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Payday Loan Company Mr Lender Uses Christmas To Tackle The Poor With iPhone Draw
Payday lender tricks borrowers into hoarding Christmas debt with promise to enter raffle to win iPhoneFormer Payday Loan Customers Lured by Promise of Lucky DrawThe Mr. Lender company texted past customers offering high-interest loans to!-->…
Payday Loan Outlets Targeted By Surrey Settlement Proposal
Surrey City Council is looking for ways to prevent loan companies from clustering around the low-income neighborhoods of Newton, Whalley and Guildford. Companies like Money Mart and Cash Store offer payday loans to people who do not…
Moola says 30-50% interest cap would have killed payday loan market
An interest rate cap of 30 to 50 percent would have excluded the country's largest payday lender from the short-term loan market. Minister of Commerce Kris Faafoi has selected limit the total accumulation of interest and charges on…
Payday loans cost Kiwis a big premium
Hundreds of cash-strapped Kiwis are struggling to repay their payday loans , with some facing bills up to six times the original loan amount, according to the Family Budgeting Services Federation.
Chief Executive Officer Raewyn Fox said…
China uses ‘payday loan diplomacy’ to exert influence in the Pacific
China is using "payday loan diplomacy" to exert influence in the Pacific, the new US ambassador to Australia said on Wednesday in comments that threaten to exacerbate regional tensions.The United States and its regional allies are…
Better Late Than Never: Montel Williams to Stop Paying Loans
Photo: MoneyMutual
There is another small ray of good news today in the long-term battle to rid the nation of predatory crooks in the payday loan racketeering. After years as a well-paid barker for sharks at Mutual Money, the…
Consumer advocates oppose return of high-cost payday loans in North Carolina (video)
The payday loan has been illegal for over a decade in North Carolina. But now Regions Bank has a product known as the “Ready Advance” loan, which consumer advocates say is just as bad as traditional in-store payday!-->!-->…
How Payday loans work: Truths, Myths, and the Potential Catch
Based on the Consumer Financial Protection Bureau, payday loans are high-cost, short-term loans for small sums. These loans are definitely not the best deals in the world of personal finance, However, many consider them to be an easy…
California Supreme Court Declines to Extend Tribal Sovereign Immunity to Payday Loan Companies…
On December 22, 2016, the California Supreme Court rendered People ex rel. Owen v. Miami Nation Enterprises. The ruling concluded that some tribal business entities that provided loans in California are not "arms of the tribe"…