Loan Facts
Limited payday-lending regulation bills passed by Texas Senate
Monday, the Texas Senate passed two bills regulating the payday loan industry. Critics, however, say the legislation does not go far enough.
Tuesday, May 24th, 2011 by By Ron Ford
Jumbo mortgage loans becoming harder to borrow
Jumbo loans, or mortgages for very high amounts, are becoming rarer as mortgage credit is tightening due to Freddie and Fannie requirements.
Friday, April 22nd, 2011 by By Peter Stone
Six payday loan companies charged with financial fraud
The FTC has filed suit against several payday loan companies run by Michael Bruce Moneymaker and others, saying fraud cost customers millions.
Wednesday, April 20th, 2011 by By Mary Rice
How Can Your Credit Score Be Saved With Something As Simple As A Payday Loan?
Millions of people every year fall short on various bills and lose credit points. Payday loans are a no credit check option that can ease the pain.
Students optimistic about the future, despite expecting less cash
People ages 18 to 24 are optimistic about their futures, despite the fact that many of them think they won't be as wealthy as their parents.
Monday, April 18th, 2011 by By Peter Stone
Lansing says no to payday lending as Michigan economy flails
Lansing, Mich., legislators want to zone payday lenders out. This wisdom is questionable, in light of HB 4214 and Michigan's financial woes.
Monday, April 18th, 2011 by By Steve Tarlow
NFL lockout loans: More money, more problems
The 2011 NFL lockout has spawned a controversial product called the lockout loan. Large-dollar same day loans to players can spell trouble.
Wednesday, April 13th, 2011 by By Steve Tarlow
Facts About Installment Loans Everyone Should Know Before Applying Online
Are installment loans online safe and secure? Is applying a big hassle with tons of hoops to jump through? We have the facts you want to know.
Killing payday lending does not fight poverty
The Anti-Poverty Coalition of Greater Dallas has attacked payday lending and ignored the financial effect eliminating short term credit.
Tuesday, April 12th, 2011 by By Steve Tarlow
Student loan debt expected to hit more than $1 trillion in 2011
Student loan debt is expected to rise even faster as tuition increases and federal financial aid options dwindle.
Tuesday, April 12th, 2011 by By Thomas Hart
Right for consumers to choose preserved in Kentucky
Kentucky House Bill 182 fell in defeat, keeping the freedom of financial choice in the hands of consumers, according to Kevin Borland.
Monday, April 11th, 2011 by By Steve Tarlow
How To Get A Cash Advance Without Providing Collateral or Submitting To A Credit Check
Credit checks can hurt your credit score and providing collateral for a loan is an unneccessary risk which can be avoided.
How to remove a co-signer from a student loan
If you've co-signed on a student loan but want out, there are a few things you can try to have your name removed from the paperwork.
Thursday, April 7th, 2011 by By Steve Tarlow
Racial discrimination evident in continued bank redlining
Redlining still hasn't disappeared from minority banking, reports USA Today. Minorities are still shut out of many bank loans and mortgages.
Tuesday, April 5th, 2011 by By Steve Tarlow
Avoid payday loan default with an extended payment plan
CFSA-member payday lenders offer consumers the option of an extended payment plan on payday loans when borrower default is a possibility.
Monday, April 4th, 2011 by By Steve Tarlow
How Personal Loans Online Can Prevent Your FICO Credit Score From Going Down
Traditional loans require a credit check which puts a hard inquiry on your credit report which in many cases lowers your overall credit rating.
Rhode Island payday loan bill seeks strict interest rate cap
Rhode Island legislators have introduced 2011 H 5562, a bill to cap payday loan rates at an untenable 36 percent APR. Here we go again...
Thursday, March 31st, 2011 by By Steve Tarlow
Demand for same day loans is tremendous, FDIC says
Personal loans and same day loans are popular, but banks have proven too top-heavy to offer them effectively, according to the GAO.
Wednesday, March 30th, 2011 by By Steve Tarlow
Colorado installment loans bill HB 11-1290 up for debate
Colorado House Bill 11-1290 would require that consumers pay the entire installment loans origination fee, rather than a pro-rated version.
Monday, March 28th, 2011 by By Steve Tarlow
How To Use Short Term Loans To Get Through a Budget Crisis Wisely
Everyone finds themsevles in a budget crisis from time to time and short term loans are only the answer in some circumstances when used wisely.
Maryland challenges sovereign immunity in tribal lending case
Maryland is taking personal loans portal Western Sky Financial to court over personal loan rates. The company claims sovereign immunity.
Tuesday, March 22nd, 2011 by By Steve Tarlow
Illinois payday lender sues, calling reforms unconstitutional
Illinois Lending Corp. is suing so that a provision within the Illinois Payday Loan Reform Act can be blocked. It's a Constitution argument.
Wednesday, March 16th, 2011 by By Steve Tarlow
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