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 [...]
City of Carson Backs Off on Payday Loan Regulations
Council members agree
The Carson City Council on Tuesday voted unanimously that it will not require payday lenders in the city to have conditional-use permits.
It seems once again payday lenders were targeted by lawmakers, but this time they changed their mind.
Unfairly targeted
The Planning Commission in February decided it would require the [...]
Banks Shut Down in Nevada and Illinois | Total Closures This Year 16
Nevada Security Savings Bank shuttered
Only two months into the year, already 16 banks in the United States have been shut down. Nevada Security Savings Bank closed its doors Friday.
Regulators shut down the bank and turned deposits over to the Bank of Nevada, based in Las Vegas. Security Savings Bank had $175.2 [...]
Feds Ban Online Payday Loan Companies from Certain Practices
Nevada Online Payday Loans Companies Sued
Federal and state regulators in Nevada have gotten a court order that bars seven online payday loan companies from engaging in a few specific practices.
Federal Trade Commission claims the companies have used “deceptive” lending and collection practices.
Who is involved
The companies named in the lawsuit, which [...]
Nevada Payday Advance Loans Need Some Space
Zoning code could change in Nye County
The county commission in Nye County, Nevada, is considering changing the minimum distance requirement between payday advance loans stores. Surprisingly, in a time when many lawmakers are placing more restrictions on payday loans, they are thinking of making it smaller.
Currently the minimum distance allowed [...]
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 [...]
Marriage Finances and No Fax Payday Loans
Before you get married it is important that the couple sits down and talk finances- even if it means taking out no fax payday loans. Marriage means you’re not only marrying that person but all of their debt too. Sometimes this is the last thing on your mind that needs [...]
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