12
Oct
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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by Rose Martin A payday lender can be there to help you get out of a serious financial jam. Online payday lenders are often the ones that can give you the financial relief you need while offering you a way to rebalance your financial issues. Sometimes you just need a helping hand in order to get everything under control. Getting your paycheck a week early can mean the difference between making it or breaking it. You certainly are not the first person who has lain awake at night wondering
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08
Oct
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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Stung by losses in states that either refused to authorize its high-rate, short-term loans or moved to limit finance charges, the payday lending industry isn’t giving up without a fight. Its lobbyists are pressing hard in states where it sees opportunity to stave off reform, including Colorado, site of a major coming battle, where lenders are already making financial contributions to minority groups to win favor. Flickr: Stallio In Wisconsin, payday lenders are fighting legislation th
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07
Oct
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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On this site and elsewhere , we have documented the extreme harm caused by payday loans in Colorado. These predatory products come with very high fees, very short repayment periods and annual percentage rates that top 520 percent. Payday loans are very easy to get — you need a bank account and steady income — but very difficult to repay. Thousands of Coloradans have become trapped in a cycle of debt because of payday lending. Each year, these lenders suck more than $80 million in unnecessa
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07
Oct
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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Life can be expensive. Bills, groceries, and all the other things that are needed can quickly deplete our funds. When you need a little extra cash to make it through the month you can turn to a payday loan. Payday loans are small, short-term loans given to those who need cash a few days earlier than their next paycheck arrives. Payday lenders make these loans available so that people can get the cash they need and accomplish things that need to get done. Payday loans help diminish financial
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07
Oct
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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Some snips from a Heartland Institute piece on Ohio’s payday lending ban: Last November, 64 percent of the states voters favored approving an Ohio House bill capping payday lenders annualized rates at 28 percent. Legislators had passed the bill in June 2008. The impact on the payday lending industry was swift. Already 700 of the 1,600 payday loan offices in the state have closed, said Kursman. Check n Go has just 28 locations left in the state, down from 72 before the law changed, he s
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10
Sep
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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Fresh off the heels of the introduction of legislation that would cap the interest rate that can be charged by payday loan companies comes a report from the Milwaukee Journal Sentinel have more than doubled their contributions to state lawmakers in the past year: Payday lenders doled out more than $140,000 last year to Gov. Jim Doyle and candidates for the Legislature as lenders braced for attempts to regulate their industry, according to a report released Wednesday by the Wisconsin Democ
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31
Aug
Author: // Category:
World of Warcraft
Random Feed wrote an interesting post today on
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Photo by Candiche via Flickr.comSending the poor to pay utility bills at a payday lender is like sending the hungry for a meal in a shark tank. It’s the worst kind of business synergy. Missouri utility regulators should halt the practice. Payday lenders make a living off the poverty and lack of financial sophistication of their desperate customers. They charge very high interest rates — an average of 431 percent in Missouri; by law, they can charge as much as 1,950 percent — on short-term loans
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