Robert Benincasa http://wvasfm.org en Wells Fargo, Fifth Third, U.S. Bank To End Payday Loan Program http://wvasfm.org/post/wells-fargo-us-bank-end-payday-loan-program Wells Fargo & Co., Fifth Third Bank and U.S. Bank said Friday that they will stop offering "deposit advances," a kind of payday loan that had <a href="http://www.npr.org/2013/12/05/247182721/banks-fill-in-the-payday-loan-gap">come under fire by federal regulators last year</a>.<p>With about $1.5 trillion in assets, Wells Fargo was the largest bank offering the costly, low-dollar loans. Fri, 17 Jan 2014 17:38:00 +0000 Robert Benincasa 41461 at http://wvasfm.org Regions Bank To Discontinue Payday Loan Program http://wvasfm.org/post/regions-bank-discontinue-payday-loan-program One of several banks that offer payday loans is getting out of the business.<p>Regions Bank announced Wednesday that it will discontinue its "deposit advance" product known as Ready Advance.<p>Deposit advances are small, costly loans that bank customers take out between paychecks, and pay back automatically when a scheduled direct deposit comes through.<p>As we <a href="http://www.npr.org/2013/12/05/247182721/banks-fill-in-the-payday-loan-gap">reported last month</a>, regulators and others said the loans often trapped borrowers in a cycle of debt, with customers using the advances repeatedly t Wed, 15 Jan 2014 21:18:00 +0000 Robert Benincasa 41321 at http://wvasfm.org Banks Come Under Fire For Filling In The Payday Loan Gap http://wvasfm.org/post/banks-fill-payday-loan-gap A payday loan is a costly form of credit operating on the fringes of the economy. That's why the target of a new crackdown by federal regulators may surprise you: Instead of a forlorn-looking storefront with a garish neon sign, it's your familiar neighborhood bank.<p>A small but growing number of banks, including some major players, have been offering the equivalent of payday loans, calling them "deposit advances."<p>That is, at least, until bank regulators stepped in Nov. Thu, 05 Dec 2013 09:45:00 +0000 Robert Benincasa 39160 at http://wvasfm.org Banks Come Under Fire For Filling In The Payday Loan Gap Federal Regulators Crack Down On Payday Advances http://wvasfm.org/post/federal-regulators-crack-down-pay-day-advances Consumer advocates are hailing a decision by federal regulators to crack down on so called deposit advances — a type of payday loan offered by some banks. Going forward, banks will not be allowed to let their customers take deposit advances more than once a month, or take them in consecutive months. Fri, 22 Nov 2013 09:33:00 +0000 Robert Benincasa 38516 at http://wvasfm.org New Accessible Playground Rules May Not Go Far Enough http://wvasfm.org/post/new-accessible-playground-rules-may-not-go-far-enough Last year, the federal government made accessibility standards at playgrounds mandatory under the Americans with Disabilities Act so that children with disabilities can more easily play alongside typical kids.<p>But whether children with disabilities are able to enjoy their new civil rights to play may depend on where they live, and the design decisions their cities and towns made when they built local playgrounds.<p>For 3-year-old Emmanuel Soto, who has spina bifida and uses a wheelchair, the local playground's design doesn't work.<p>On a recent afternoon, his parents, Teresa and Juan Soto, w Wed, 28 Aug 2013 07:32:00 +0000 Robert Benincasa 33759 at http://wvasfm.org New Accessible Playground Rules May Not Go Far Enough For Kids With Special Needs, More Places To Play http://wvasfm.org/post/kids-special-needs-more-places-play Remember running around the playground when you were a kid? Maybe hanging from the monkey bars or seeing who could swing the highest?<p>It wasn't just a mindless energy burn. Many have called play the work of childhood. Tue, 27 Aug 2013 16:00:00 +0000 Robert Benincasa 33722 at http://wvasfm.org For Kids With Special Needs, More Places To Play A Baseball School For Big League Dreamers http://wvasfm.org/post/baseball-school-big-league-dreamers If you have ever dreamed of playing big-league baseball, chances are the dream started to fade sometime in high school.<p>It gradually becomes clear: You won't be starting in Game 7 of the World Series, and tipping your cap after hitting a walk-off homer. So at some point you go from player to fan — watching others chase greatness on the diamond.<p>But not every baseball dreamer is willing to give up so early. Wed, 15 Aug 2012 21:42:00 +0000 Robert Benincasa 13507 at http://wvasfm.org A Baseball School For Big League Dreamers White House Kills Dollar Coin Program http://wvasfm.org/post/white-house-kills-dollar-coin-program The federal government will stop minting unwanted $1 coins, the White House said Tuesday. The move will save an estimated $50 million a year.<p>Earlier this year, <a href="http://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants" target="_blank">we reported</a> on the mountain of $1 coins sitting unused in government vaults. The pile-up — an estimated 1.4 billion coins — was caused by a 2005 law that ordered the minting of coins honoring each U.S. president.<p>We calculated that the unwanted coins had cost taxpayers some $300 million dollars to make. Tue, 13 Dec 2011 18:09:00 +0000 Robert Benincasa 3341 at http://wvasfm.org White House Kills Dollar Coin Program