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Consumers Warned of Online Payday Loan Sites
The Consumer Federation of America (CFA) is warning consumers to exercise extreme caution when using Internet payday loan sites, where loans due by the next payday, can cost up to $30 per $100 borrowed and borrowers typically face annual interest rat...(Continue Reading)
PayDay Loans.... Breaking The Downward Spiral
Many articles warn of the PayDay Loan pitfalls. But what do you do if you are already involved? How can you break out? What have others done?...(Continue Reading)
Pay Day Loans... Worse Than Loan Sharking
Pay Day Loans equate to usury which is charging interest above an established legal rate. "Pay Advance", "Check Advance", "Deferred Deposit" or any other label like it is lower than loan-sharking. It is a legal, multi-billion dollar industry that you...(Continue Reading)
Presidential Proclamation: National Consumer Protection Week
President George W. Bush proclaims Feb. 5 - 10, 2001 as National Consumer Protection Week....(Continue Reading)
A Very Expensive Loan
FTC Consumer Alert offers Payday Loans = Costly Cash: "Fees charged for payday loans are usually a percentage of the face value of the check or a fee charged per amount borrowed.... And, if you extend or "roll-over" the loan......(Continue Reading)
Pay Day Loans... Worse Than Loan Sharking
Pay Day Loans equate to usury which is charging interest above an established legal rate. "Pay Advance", "Check Advance", "Deferred Deposit" or any other label like it is lower than loan-sharking. It is a legal, multi-billion dollar industry that you...(Continue Reading)
Pay Day Loans... Worse Than Loan Sharking
Pay Day Loans equate to usury which is charging interest above an established legal rate. "Pay Advance", "Check Advance", "Deferred Deposit" or any other label like it is lower than loan-sharking. It is a legal, multi-billion dollar industry that you...(Continue Reading)
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