Payday Lender Resources and More...
Pay Day Loans
BankRate.com offers 5 secrets of payday lenders: "Educated consumers are not payday lenders' best customers, so here are five things payday lenders would rather you not know". See also my article Worse Than Loan Sharking .......(Continue Reading)
Payday Loans: Dangerous Consumer Rip-Off
Beware of Payday Loans: Dangerous Consumer Rip-Off...(Continue Reading)
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)
Presidential Proclamation: National Consumer Protection Week
President George W. Bush proclaims Feb. 5 - 10, 2001 as National Consumer Protection Week....(Continue Reading)
Quick and Easy Cash? There's Nothing Easy About Payday Loans
Quick and easy cash? There's nothing easy about payday loans....(Continue Reading)
Lending Scams Target Military
Drive close to any military installation, and you'll probably pass three pawnshops, and two Cash Advance and two Florida Internet businesses. Many of these companies are scams, targeting young, inexperienced military members....(Continue Reading)
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Recommended Payday Lender Site:
FDIC: Guidelines For Payday Lending
This guidance provides information about payday lending, a particular type … This guidance is necessitated by the high risk nature of payday lending and …
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