Payday Loan Borrowers Hope for Credit Card Reform

Obama calls for immediate credit card reform
Consumers are still relying on payday loans to make ends meet as President Obama calls for credit card reform.  The President is demanding a credit card reform bill by the end of this month.  “Americans know that they have a responsibility to live within [...]

(photo from flickr.com)

Center For Responsible Lending Attacks Credit Card Cos.

Yes on H.R. 627, in spite of the CRL’s support
I am not a fan of the Center For Responsible Lending. It isn’t because I’m against responsible lending, it’s because at the root, they do not in fact advocate responsible lending. Any group whose leadership supports toxic housing market activities of [...]

Rising Bank Fees – I’ll take a Payday Loan!

Why is there such uproar about fees charged by payday loan lenders, but very little attention at all to the banks, who sneakily charge all kinds of fees?
At a time when more consumers are struggling to pay their bills, large banks are raising some account fees to record levels.
Quoted With [...]

Not another bounced check charge!