Study of Overdraft Fees and Protection Cries Out for Reform
When Traditional Banking Becomes Parasitic
If you’re able to see past the shady origins and history of the Center for Responsible Lending, you’ll see that occasionally they do good work that benefits society. While they’re certainly no friend of the payday loans industry, I find that their recent report on the [...]
Payday Loans from Credit Unions | Comparisons and Precautions
Article bends the truth
I came across an interesting article on payday loans in the Las Vegas Review-Journal today. It bragged about credit unions in Nevada that now offers payday loans to its customers, supposedly at lower rates than traditional payday lenders.
But before you rush out to open an account at [...]
Ohio, Your Payday Loan – Free of Ignorance (Pt. 4)
What will the survivors of the anti-payday loan war do?
This concludes my look at the anti-payday loan debacle in Ohio. Parts one, two and three will set the stage.
Some stores will find a different kind of consumer loan product that serves consumers and circumvents ill-conceived laws written by ill-conceived servants [...]
Vegas Credit Unions Stumble, Call Payday Loans Bad Guy
Credit unions behave irresponsibly and can’t handle their poorly underwritten car loans and subprime mortgages, but payday loans are the bad guys? Think again.
Times are tight in the desert
Car loans and home mortgages generate a lion’s share of credit union income, and Las Vegas credit unions have experienced a 43.6 [...]
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