October 1, 2012 |
Gov. Jerry Brown's decision over the weekend to sign two bills -- AB 1447 and AB 1534 -- regulating Buy Here Pay Here used-car dealers is being hailed by consumer advocates as a huge and trailblazing victory over a controversial industry that some call predatory. So why are the dealers celebrating? Starting Jan. 1, Buy Here Pay Here lots, which provide their own in-house financing on cars rather than using third-party lenders, will be required to offer 30-day warranties on every vehicle they sell, place signs on autos indicating the fair-market value, increase disclosures about onboard tracking devices, and give customers more flexibility in making payments.
April 18, 2012 |
WASHINGTON -- The Environmental Protection Agency issued its first-ever regulations to curtail air pollution from natural gas wells that use a controversial production technique known as hydraulic fracturing, but gave the industry a three-year transition period to install technology to capture some of the worst pollutants. The new regulations would limit emissions of volatile organic compounds, or VOCs, which react with sunlight to create smog. They would also limit emissions of carcinogens and methane, the main component to natural gas and a potent contributor to climate change. The rules are expected to affect the approximately 11,000 new wells annually that undergo hydraulic fracturing, or fracking, and another 1,200 or so that are re-fracked to boost production.
December 11, 2011
Tamarack Lodge & Resort Cross Country Ski Center, 163 Twin Lakes Road, Mammoth Lakes; (760) 934-2442, http://www.tamarack?lodge.com/Ski_Center . Full-day snowshoe and pole rental, $27 for adults, $23 for children; afternoon rental, $23 and $19. Expansive, on-site areas for snowshoeing. ? Kittredge Sports, 3218 Main St., Mammoth Lakes; (760) 934-7566; http://www.kittredgesports.com . Full-day snowshoe rental, $14; half-day (five hours), $10. Rentals are by shoe size.
February 13, 2011 |
Dear Liz: Our mortgage is due on the first day of each month. A late fee is due if the payment is received by the mortgage company after the 16th. The mortgage company calls me if they have not received the payment by the fourth. I hung up on them the last time they did it. They followed up with a letter about getting debt crisis counseling (which didn't go over real well in my household). Are they allowed to harass me if they don't get their payment in four days? What about the grace period?
February 7, 2010 |
Dear Liz: I want to stop supporting the greedy banking industry by changing my checking account from a big bank to my local credit union. But I'm worried I will have to give up services I like, such as online banking and free bill payment. What will I give up if I use a credit union? Answer: You may not have to give up anything, and you may gain a few things, depending on how you bank. Credit unions are member-owned, which means they don't have to worry about making profits for shareholders.
January 14, 2010 |
Foreclosure activity in California took a steep dive in December, a report shows, but the decline had more to do with holiday forbearance than economic improvement. Notices of default dropped 17.5% compared with November, according to the report by ForeclosureRadar.com. The number of homes seized by lenders dropped 12%, and the number of homes sold to third parties declined 28.9%. The drop in foreclosures appears to reflect an easing in activity by banks and other lenders hoping to avoid delivering disheartening news to troubled buyers and shutting people out of their homes during the holiday season, the website said.