Tag: Money

Congressman Demands FTC Probe Of Cash4Gold

Posted by Nexus – 20/01/2010

[via nytimes.com]

Representative Anthony D. Weiner denounced what he called the predatory practices of Cash4Gold in New York’s diamond district on Tuesday.

The flashy ads have become a staple on late-night television, sometimes featuring figures like the late Ed McMahon or M.C. Hammer, trumpeting promises of quick dollars in exchange for bits of old gold jewelry.

The company behind the ads is called — plainly enough — Cash4Gold, but on Tuesday afternoon, Representative Anthony D. Weiner said that the company’s business practices were not always straightforward.

Read the full post

Dell raking in big bucks from Twitter specials

Posted by Nexus – 09/01/2010

[via gadgetinn.blogspot.com]

The founders of Twitter may not be making much money from the microblogging platform, but savvy marketeers like Dell are already way ahead of the curve in online sales.

The US PC maker has revealed that its Twitter followers have spent over $6.5 million (£4 million) on products specifically promoted through tweets alone.

Discounts worldwide
By offering Twitter-only discounts and special products in 12 different countries, Dell has proved the power of building a strong online brand and communicating it directly to potential customers.

Read the full post

5 Reasons Not to Apply for a Loan Modification in the Home Affordable Modification Program (HAMP)

Posted by Nexus – 06/01/2010

[via wisebread.com]

The Home Affordable Modification Program (HAMP) rolled out last year currently has over 700,000 people in trial modifications and a little over 30,000 in “permanent” modifications. The program has been plagued with consumer complaints of lost paperwork and denials. Here are some reasons why many consumers are better off skipping this program all together.

1. The “permanent” modification is not so permanent.

Read the full post