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Cleaning up Illegal Lending Starts with Banks 22 Aug 2013 | 05:00 am
Lawmakers have started calling on banks to highten their awareness of third-party payment processors they do business with in order to curtail illegal online lending.
Washington State’s Quick One Step Payday Lending Fix 14 Aug 2013 | 05:00 am
In order to protect citizens from falling into cycles of debt, without intruding on the free economics of the financial sector, Washington State has implemented a law restricting borrowers to eight pa...
WalMart Funding of Alternative Lender Criticized 8 Aug 2013 | 05:00 am
WalMart has faced considerable opposition when it has tried to extend its services into alternative lending products.
Missouri Choosing to let Competition Regulate Payday Loans 23 Jul 2013 | 05:00 am
In Missouri, legislators have passed a bill to allow traditional banks to offer short-term loans to compete with payday lenders. The aim is to create competition in the market, and thus drive down cos...
Rhode Island General Assembly Passes on Payday Loan Interest Cap 17 Jul 2013 | 05:00 am
Though support and options for payday loan reform have certainly increased over the last several years in the state of Rhode Island, the state’s General Assembly continues to abstain from enacting any...
Comparing the Financial Prospects for Generation X and Millennials 24 Jun 2013 | 05:00 am
Experts are wary of the effects the five-year-long economic recession will have on the long-term finances for Generation X and Millennials.
The Dallas Morning News Champions Payday Loan Fairness for Texas 22 Jun 2013 | 05:00 am
The Dallas Morning News is calling for the state legislature to call a special session to find a compromise on payday loan regulations.
Washington State Payday Loan Measure Lives on 15 Jun 2013 | 05:00 am
In the waning days of a special legislation session, the Senate Rules Committee of the state of Washington has passed their Senate budget, along with five additional bills – including SB5312, which wo...
Rhode Island working on payday loan reform 11 Jun 2013 | 05:00 am
Though the Rhode Island General Assembly has taken a critical step towards finding a common ground on payday loans, with only two weeks left in session, a final compromise is still very much uncertain...
Consumer Advocates Fight High Interest Credit Union Loans 2 Jun 2013 | 05:00 am
According to the Center for Responsible Lending, many Credit Unions have been offering their customers short-temr loans with high interest rates.
