5 Pricing structure of payday loans 5 Proponents' stance and counterarguments 5.1 Industry... [12] Texas' Office of the Consumer Credit Commissioner collected data on 2012 payday loan usage...
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Need cash fast to deal with an emergency, bills, or rent? A payday loan or car title loan might be tempting. But these are expensive loans and they can trap you in debt. Find out how they work and...
most payday and auto title loans require today. These guidelines emphasize the importance of preserving sufficient room in borrowers’ budgets for food, utilities, clothing, medical care...
Payday loan providers are regularly looking at the courts looking for unlawful costs when borrowers don’t possess the funds to settle their loans on time, a written report from Texas Appleseed discovered. Such fees often leads to arrest and on occasion even prison time in the event that courts choose to pursue an instance. “as well as their crazy prices and financing practices, pay day loan companies are illegally utilizing the unlawful justice system to coerce payment from borrowers,” stated Ann Baddour, director for the Fair Financial S ...
Records of who received loans under the Paycheck Protection Program released last week show that 35 companies that provide payday loans, car title loans, and other high-interest, low-dollar...
Information on the legal status of payday loans in the United States, including allowable loan terms and limitations on debt and collections.
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10 Montana’s 36% APR rate cap also applies to car-title and consumer installment loans. Loan churn in states with no restrictions on payday lending costs borrowers at least $2.6 billion...