short term credit

Installment loan lenders thrive where payday lenders used to

Many states have tried to eliminate payday loan lenders, but it hasn’t eliminated the need for credit from non-bank sources. Some states have new installment loans stores where payday loan stores once existed as other forms of short term credit fill the void.
Virginians frequenting pawn shops and title lenders more
Many states have passed laws intended to closely regulate, if not outright eliminate, payday loan lending. However, such laws don’t eliminate the need or demand for a short term credit product. The state of Virginia passed laws several years ago capping the interest rate on payday loans, which has reduced [...]

Thursday, June 16th, 2011 by

By Peter Stone

Illinois payday lender sues, calling reforms unconstitutional

Illinois Lending Corp. is suing so that a provision within the Illinois Payday Loan Reform Act can be blocked. It's a Constitution argument.

A law stamped “Unconstitutional” in large letters.

Wednesday, March 16th, 2011 by

By Steve Tarlow

Texas lawmakers propose SB 253 and HB 410 to limit payday loans

Texas payday loan stores are facing a re-definition bill and additional regulation that will, if passed, go into effect on September 1, 2011.

Thursday, December 30th, 2010 by

By Mary Rice

Is Applying For A Payday Loan Through A Direct Lender The Best Option?

Using a lender matching service can get you cash in as little as 2 hours. Direct lenders have a very high denial rate for applications.

Montana I-164 | Payday lending on the ballot

Montana voters are set to accept or reject new regulations on payday lending with I-164. Arguments on both sides, though, may be misleading.

Wednesday, October 6th, 2010 by

By Mary Rice

Smartphone pay has credit, debit cards wobbling on the ropes

Contactless smartphone pay systems have Visa, MasterCard and other credit and debit card issuers worried about massive loss of revenue…

Monday, August 2nd, 2010 by

By Steve Tarlow

Answers to questions about easy cash loans and bad credit

Payday lenders offer easy cash loans for people with credit challenges just like yours. Installment loans for bad credit are also available.

Tuesday, July 20th, 2010 by

By Deborah Weiss

How Can Installment Loans Help Protect Your Credit Rating?

There are millions of people each year that ruin their credit score because they did not know they could use installment loans to pay their bills before defaulting.