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IMPORTANT: Bing News RSS feed has moved!They're called many names: payday loans, cash advance loans, check advance loans, post-dated check loans or deferred deposit loans. What they are, though, are short-term, high-interest-rate loans given to borrowers who need a little extra cash ... Read moreJean Chatzky: Quick cash at a steep price for payday loansDebt advice groups have raised the alarm over Government supervision of ‘legal loan sharks’ after it emerged that official data on the industry was two years out of date. The rapid increase in the number of short-term – or payday – lenders offering ... Read moreGovernment’s payday loan data 'out of date', warn debt advice groupsBut those businesses are actually a front for an unlicensed Internet payday loan empire that consumer advocates say may not comply with a newly passed Tennessee law. The Chattanooga entrepreneur who controls the businesses, Carey V. Brown, calls his payday ... Read moreLocal companies tied to offshore payday lendersWant to talk to somebody at a payday loan operation? Good luck. Most payday lending company phone numbers are disconnected, others now belong to different businesses. A customer service representative did answer at EZ Money Check Cashing in Missoula last ... Read morePayday lenders find new home online; interest rates hit 1,000 percentWonga, the short-term loan business, has long argued that it is more transparent than the banks. Earlier this year Errol Damelin, the founder of the company, told The Telegraph that customers could not compare the cost of borrowing money in the short term ... Read morePayday loans: legal loan-sharking or a better bet than the banks?The problems of this style of borrowing have been well-documented of late with this type of short-term lender coming under attack from the media and debt charities alike. The bad reputation of payday loans seems to have led to some organisations trying to ... Read moreThe dangerous lure of payday loans in disguise(EMAILWIRE.COM, December 16, 2011 ) London, UK -- Payday Loans90, a preeminent provider of payday loans UK services for cash-strapped consumers, had previously announced its intention and attempts at getting major members of the financial community in the ... Read morePayday Loans90 Plans to Team With National Protests to Come Face to Face with Major BanksNeon signs advertising easy-to-get payday and auto title loans take on a special glitter during the holidays, when need and desperation for a small amount of cash are at an all-time high. But a predatory lender masquerading as a cash-bearing "Santa" is ... Read morePayday loan: The gift that keeps takingNEW YORK (MainStreet) — CoreLogic debuted a new credit report in November that incorporates data from sources that traditional credit scoring models have previously overlooked. These sources will include information on lease applications ... Read more |