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Payday loan laws of North Dakota do cover limits of 60 days on the length of payday loans. They also have a limit of $500.00 per loan. They do not limit how many loans a person may take out at one time. The interest rates and the lack of any limits on roll overs is […]
The numbers do not lie, and after reading them one can only shake their head and wonder why this country is willing to let payday loan fees and interest net $1 billion from out poor! The sad fact is these companies prey on low income and disadvantaged people, many times placing their stores in these […]
I stumbled upon this study by accident as I was going through some payday loan news alerts. I thought I would share it with everyone. That article was titled “Study is in.” Which really did not explain much, and was extremely vague, which is probably why I missed it, so I titled mine “Pew charitable […]
Iowa payday loan laws are actually in the middle of the list when it comes to protecting the borrower. While some parts are good for the borrower, the interest rates are still out of the park and they allow roll overs, which can cause serious financial hardship if you let the loan get out of […]
The Kansas state payday loan laws are more geared for protecting our service men and women than the general public. This is great for those who serve but they are not very user friendly for the general public. Lets take a look at some general stats, then touch back on the service laws. You may […]
The House committee voted on Tuesday to send a bill to a sub committee that would have led to both payday loan reform and title loan reform in Alabama. This move pretty much shoots any chances of the bill getting any attention in the Senate. The bill, sponsored by Rep. Patricia Todd, D-Birmingham, would have […]
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Tuesday, April 16th members of US Bank will be jetting to Boise, Idaho for their annual shareholders meeting and they would like to keep it a low key event. The Minneapolis, MN based bank is trying to hide this meeting to keep the activists away, but it is turning out to be a futile effort. […]