The Cost of Payday Loans: Not Excessive, Study Shows

Study of Detroit Area Households Yields Surprising Results
There are numerous entries in the volumes of study on payday loans which suggest that low- to middle-income (LMI) families are the most frequent users of the product. Where access to credit and liquid assets are limited – particularly in areas that are [...]

Click here to continue reading
Pursuit of alternative financial services like payday loans is sometimes necessary. But do the costs break the budget? (Photo: flickr.com)
Friday, November 6th, 2009 by
Steven Tarlow

Installment Loans: A Strong Option When Credit Access is Limited

Do Race and Ethnicity Restrict Access to Traditional Credit?
You’ve more than likely heard the call to arms “Stimulate the economy!” before. It takes expenditure in order to keep the wheels of commerce flowing. While the current recession has made that difficult – people are still highly unwilling to spend on [...]

Click here to continue reading
Installment loans have been there for people from all walks of life who have been failed by the traditional credit and lending system. (Photo: flickr.com)
Friday, October 30th, 2009 by
Steven Tarlow