry.

    However, consumers are beginning to show signs of strain. In Wells Fargos earnings report, the bank revealed that the percentage of auto loans due for more than 30 days increased. 

    When Wells Fargo and JPMorgan reported earnings results Tuesday morning, the banks revealed that auto lending is still on the rise. 

    In the second quarter JPMorgan reported growth in the auto loans on its balance sheet, thanks to it having lent out more cash in the second quarter.

    Wells Fargo also revealed a rise in auto loan origination in the second quarter. 

    Wells Fargo CFO Timothy Sloan credited a strong...

    Ex-finance minister Simon Hamilton raised Nama issue in Michael Noonan meeting …

    July 29th, 2015

    The first item on the agenda of a former Northern Ireland finance minister during a meeting with his Irish counterpart was the Brown Rudnick approach to purchase Nama property loans, a watchdog said.

    article source

    Pekin debuts city finance website

    July 28th, 2015

    PEKIN, Ill. (AP) – Pekins city finances are now viewable around the clock.

    City officials have created a website allowing taxpayers to view 2,300 lines of city budget data.

    The Pekin Daily Times reports (http://bit.ly/1MyegGQ ) a statement from city officials explains that the web page makes it easier to explore how taxpayer money is collected and spent.

    City Manager Darin Girdler says the site allows the city to be as transparent as possible.

    Pekin is one of 300 government bodies nationally that use the website through OpenGov.com.

    City Clerk Sue McMillan says the site will help her office – particularly with Freedom of Information requests which...

    Credit scores poor in the heart of the city

    July 28th, 2015

    The higher the score the less of a credit risk is the consumer to a lender.

    The national average VedaScore is 760. Residents of inner Sydney have a score of 722 on average. Melbourne city has a score of 724.

    That makes inner Sydney equal 6th worst region in NSW and Melbourne city the equal third-worst area in Victoria.

    Only one area, Manningham East in Victoria has what Veda considers an excellent rating of 834 and the highest score nationally.

    Ku-ring-gai in NSW is number two with a score of 823 followed by Burnside in South Australia with a score of 822, considered by Veda as very good scores.

    While there is no surprise that some of the most disadvantaged...

    Here’s what your stolen identity goes for on the internet’s black market – Quartz

    July 28th, 2015

    Among tens of thousands of records in the Grams data, we were able to identify more than 600 listings for individual identitiessome including credit card information, others without. The listings ranged in price from less than $1 to about $450, converted from bitcoin. The median price for someones identity was $21.35.

    The market for your data

    Though the transactions are usually illegal, marketplaces on the dark web function much like those on the popular internet. Prices for stolen identities vary based on factors like quality, reliability, robustness, and the sellers reputation.

    The...

    CONSUMER FORUM Report: Student loan firms still mistreating military members

    July 28th, 2015

    In May of last year, the US Department of Justice and Federal Deposit Insurance Corporation entered an order that provided $60 million to compensate more than 77,000 military service members.

    The action was against Sallie Mae and Navient — which formerly were one company — and followed numerous complaints about the educational loan benefits the service people should have received.

    Now, 14 months later, the Consumer Financial Protection Bureau, or CFPB, published a report saying problems with educational loans persist.

    The report, titled “Overseas amp; Underserved: Student Loan Servicing and the Cost to Our Men and Women in Uniform,” cites ongoing...

    Start-ups set to redefine personal finance field

    July 28th, 2015

    Banking is undergoing to change. There is a shift from huge branch network-dominated players to smart Internet or mobile platform-driven banking networks. The change is set to gather speed with the digital initiatives set in motion by the Government and the upsurge of start-ups. These start-ups will compete with banks’ digital initiatives for personal finance to capture the growing customer needs.

    Amazon, one of the worlds largest e-retailers, has picked up stake in the Rs.375-crore funding round in online financial market place BankBazaar, a move that highlights the growing investor interest in this segment.

    Surge in investments

    Personal finance space is seeing...