Fresno Newspaper Weighs in on Payday Advances
Predatory payday loans are an exploitative scam, known in the past as “usury.” So begins an editorial in The Fresno Bee.
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Predatory payday loans are an exploitative scam, known in the past as “usury.” So begins an editorial in The Fresno Bee.
Across the Atlantc, hugely expensive credit deals are being pushed by companies capitalizing on the need of cash-strapped households to find money quickly in the run-up to Christmas.
State Rep. James E. Buskey thinks it’s time to rethink Alabama’s 3-year-old payday lending law.
As The Akron Beackon Journal states, many consumers get caught in a “debt trap” when they take out a payday loan — or multiple payday loans — to make ends meet.
Walk into any payday loan company office and you’re likely to find that no two customers are the same - there’s a mix of races, incomes, education levels and family situations. However, one thing many payday loan borrowers have in common…
Montana’s attorney general is promoting a bill in the next Legislature that would cap the interest rates of title loans and pay day loans but an industry official calls the bill nothing more than “sound-bite legislation.”