The curious case of payday loans

The myth:
Critics condemn payday loans calling them ‘predatory debt-traps,’ so much so that many loan seekers consider payday loans taboo. On top of this, policy makers are set to cap these loans in many states. But the million dollar question remains, will a cap on payday loans actually help the [...]

money

Obama’s Bracket Ready For NCAA Tournament

He knows college hoops

Jeff Zeleny blogs for the New York Times that President Obama watches only one thing when he turns on the television. That thing is James Naismith’s great game of basketball. So our president has more than a passing knowledge of the teams, which makes Obama’s bracket for [...]

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Payday Loan Companies Stand to Lose 4.5 Million Potential Clients

4.5 million unemployed not eligible for a payday loan

People waiting to try and get a job. (Image by Getty Images via Daylife)

Those who are steadily employed today might find themselves without a job tomorrow due to the continuous rise in lay-offs and downsizing. And the unemployed have a hard time [...]

NEW YORK - OCTOBER 28:  Job seekers wait on li...

Broadband Future for America Includes Payday Loans

The Beauty of “Freedom”
Payday loans represent our freedom to choose how we will stretch our budget and fill temporary holes. So long as the Internet remains free, many millions of Americans will have the freedom to choose their access portal, filter through mountains of data and use the information [...]