Financial Service Advises Against Payday Loans
It’s an all too typical scenario.
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National — Page 2
Pentagon Rules Leave Soldiers Open to Predatory Payday Advance Lenders
Consumer advocates strongly urged the Department of Defense Monday to make significant changes to proposed federal regulations to ensure that predatory fast payday advance lenders can no longer strip earnings from U.S. soldiers and their…
Utility Customers Exposed to Payday Advance Outlets
Utilities that direct customers to pay electricity, natural gas and telephone bills at bad credit payday loan stores make those customers targets for marketing of predatory loans, a National Consumer Law Center report has found.
Payday Loan Report from Across the Nation
Payday advance lending has become a multibillion-dollar industry and is growing online, according to Stephens Inc., a Little Rock brokerage research firm. According to a recent report:
Immigrants Likely Victims of Payday Loan Abuses?
Illegal immigrants could fall prey to loan sharks and other unscrupulous quick payday loan lenders if they have to pay $5,000 in fines and thousands more in fees and back taxes as required under the immigration reform measure now before…
National Payday Loan Group Urges Lenders to Abide by Laws
The national trade group for payday advance lenders has called on its members nationwide who make loans over the Internet to comply with all state laws and to be licensed in each state in which they do business.