Finance
Payday advance industry record reveals astonishing statistics
Short term lending is a very difficult issue. The number of payday loans taken out within the last four years in the UK has increased by over 400 percent. In states as diverse as Montana, Arizona, and Ohio, new legislation that limits payday lending has been passed. Federally, S.3245, the Payday Lending Limitation Act of ...
Obama gives one more $ 3 billion for loans for unemployed foreclosures
$ 3 billion could be given by the Obama administration to help anyone getting foreclosed who's unemployed. Last week the administration announced plans to allocate $ 2 billion toward the Hardest Hit Fund, doubling the size of the program. $ 1 billion was given to a program to help unemployed borrowers who have delinquencies on ...
Changes to student loan programs make repayment easier for numerous
With the fall semester of 2010 coming up for students, recent changes to student loan programs are taking effect. One of the changes is an income based repayment standard being implemented. This could help make it an easy cash loans for students with debt trying to make payments. New formulas and regulations for student loans ...
Learn responsible lending, not how to limit choice
California lawmakers have taken it upon themselves to devise anti-payday lending legislation that they mistakenly consider to be a path to "responsible lending". Rather than allowing individuals to decide for themselves, lawmakers would rather hamper payday lending and eliminate the need for consumers to learn responsible behavior. Pay1Day writes in a recent press release that ...
When cash store has trials, it continues to serve the public
Personal loan companies just like the one called Cash Store have faced a great deal of legal opposition in their quest to provide quick money loans loans for consumers. Much of the flak has come from consumer interest groups with lobbyist connections to elected officials. They claim to represent the best interests of all of ...
