Payday Loans Say It Straight, Unlike Bank Overdrafts

Unlike payday loans that are required by the Truth in Lending Act (TILA) to clearly publish and inform consumers of terms, conditions and percentage rates charged, bank overdraft fees are deceiving customers. They lead them astray by not giving them to option to inform their bank whether they want this [...]

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Overdrating at the ATM
Friday, December 19th, 2008 by
Steven Tarlow

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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NCUA insured
Tuesday, December 16th, 2008 by
Steven Tarlow