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The convention also cited data from Kentucky's payday-loan database, collected over a full year by Kentucky's Department of Financial Institutions. In spite of the industry's claim that payday loans are short-term debts, the data prove otherwise.
Read moreTime to payday loan interest rates at 36%
In further support of its resolution, the Kentucky Baptist Convention cited data from Kentucky’s payday loan database. This data was collected over a full year by Kentucky’s Department of Financial Institutions. In spite of the industry’s ...
Read moreReader Letter | Rate cap is needed on payday loans
Cash Advance Loans| Kentucky |Area| - Super Payday Loans For Low Income ... you may also end up losing your car or your home if you ended up defaulting on that loan. With online payday loans, you are given the confidence of knowing they are short term ...
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Via Rod Dreher comes some good news: the Kentucky Baptist Convention is pushing for legislation to regulate predatory lenders: Kentucky’s largest religious denomination joined Tuesday in a growing call for regulations on payday lenders, saying such loans ...
Read moreBaptists, Catholics, and the Prohibition on Usury
The loan ended up costing him more than $4,000 in interest ... a Democrat who pushed a statewide crackdown on high-interest payday loans when he was governor from 1999 to 2002. Some in the military are too busy with moves between bases and ...
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