Study of Overdraft Fees and Protection Cries Out for Reform
When Traditional Banking Becomes Parasitic
If you’re able to see past the shady origins and history of the Center for Responsible Lending, you’ll see that occasionally they do good work that benefits society. While they’re certainly no friend of the payday loans industry, I find that their recent report on the [...]
Urban Institute Study: Without Payday Loans, Families Worse Off
Payday loans: Competition, Not Caps
More independent evidence supporting the presence of payday loans in society has become available.
Nick Sparagis of the PDL Industry Blog brings our attention to a recent independent report by Signe-Mary McKernan and Caroline Ratcliffe of the Urban Institute entitled “Enabling Families to Weather Emergencies and Develop: [...]
Payday Loans Do NOT Target Minorities
The Competitive Allegation
A recent Associated Press article by Stephen Ohlemacher entitled “Despite Obama’s Election, Stubborn Racial Disparities Exist” brings to mind a common misconception banks, credit unions and the media have about companies that specialize in payday loans: that they target poor people and minorities.
Witness America in its post-Obama election [...]
Analyze your Financial Situation | Consider Payday Loans
Credit Card Companies Can Raise Your Interest Rate Without Notice
I have always been responsible with regards to balancing my finances, avoiding a payday loan unless absolutely necessary. As a daughter of a financial planner, I learned the importance of paying my bills on time and developing a good credit score.
What [...]
Cap Quick Payday Loans, Bleed Oregonians Dry
Want scholarly proof that capping the rate on quick payday loans harms families?
I’ve got some for you.
Jonathan Zinman, Assistant Professor of Economics at Dartmouth College, has published a study entitled “Restricting Consumer Credit Access: Household Survey Evidence on Effects Around the Oregon Rate Cap.” His work deals with a representative [...]
Installment Loans News Break: Is your overdraft on overdrive?
Has the sputtering economy put you in a situation where you’re constantly using bank overdraft protection every month to pay bills? If so, we’d like to hear your story. Please contact reporter Rita Savard at (978) 970-4826, or e-mail rsavard@lowellsun.com
Quoted With Edits From: Is your overdraft on overdrive? (Lowell Sun)
Make [...]
Advertising Network
Loan Modification
Free E-Book
Free eBook
Terms of Use Privacy Policy Contact Us
Copyright © 2009 by Personal Money Store "Article republication is authorized as long as all content links are unaltered".
