Payday Loan News and Information
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From the monthly archives:
NS regulator caps fees on payday loans CBC.ca, Canada - 4 hours ago … require companies to file yearly reports to track data on loans, including the number of defaults. Payday loans are a $2-million a year industry in Canada. Payday loan firms applaud NS regulator ruling TheChronicleHerald.ca Nova Scotia Rate Cap on Payday Loans will [...]
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Ever wonder how payday loan fees compare to credit card fees? Here’s a great discussion of payday loan fees.
Budget Blogger has an interesting take on how payday loan fees differ from credit card and bank fees: they’re actually easy to figure out. It’s interesting that the group of lenders getting the “predatory lender” label [...]
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State: Internet payday lending will have to be licensed Allentown Morning Call, PA - Jul 28, 2008 Payday loans allow consumers to borrow against a future paycheck. But they charge rates that effectively can reach nearly 800 percent, according to the … ( )
Originally posted here:
State: Internet payday lending will have to be licensed | [...]
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Pa. requires licensing for Internet payday lenders Phoenixville News, PA - 14 hours ago HARRISBURG (AP) — Internet and out-of-state companies that market payday loans to Pennsylvanians will need to be licensed by the state by early next year, … ( )
Continue here: Pa. requires licensing for Internet payday lenders | Phoenixville News
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CBS Slams Payday Loan 'Traps' Business Media Institute, VA - 10 hours ago “Evening News” correspondent Armen Keteyian called payday loans “a short-term solution turned long-term trap” in his July 25 hit piece on the lending … ( )
Read the rest here:
CBS Slams Payday Loan ‘Traps’ | Business Media Institute
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