Browsing Category
Investor
Differences between the payday loan industry in Australia and the United States
What are cookiesAs is common practice with almost all professional websites, https://cyprus-mail.com (our "Site") uses cookies, which are small files downloaded to your device, to improve your experience.This document describes what…
CFPB shuts down payday lender it calls venture capital ‘darling’
The Consumer Financial Protection Bureau forced the payday loan company LendUp to stop making new loans and to stop collecting some outstanding loans as part of a resolution of a lawsuit alleging the company had…
Some lenders offer short cash advances in return for a private post-old look at
Some lenders offer short cash advances in return for a private post-old look at SuggestionsThey agree to keep these checks until the borrower's 2nd payday. This explains why the fund had its name. It also…
Board approves wording for payday loan vote petition
LANSING, Mich (AP) - A coalition that wants voters to decide how Michigan should cap payday loan interest rates got approval for its summary wording on Tuesday for a petition to submit the question in the ballot in November 2022.Members of…
Alternatives to payday loans in states where they are prohibited
Payday lenders have effectively leveraged the sovereign reserve status of Native Americans. Often, they forge partnerships with tribal members to provide loans in addition to the Internet,…
Payday lenders hit by racketeering costume in Illinois.
By Victoria McKenzie (Dec 10, 2021, 7:09 PM EST) - A Chicago resident has filed a racketeering class action proposal against a group of online lenders who allegedly used a Wisconsin tribe as a front to avoid lawsuits for a top…
If an instant payday lender and / or loan collector has made an error
If an instant payday lender and / or loan collector has made an error If a quick payday loan company or financial accountability collector has made a mistake, you can simply take them to court too. Don't ignore…
93% of payday loan borrowers regret taking out their loans, survey finds
item Payday loans can be a debt trap for borrowers who cannot afford to make payments. Here's how you can pay off your payday loan balance before it goes to debt collectors. (iStock) Payday lenders prey on borrowers with bad…
Bipartisan selection of Ohio lawmakers project latest energy to curb payday lending industry
Bipartisan selection of Ohio lawmakers project latest energy to curb payday lending industry State lawmakers on both sides of the aisle just want to take another break from dealing with the Kansas payday loan…
How to avoid the serious problems that payday loans can cause
The payday loan industry has been around for decades, but it is only recently that the problems with these loans have become more apparent. Many people are unaware of the serious consequences these loans can have on their lives if they are…