Legislation to kill the payday loan?
Supporters of the payday loan industry are concerned that President Obama’s economic plan will eventually cripple short-term cash advance. Harry Lacheen of iStockAnalyst reports that payday loan and pawn shops “often come under heat from governments and consumer groups” because they supposedly charge exorbitant annual [...]
More on the President’s Economic Plan
The party is over, Mr. President. The challenges you’ve vowed to tackle with the nation’s economy await, and your payday loan source – as well as the rest of the nation – want to know what you have in store. This third article in a [...]
President Obama has work to do, post inauguration
This is part two of your payday loans source’s close-up view of President Obama’s domestic economic policy. Part one is available here. Let’s look at what Mr. Obama plans to do to promote trade and improve manufacturing.
Trade that benefits America
Increased trade with foreign [...]
Your payday loan source keeps you up-to-date on the nation’s financial news.
Obama faces opposition from Senate Democrats
President-elect Barack Obama unveiled his massive economic stimulus plan yesterday, and most of the resistance to the package seems to be coming from inside the Democratic party. In a closed-door meeting with Obama aides [...]