Lower rates do not respond to short-term loans | Editorials
Consumer advocates and those trying to protect those less fortunate are bracing for a fight that…
Browsing Tag
high interest
“Hey, Biden, do you want to close the racial wealth gap?” Cancel student loan debt.…
As a second-generation Latina and the first in my family to go to college, I remember when I was hustling just to be able to afford it. I remember the days — and nights – waiting tables at a series of restaurants in Miami, taking up…
What you need to know about high cost loans
Marla K. Williams is the managing attorney for the Legal Aid Society's Cookeville office and is also the lead consumer practice attorney.David Tarpley is an attorney with the Nashville Office and has practiced practically in the area of…
State Must Cap High Interest Lending – Now My opinion
Every day in New Mexico, people find themselves trapped in the cycle of high interest consumer loans - in…
What consumers need to know about high cost loans
It is an expensive time of year for many of us. Between gifts, trees and decorations, food and other expenses, the costs of the holiday season can push budgets to the limit.
For some Tennesséens, it may seem that the…
Legal aid society: high cost loans
D
David Tarpley
What consumers need to know about high cost loans
By Marla Williams and David Tarpley, Legal Aid Society
It is an expensive time of year for many of us. Between gifts, trees and decorations, food and other expenses,…
DFPI Reports Increase in Consumer Loans Under $ 2,500, Decrease in Consumer Loans Between $ 2,500…
On November 16, the Californian DFPI published Version 2.0 of its Annual Report PACE lenders, brokers and administrators licensed under the California Finance Act (CFL). The annual report examined unaudited data collected from CFL…
Payday loans are a problem. Can a public bank be part of the solution?
When the coronavirus first threatened the health and finances of Americans, Tiffany Moore of Forest Park first approached an installment lender in hopes of financial relief.
The good news: She got approval for a loan of $ 9,500 to…
California DFPI loan report released Buy Now Pay Later
On November 16, the Californian DFPI published Version 2.0 of its Annual Report financial lenders, brokers and PACE administrators licensed under the California Finance Act (CFL). The annual report examined unaudited data…
Attorney General Josh Shapiro announces wins in cases against out-of-state car title lenders –…
Delaware-based CashPoint and Owner Sentenced to Pay $ 8.5 Million, Cancel $ 3.2 Million in Outstanding Loans
HARRISBURG - Attorney General Josh Shapiro today announced victories in two…
State law requires payday loan stores to close
“Outside of business”. This sign is not new in the past 18 months.
Thanks to the coronavirus pandemic, sales for many traders have dried up, doors have been closed and employees have been laid off.
But across Illinois, state law passed…
4 types of emergency loans
If you don't have enough cash on hand or in your rainy day fund to cover an emergency expense, using an emergency loan can be a good option. Most types of emergency loans can provide you with quick access to cash. Plus, some have…