Military members and their families are part of a demographic which is particularly vulnerable to predatory lenders. Up until now, the government has responded by instituting rules and laws designed to decrease the chances...
Credit Unions, which are non-profit financial institutions not allowed to raise capital in the way a traditional bank can, are now allowed to offer payday loan 'alternatives' but some say that offering high interest...
How the Consumer Financial Protection Bureau (CFPB) Helps You The Consumer Financial Protection Bureau has been in the headlines for the past few months; but many debtors really don't understand how it will help them...
Texas legislators in House of Representatives passed a measure recently requiring that payday loan and auto title lenders disclose to customers information about their interest rates and fees upfront. Other legislation required lenders to...
In 2009, the governor of Delaware and the legislature created a new state law which required high-interest loan businesses to pay a $1,500 annual fee per office, with the fund earmarked for public financial...
We've heard a lot about the dangers of traditional payday loans and many states have clamped down on lending practices that exploit the poor and vulnerable. But as the state and federal governments have...
Across the country state legislators are lashing out at payday lenders because communities are being exploited and severely indebted. But what can we do to create viable alternatives to payday loans. Let's take a...
