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...companies, including Cash America, Dollar Financial, First Cash Financial and World Acceptance, have risen sharply this year. World, one of the biggest, has seen its stock price rise to a recent $41 from $15 a year ago. World makes much of its money refinancing its existing customers into new loans with longer terms and lower monthly payments. But last year, it also increased lending. At the end of 2009, World had $839 million in outstanding loans, which average about $800 each. That was up from $736 million in loans a year before. (See "How Will the Credit Card Act Affect...

Author: /time Magazine | Title: The Subprime-Lending Business Survives, Even Thrives | 3/11/2010 | See Source »

...Credit cards, too, are still available for customers with credit scores in the 600s and below. First Premier Bank used to charge customers with poor credit as much as $250 in fees to open a credit card that had a $300 limit. But following the recent passage of new rules for card issuers, which among other things caps the annual fees companies can charge to 25% of the credit limit, Premier has retooled its offering. It now charges a $45 processing fee before customers open a card. It then charges a separate $75 annual fee, which is exactly...

Author: /time Magazine | Title: The Subprime-Lending Business Survives, Even Thrives | 3/11/2010 | See Source »

...French? EADS initially lost the refueling-aircraft bid in 2003 - only to see the decision overturned on evidence that Boeing hadn't played fairly in winning it. Then in 2005, EADS sought to improve its chances of success by allying itself with American partner Northrop Grumman in a new pitch. The pair won the next round of bidding, but that decision sparked a chorus of complaints from U.S. legislators about American contracts (and tax dollars) going to a European business - and it was later overturned in an appeal filed by Boeing. The Pentagon reopened the bidding for a third time...

Author: /time Magazine | Title: Europeans Cry Foul Over a Defense Contract | 3/11/2010 | See Source »

...about looking fat. Convinced that most other women do too, Krupp, author of the best-selling book How Not to Look Old, reached out to experts across the U.S. to figure out how women can look 10 lb. thinner by changing the way they dress. The result is her new book, How to Never Look Fat Again: Over 1,000 Ways to Dress Thinner - Without Dieting! TIME senior reporter Andrea Sachs caught up with Krupp (who is married to TIME assistant managing editor Richard Zoglin) in New York City before her nationwide book tour. (See a step-by-step guide...

Author: /time Magazine | Title: How to Never Look Fat Again — Without Dieting | 3/11/2010 | See Source »

...conservative a person as possible is No. 2." The fervor could end up hurting them, Wood adds, if one of the Tea Party hopefuls decides to run as a third-party candidate. Some handicappers have suggested the race could follow the same trajectory as the special election in New York's 23rd Congressional District, where conservative leaders embraced a third-party candidate instead of a more moderate Republican, allowing a Democrat to capture the contest...

Author: /time Magazine | Title: Will Too Many Tea Partyers Spoil the Revolution? | 3/10/2010 | See Source »

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