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Pawn shops have been around for a long time. In fact, some historians say they are the oldest form of lending. So often, when people are short on cash and need some finances right away, their first thought is to go to the pawn shop. [...]
Soon Online Payday Loans May be Only Option in Virginia
Payday Lenders in Virginia face regulations
We may see an uptick in the number of online payday loans borrowed in Virginia if the legislature runs payday lenders out of the state.
It looks like Virginia might be heading in the same direction as New Hampshire, where Advance America has announced it will [...]
Protesters Target Payday, Car Title Loans in Virginia
Payday loan stores hit from both sides
In Harrisonburg, Va., today several picketers held up signs and passed out fliers in front of a payday loans store. Currently legislation is working its way through the Virginia legislature that would ban these lenders from using “open end loans.”
Virginia lenders that issue short-term [...]
No Credit Check Payday Loans Vs. Car Title Loans
Putting driving in danger
People with bad credit have the 0ption of applying for no credit check payday loans when they face financial emergencies. But there are other options out there, such as car title loans.
Both types of borrowing have penalties if you default on your payments. The most obvious difference [...]
Virginia, Restrict Payday Loans at Your Peril
Don’t restrict open-ended credit
Virginia legislators, you ARE tyrants! (Image via Wikipedia)
Why? Because the results inevitably remove competitive price regulation from the payday loans and short-term lending arena. This lack of competition inevitably harms the financial well-being of consumers in that it makes it more difficult to obtain quick payday loans, [...]
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