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Payday loan job shadows exec's run for Connecticut governor - Washington Post


Washington Post

Payday loan job shadows exec's run for Connecticut governor
Washington Post
But the role getting all the attention is his most recent job as CEO of a global payday lending company. Rivals have piled on criticism of Stefanowski's involvement with a company offering loan products that are not even legal in Connecticut. In the ...

and more »

KC Becker and Edie Hooton: Proposition 111 will close the payday loan loophole - Boulder Daily Camera


KC Becker and Edie Hooton: Proposition 111 will close the payday loan loophole
Boulder Daily Camera
In Colorado, payday lenders are able to charge more than 200 percent interest because they are exempted from a state law that caps annual percentage rates at 36 percent. This law ensures fair lending for consumers across the state, so why should we ...

and more »

Community Leaders Warn About Payday and Installment Loans - OzarksFirst.com


OzarksFirst.com

Community Leaders Warn About Payday and Installment Loans
OzarksFirst.com
"Predatory lending, these payday loan, car title loans establishments are a drain on the wealth of Springfield," said Susan Schmalzbauer, organizer of Faith Voices of Southwest Missouri. A new report said Missourians are exposed to more short-term ...

Short on Cash? Use Your Employer as a 'Payday Lender' - WKYC.com


WKYC.com

Short on Cash? Use Your Employer as a 'Payday Lender'
WKYC.com
If you were in a financial bind, would you turn to your employer instead of a payday lender? Coming up with cash quickly can be a costly endeavor for the 78% of working Americans who often live paycheck to paycheck. Many turn to payday loans because ...
Budgeting: How to Create a BudgetNerdWallet
26 Legit Ways to Make MoneyNerdWallet

all 20 news articles »

Prop. 111 looks to limit predatory payday loans, but critics say it could limit some businesses - BizWest


BizWest

Prop. 111 looks to limit predatory payday loans, but critics say it could limit some businesses
BizWest
Proposition 111 — the Limits on Payday Loan Charges Initiative — would reduce the interest rate on short-term loans to a yearly rate of 36 percent and eliminate any other fees and charges on payday lending. Currently, the maximum charges allowed to ...

Payday Loans Can Trap Borrowers In A Cycle Of Debt, But Should They Be Wiped Out? - Colorado Public Radio


Colorado Public Radio

Payday Loans Can Trap Borrowers In A Cycle Of Debt, But Should They Be Wiped Out?
Colorado Public Radio
Payday loans are in the cross hairs on this year's ballot. Proposition 111 would limit interest rates to 36 percent on loans that are often advertised as quick-fixes or one-time deals for emergencies. But consumer advocates say that's often not the case.

The Utility Of Joining a Payday Loan Affiliate Network - Baltimore Post-Examiner


Baltimore Post-Examiner

The Utility Of Joining a Payday Loan Affiliate Network
Baltimore Post-Examiner
To effectively secure a place in this crowded market, anyone advertising payday loans online might consider building a reliable partnership with a payday loans affiliate program, which can turn out into multiple financial benefits. As part of this ...

What payday lenders don't want you to know - Albuquerque Journal


What payday lenders don't want you to know
Albuquerque Journal
Recently, U.S. Bank announced a small-dollar loan product known as Simple Loan. The announcement generated fanfare in New Mexico and beyond. The product is a three-month installment loan of up to $1,000. While the Simple Loan APR of 70 percent is ...

Litigation Funding Company Survives Payday Lending Lawsuit - Law.com


Law.com

Litigation Funding Company Survives Payday Lending Lawsuit
Law.com
... don't recover a judgment or a settlement, Justice Keith Blackwell said in the unanimous opinion. And they don't have to pay back more than they recover. So, instead of loans, these payments amount to high-risk investments—with matching rates of ...

Proposition 111 could crush payday lending in Colorado - The Colorado Independent


The Colorado Independent

Proposition 111 could crush payday lending in Colorado
The Colorado Independent
The statewide measure on this November's ballot seeks to limit the total interest and fees charged by payday lenders to 36 percent. In 2016, Colorado's average rate was 129 percent, almost eight times higher than the current record-high annual 17.07 ...

This RSS feed URL is deprecatedThis RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Payday loan job shadows exec's run for Connecticut governor - Washington Post


Washington Post

Payday loan job shadows exec's run for Connecticut governor
Washington Post
But the role getting all the attention is his most recent job as CEO of a global payday lending company. Rivals have piled on criticism of Stefanowski's involvement with a company offering loan products that are not even legal in Connecticut. In the ...

and more »

KC Becker and Edie Hooton: Proposition 111 will close the payday loan loophole - Boulder Daily Camera


KC Becker and Edie Hooton: Proposition 111 will close the payday loan loophole
Boulder Daily Camera
In Colorado, payday lenders are able to charge more than 200 percent interest because they are exempted from a state law that caps annual percentage rates at 36 percent. This law ensures fair lending for consumers across the state, so why should we ...

and more »

Community Leaders Warn About Payday and Installment Loans - OzarksFirst.com


OzarksFirst.com

Community Leaders Warn About Payday and Installment Loans
OzarksFirst.com
"Predatory lending, these payday loan, car title loans establishments are a drain on the wealth of Springfield," said Susan Schmalzbauer, organizer of Faith Voices of Southwest Missouri. A new report said Missourians are exposed to more short-term ...

Short on Cash? Use Your Employer as a 'Payday Lender' - WKYC.com


WKYC.com

Short on Cash? Use Your Employer as a 'Payday Lender'
WKYC.com
If you were in a financial bind, would you turn to your employer instead of a payday lender? Coming up with cash quickly can be a costly endeavor for the 78% of working Americans who often live paycheck to paycheck. Many turn to payday loans because ...
Budgeting: How to Create a BudgetNerdWallet
26 Legit Ways to Make MoneyNerdWallet

all 20 news articles »

Prop. 111 looks to limit predatory payday loans, but critics say it could limit some businesses - BizWest


BizWest

Prop. 111 looks to limit predatory payday loans, but critics say it could limit some businesses
BizWest
Proposition 111 — the Limits on Payday Loan Charges Initiative — would reduce the interest rate on short-term loans to a yearly rate of 36 percent and eliminate any other fees and charges on payday lending. Currently, the maximum charges allowed to ...

Payday Loans Can Trap Borrowers In A Cycle Of Debt, But Should They Be Wiped Out? - Colorado Public Radio


Colorado Public Radio

Payday Loans Can Trap Borrowers In A Cycle Of Debt, But Should They Be Wiped Out?
Colorado Public Radio
Payday loans are in the cross hairs on this year's ballot. Proposition 111 would limit interest rates to 36 percent on loans that are often advertised as quick-fixes or one-time deals for emergencies. But consumer advocates say that's often not the case.

The Utility Of Joining a Payday Loan Affiliate Network - Baltimore Post-Examiner


Baltimore Post-Examiner

The Utility Of Joining a Payday Loan Affiliate Network
Baltimore Post-Examiner
To effectively secure a place in this crowded market, anyone advertising payday loans online might consider building a reliable partnership with a payday loans affiliate program, which can turn out into multiple financial benefits. As part of this ...

What payday lenders don't want you to know - Albuquerque Journal


What payday lenders don't want you to know
Albuquerque Journal
Recently, U.S. Bank announced a small-dollar loan product known as Simple Loan. The announcement generated fanfare in New Mexico and beyond. The product is a three-month installment loan of up to $1,000. While the Simple Loan APR of 70 percent is ...

Litigation Funding Company Survives Payday Lending Lawsuit - Law.com


Law.com

Litigation Funding Company Survives Payday Lending Lawsuit
Law.com
... don't recover a judgment or a settlement, Justice Keith Blackwell said in the unanimous opinion. And they don't have to pay back more than they recover. So, instead of loans, these payments amount to high-risk investments—with matching rates of ...

Proposition 111 could crush payday lending in Colorado - The Colorado Independent


The Colorado Independent

Proposition 111 could crush payday lending in Colorado
The Colorado Independent
The statewide measure on this November's ballot seeks to limit the total interest and fees charged by payday lenders to 36 percent. In 2016, Colorado's average rate was 129 percent, almost eight times higher than the current record-high annual 17.07 ...