Loan Facts
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 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
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
There are all kinds of reasons why you would want to get a loan online but what should you know about payday loans first?
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, 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
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
Many people are shocked at how damaging it is to have a low credit score. Many though have found a temporary solution with installment loans.
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 is expected to rise even faster as tuition increases and federal financial aid options dwindle.
Tuesday, April 12th, 2011 by
By Thomas Hart
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
There are plenty of things eating your budget and late fees on the bills is typically the biggest waste and easiest to fix with short term loans.
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
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
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
Credit checks cause damage to your credit score. These are the factors that you will appreciate knowing so you can get a personal loan without ruining your credit or putting up collateral.
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
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 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
Cash advances, although a modern convenience, are not to be used for for irresponsible spending. Use them wisely and you will improve your financial situation.
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 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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