You know a payday loan can hurt your credit score. But do you have any idea that failing to repay one payday loan can take you to court? Common people do not want to be in a courtroom in their entire life. Even most lawyers like to settle cases out of court. That’s why it’s […]
Did you take out too many payday loans each time you went through a temporary credit crunch? If answered yes, you must be finding yourself in a financial mess and looking for ways to repay your debts as soon as possible. If the lenders from whom you’ve taken out the payday loans are legal in […]
Payday loans are popular among people in America. Most of the people prefer to take out a payday loan when they run out of money. Some people consider this loan to get out of their financial difficulties. Payday loans are popular among people because it is a fast cash loan. The loan can be borrowed […]
Indiana Senate passes a bill that critics consider predatory, and opposed by the advocacy groups and a bipartisan group of state senators. Indiana senators voted 26-23 in favor of the bill. The Senate Bill 613 would allow new loan products especially payday loans which are considered as criminal loansharking under current Indiana state law. The […]
In Feb 2019, the federal consumer finance judge announced another breathtaking decision to relieve payday lenders. They revealed plans to roll back the Consumer Financial Protection Bureau’s 2017 payday lending rule drafted during Obama-era. The rule was disproportionately targeting the low-income borrowers who were offered high-interest loans. That rule was drafted under former CFPB Director […]
