Richard Eskow and the burden of proof re. payday loans (Pt. 1)

World Bank consultant Richard Eskow criticizes payday loans in the Huffington Post, but he offers no real proof to back his conflicting claims…
A statue of the Greek titan Atlas, whose charge was to bear the weight of the world on his shoulders. Similarly, when one makes an accusation against another as Richard Eskow does against payday loans, the burden of proof can be just too difficult to shoulder.
Saturday, May 15th, 2010 by
By Steve Tarlow

Payday Lending Limitation Act of 2010: Changing the TILA

NC senator Kay Hagan (D) and the Center for Responsible Lending want the Payday Lending Limitation Act of 2010 to shackle payday loans. READ MORE
File photo of Democratic North Carolina Senator Kay Hagan. With a little help from the Center for Responsible Lending, she is presenting the Payday Lending Limitation Act of 2010 to the Senate.
Saturday, May 1st, 2010 by
By Steve Tarlow

Consumer Credit Availability and Financial Exclusion in Australia

Payday loans face a low APR cap in Australia, but Nicola Howell suggests that more rate cap diversity/flexibility remain in place to aid at-risk consumers.
Capping payday loan rates too low will kill competition and hurt consumers – in Brisbane, Queensland or anywhere else.
Wednesday, December 16th, 2009 by
By Steve Tarlow