Finances

Minnesota Department of Commerce

Minnesota Department of Commerce

Minnesota Department of Commerce

Governor Dayton signs bipartisan Safe Seniors Financial Protection Act proposed by Minnesota Commerce Department.

Minnesota Department of Commerce

Minnesota Department of Commerce

The past month’s extreme cold has once again reminded Minnesotans how important it is to keep our homes heated in winter for both safety and comfort.

Minnesota Department of Commerce

“Payday” lending and short-term consumer loans have nearly doubled in the past five years, reaching a high of 350,000 in 2011.
Minnesotans may turn to payday-lending companies to make ends meet during difficult economic times, but the Department of Commerce urges consumers to beware if committing to a payday loan online.

Now that the holidays are upon us, many people dream of taking a tropical vacation or spending time near a popular attraction. If you’re shopping for a getaway, you may have considered a timeshare, an arrangement that generally gives you the right to stay at a certain property for a specified amount of time each year. There are more than 1,500 timeshare resorts in the United States, according to the American Resort Development Association, and the average sales price for a unit is more than $20,000. If you’re thinking of spending your free time at one of them, the Minnesota Society of CPAs offers this advice.