Surviving Recession: Financial Planning with a dose of Payday Loans
The basic purpose of payday loans
There is a widespread misconception that the need for a payday loan arises out of poor financial planning. The fact remains that the best and the most meticulous of your plans can be undone when faced with tough times. As Mike Tyson once said, “Everybody [...]
Payday Loans Trump Overdraft; Fed Reins in Banks
The Board wants overdraft changes
The Federal Reserve Board, Office of Thrift Supervision and National Credit Union Association are at it again, and payday loans are looking better than ever when compared with having to deal with overdraft charges on your checking account.
To recap for those of you who aren’t familiar [...]
Payday Loans News Break:Overdraft charges test case rejected
Barrister Tom Brennan on Monday lost his legal battle in what he hoped would be a test case for the fairness of bank overdraft charges.
Quoted With Edits From: Barrister’s overdraft charges test case rejected (Financial Times)
Tom Brennan tried but was unsuccessful in his attempt to set precedence for consumer fairness [...]
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