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This loan won't help your credit score, even if you stay on top of it - CNBC


CNBC

This loan won't help your credit score, even if you stay on top of it
CNBC
Paying down your debts on time can help your credit score in the long run. But not if you use this type of loan.

and more »

Fall of payday lenders gives rise to alternative products - The Jerusalem Post


The Jerusalem Post

Fall of payday lenders gives rise to alternative products
The Jerusalem Post
Under the direction of the FCA, existing payday lenders are moving away from the traditional 14 and 30-day product to more payday loans alternatives. This reflects on more long term finance products from around 3 to 24 months – which gives the customer ...

Community Groups Urge Nevadans to Learn Risks of Payday Loans - Public News Service


Public News Service

Community Groups Urge Nevadans to Learn Risks of Payday Loans
Public News Service
Short-term, high-interest, payday lending is prohibited in several states - and many states that do allow these loans put limits on the amount of interest that can build up on them. But that isn't the case in Nevada. In the absence of those regulations ...

Payday Lenders Ask for Injunction to Delay Payday Lending Rule - Credit Union Times


Credit Union Times

Payday Lenders Ask for Injunction to Delay Payday Lending Rule
Credit Union Times
“By any estimate, the Final Rule will dramatically reduce the supply of credit by prohibiting most of the payday loans that are currently made,” the association said. “This in turn will make payday lending so unprofitable that it will virtually ...
Trade Groups Seek Injunction On CFPB Payday Lending RuleLaw360
Payday lenders say they are suffering 'irreparable harm'ConsumerAffairs

all 5 news articles »

While Feds Loosen Payday Loan Regulations, Colorado Voters Could Clamp Down - Governing


Governing

While Feds Loosen Payday Loan Regulations, Colorado Voters Could Clamp Down
Governing
As the federal government walks back historic regulations on payday lending, Colorado voters this fall will be asked to tighten them -- a sign that strong consumer protections are increasingly being left to the states. Short-term loans, often called ...

and more »

Payday loans are part of a deeper problem that investors must help fix - The Conversation UK


The Conversation UK

Payday loans are part of a deeper problem that investors must help fix
The Conversation UK
The collapse of payday loans company Wonga was met with numerous calls for better responsible lending, including by MP Stella Creasy and the charity StepChange. They focus on the need for responsible lenders that ensure potential borrowers are able to ...

and more »

Payday lending reform necessary - Piqua Daily Call


Piqua Daily Call

Payday lending reform necessary
Piqua Daily Call
In the legislature, we have been working tirelessly for years on an issue that has affected many of Ohio's families: the predatory practices of the payday lending industry. Payday loans are a type of short-term borrowing with high levels of interest ...

US Bank takes on payday lenders - Minnesota Public Radio News


Sacramento Bee

US Bank takes on payday lenders
Minnesota Public Radio News
U.S. Bank is introducing a new loan program aimed at cash-strapped people who need to borrow several hundred dollars for a few months — and are willing to pay very high interest rates. Annualized interest rates for the three-month loans of up to $1 ...
US Bank to offer small-dollar loans to compete with payday lendersSFGate
California should expand loans that help lower-income borrowers. This bill would do thatSacramento Bee

all 6 news articles »

Another option to payday lenders - The Star Beacon


Another option to payday lenders
The Star Beacon
Payday loans tend to be structured with complex compounded-interest rules and fee provisions that assure perpetuation of debt if a borrower is unable to pay. They can quickly become financial sinkholes. Surveys suggest that 10 million to 12 million ...

and more »

This RSS feed URL is deprecatedThis RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

This loan won't help your credit score, even if you stay on top of it - CNBC


CNBC

This loan won't help your credit score, even if you stay on top of it
CNBC
Paying down your debts on time can help your credit score in the long run. But not if you use this type of loan.

and more »

Fall of payday lenders gives rise to alternative products - The Jerusalem Post


The Jerusalem Post

Fall of payday lenders gives rise to alternative products
The Jerusalem Post
Under the direction of the FCA, existing payday lenders are moving away from the traditional 14 and 30-day product to more payday loans alternatives. This reflects on more long term finance products from around 3 to 24 months – which gives the customer ...

Community Groups Urge Nevadans to Learn Risks of Payday Loans - Public News Service


Public News Service

Community Groups Urge Nevadans to Learn Risks of Payday Loans
Public News Service
Short-term, high-interest, payday lending is prohibited in several states - and many states that do allow these loans put limits on the amount of interest that can build up on them. But that isn't the case in Nevada. In the absence of those regulations ...

Payday Lenders Ask for Injunction to Delay Payday Lending Rule - Credit Union Times


Credit Union Times

Payday Lenders Ask for Injunction to Delay Payday Lending Rule
Credit Union Times
“By any estimate, the Final Rule will dramatically reduce the supply of credit by prohibiting most of the payday loans that are currently made,” the association said. “This in turn will make payday lending so unprofitable that it will virtually ...
Trade Groups Seek Injunction On CFPB Payday Lending RuleLaw360
Payday lenders say they are suffering 'irreparable harm'ConsumerAffairs

all 5 news articles »

While Feds Loosen Payday Loan Regulations, Colorado Voters Could Clamp Down - Governing


Governing

While Feds Loosen Payday Loan Regulations, Colorado Voters Could Clamp Down
Governing
As the federal government walks back historic regulations on payday lending, Colorado voters this fall will be asked to tighten them -- a sign that strong consumer protections are increasingly being left to the states. Short-term loans, often called ...

and more »

Payday loans are part of a deeper problem that investors must help fix - The Conversation UK


The Conversation UK

Payday loans are part of a deeper problem that investors must help fix
The Conversation UK
The collapse of payday loans company Wonga was met with numerous calls for better responsible lending, including by MP Stella Creasy and the charity StepChange. They focus on the need for responsible lenders that ensure potential borrowers are able to ...

and more »

Payday lending reform necessary - Piqua Daily Call


Piqua Daily Call

Payday lending reform necessary
Piqua Daily Call
In the legislature, we have been working tirelessly for years on an issue that has affected many of Ohio's families: the predatory practices of the payday lending industry. Payday loans are a type of short-term borrowing with high levels of interest ...

US Bank takes on payday lenders - Minnesota Public Radio News


Sacramento Bee

US Bank takes on payday lenders
Minnesota Public Radio News
U.S. Bank is introducing a new loan program aimed at cash-strapped people who need to borrow several hundred dollars for a few months — and are willing to pay very high interest rates. Annualized interest rates for the three-month loans of up to $1 ...
US Bank to offer small-dollar loans to compete with payday lendersSFGate
California should expand loans that help lower-income borrowers. This bill would do thatSacramento Bee

all 6 news articles »

Another option to payday lenders - The Star Beacon


Another option to payday lenders
The Star Beacon
Payday loans tend to be structured with complex compounded-interest rules and fee provisions that assure perpetuation of debt if a borrower is unable to pay. They can quickly become financial sinkholes. Surveys suggest that 10 million to 12 million ...

and more »