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 […]
Are you not financially fit to pay your medical bills? Or, don’t have an emergency fund to manage a sudden requirement for cash? If yes, then you can take out a payday loan to get some money soon. But before you do so, you need to consider certain facts that will help you to make […]
The Ohio Senate passed a payday lending bill on July 2018 which started a big controversy in the payday lending industry. That scenario was the outcome of the creation of House Bill 123, officially known as the Fairness in Lending Act, signed by Gov. John Kasich. Senators voted 21 to 9 for a version of […]
