Payday Loans: Going Where the Need is Greatest

Fed Study Shows Payday Loan and Related Outlets Cluster
Payday loans are an inescapable landmark in America’s modern economic landscape. The popularity of the short term loan product has grown significantly since the early 1990s, and it’s no wonder. Giving consumers the ability to absorb financial shocks in the short term [...]

Payday Loans have the green light when it comes to going where the financial need is greatest. Access to conventional credit plays a large role. (Photo: flickr.com)

‘Pawn Stars’ Brings Reality TV to History Channel

Will ‘Pawn Stars’  bring in big bucks?
Well, it was bound to happen eventually. The History Channel is starting its own reality series, “Pawn Stars.” So the History Channel is hoping to make money on a show about making money.
The show will feature three generations of “Pawn Stars,” a father, son, [...]

The stars of "Pawn Stars." Image from TV Tango.

Americans Use Payday Loans While the French Turn In Wine

French turning in their wine for profit
Since the recession began there has been an increase in payday loans in America. Every country is seeing some economic downslide and France is no exception. How they are dealing with their financial stress is different; the French are selling their generations-old wine. For [...]

Château Pétrus

Payday Loans a Good Investment – No Fooling

Payday loans are a great investment
Rich Duprey reports for The Motley Fool that non-traditional financial companies that provide short-term consumer credit are a great investment during the current recession. When banks and credit unions stop offering credit, pawnshops and payday loans are the saviors of choice.
Storefronts that cash checks (which [...]

Piggy Bank