News About the Ever-Changing Payday Advance Industry
The Front Page
In El Paso, where 200,000 people live below the poverty line, it costs more to be poor. Strapped for cash, but without good credit or an another alternative, many low-income El Pasoans regularly turn to faxless payday loans.
State regulators are willing to discuss with legislators the activities of payday cash advance lenders - but are not planning to push any specific bills this year.
You’ve seen them dotting business loops and adorning strip malls.
After being scammed by a remodeling contractor several months ago, Yolie Garcia, 30, needed money to help care for her three children and make mortgage payments. Because of her bad credit, she took out a $500 payday loan, expecting to…
In a recent editorial on the interest cap that will be imposed on car-title lenders, the Register encouraged credit unions to reach out to “Iowans without good credit.” Indeed, Iowa credit unions are working to offer additional products…