payday loans
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
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
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.
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
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
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
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.
CFPB directorship post in doubt for Elizabeth Warren
The White House still hasn't been able to secure spots for CFPB and OFR leadership. The gridlock is a palpable manifestation of the status quo.
Friday, March 4th, 2011 by By Steve Tarlow
Mississippi reporter misunderstands no credit check payday loans
Mississippi House Bill 455 extended the life of payday loans in the state. A Clarion-Ledger reporter objects but doesn't have a good argument.
Friday, March 4th, 2011 by By Steve Tarlow
Mississippi Gov. Haley Barbour signs payday loan legislation
Mississippi Gov. Haley Barbour has signed new legislation that will keep payday lending in the state for at least three more years, says the AP.
Friday, February 25th, 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.
Payday loan reprieve: Kentucky House Bill 182 fails to pass
Kentucky House Bill 182, which would have capped payday loan APR at 36 percent, was defeated 13-10 in a Banking and Insurance Committee vote.
Friday, February 18th, 2011 by By Steve Tarlow
Mississippi votes for two and a half more years of payday loans
Mississippi House Bill 455 has passed, preserving payday lending in the state for two and a half years if passed by the Senate and governor.
Wednesday, February 16th, 2011 by By Steve Tarlow
Payday lenders turn to Indian tribes for business partnerships
In order to stay open despite increasingly harsh legislation, payday lenders have had to turn to Indian tribes and form business agreements.
Friday, February 11th, 2011 by By Peter Stone
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.
Elizabeth Warren on credit cards, banks and payday loans
Elizabeth Warren of the Consumer Financial Protection Bureau told the Associated Press the organization supports the payday lending industry.
Monday, January 31st, 2011 by By Steve Tarlow
Iowa Catholic Conference pursues payday lending limits
The Iowa Catholic Conference should say what it means. A 36 percent APR payday loan cap would shut down the industry, not make it better.
Wednesday, January 26th, 2011 by By Steve Tarlow
FiSCA moves to where the financial regulatory action is
The Financial Service Center of America (FiSCA) has moved to Washington, D.C., to be close to the payday lending legislation changes to come.
Friday, January 21st, 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.
Understanding what payday loan APR is – and is not
Kevin Borland from the Consumer Financial Services Association sets critics straight on payday loans and APR.
Tuesday, January 18th, 2011 by By Steve Tarlow
Missouri House Bill 132 stifles free market competition
Rep. Mary Still (D-Mo.) is pushing House Bill 132, which would place an untenable cap on payday loans and cost jobs in the process.
Friday, January 14th, 2011 by By Steve Tarlow
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