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Payday cash is the golden ticket to solving all your financial nightmares. This is when you go to the cash machine and the machine starts blinking-there's no cash in your account. You start sweating, and your heart rate increases until you almost pass out ...
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Seventeen states (including Georgia) have outlawed these businesses altogether ... therefore exempt from state laws regulating the industry. The folly of a payday loan can be seen in the following typical example. A borrower writes a post ...
Read morePersonal Finance: Payday loan vultures circle over festivities
As a result, charter holders could offer payday loans in states that banned them outright (Ohio, North Carolina, Arizona, and Massachusetts), in states that cap interest rates (Georgia, Montana and New Hampshire), and in states such as Virginia that limit ...
Read moreFederal Charter for Nonbanks Would Harm Unbanked
Jason Cox, stationed at Fort Benning, Ga., needed quick cash to drive to Minnesota to pick up his daughter during a family crisis. So Cox, a Purple Heart recipient who served three tours in Iraq, went to a Community Loans of America payday and ...
Read moreRuben Rosario: Legal battle on over loan to soldier
to WALG in Albany, Ga., are all right wing ... dealings with banks and financial institutions under federal charters. Without a director, payday loans, auto financing and a host of other financial organizations are left out of the purview ...
Read moreDec. 10 Readers' letters
They may end up pawning car titles and taking out payday loans. Companies like Equifax will now collect ... According to the FDIC more than 12 percent of Georgia households are considered un-banked. The numbers are highest among minorities.
Read moreCredit Agencies Expand Reach
However, in July 2011, when the new Consumer Financial Protection Bureau officially launches, that agency will become the major clearinghouse for consumer complaints about financial products such as credit cards, payday loans and mortgages. Torok from the ...
Read moreFTC report: Credit card complaints nosedive in 2010
Think about it: “Occupy ALL Our Homes.” “Occupy Our Credit Cards … Our Payday Loans … Our Buy-and-Drive Loans …” I’m not saying these are necessarily the right tactics, although they very well may be. But what’s most important ...
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