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Oct 28, 2013

New unsecured loans beckon, but should you bite?

By Mitch Lipka

(Reuters) – Late last summer, Jeff Whiting was going back and forth with his credit union about whose name should appear on the title of the GMC Yukon he was trying to finance. So the 35-year-old Austin, Texas, attorney went in a different direction, taking a $45,000 unsecured loan from an online lender instead.

The loan he got in late August – from private lending company LightStream – allowed him to avoid having a lien on the vehicle and also allowed him to sidestep the credit union’s voluminous paperwork and opinions about whether his wife should be on the title. But his interest rate – 2.19 percent – was about the same as he would have received for a traditional car loan.

Oct 28, 2013
Oct 28, 2013
Oct 23, 2013
Oct 23, 2013
Oct 23, 2013
Oct 23, 2013

Barnes & Noble, Scholastic challenged on book fair turf

October 23 (Reuters) – Fall is book fair season at schools
across the United States, and despite changes in children’s
reading habits, the fundraising needs of parent organizations
and the business of publishing, little has changed over the
years.

Books get laid out on cafeteria tables or some other open
space, kids browse and then parents cough up cash.

Oct 21, 2013
Oct 15, 2013
Oct 10, 2013
    • About Mitch

      "Mitch Lipka is editor of TheConsumerChronicle.com and is a veteran consumer columnist, editor and reporter. Most recently, he led a 10-person consumer reporting team at AOL’s personal finance channel, WalletPop.com. He received the 2010 New York Press Club award for best consumer writing on the web and is the 2011 Best Friend honoree from Kids in Danger for his work covering child product safety. Mitch has been a reporter and editor for more than 25 years and has worked for The Philadelphia Inquirer, the South Florida Sun-Sentinel and Consumer Reports. The opinions expressed here are his own."
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