Payday Loan

FBI Draws Attention To Payday Loan Schemes

WASHINGTON (AP) -- The FBI says some recipients of payday loans are being defrauded by callers posing as representatives of the FBI, law firms or other legitimate-sounding agencies demanding repayment to avoid legal consequences.

How payday loans became big business

Allan Jones wasn't looking to kick-start an industry when he flew his single-engine Piper Saratoga from his home in Cleveland, Tenn., across the state to Johnson City in the spring of 1993. He wanted only to persuade a man to come work for him.

ConsumerMan: Pitfalls of payday lending

I’ve warned you before about the pitfalls of payday loans – the exorbitant interest rates and the danger of getting sucked into an endless cycle of debt. Now there’s a relatively new player in the short-term loan game that makes the payday loan store down the street seem like a bargain.

Mo. senator calls for changes to payday loan laws

Missourians who take out payday loans could get more time to pay them off under legislation propose by a state senator.

Ferratum warns against rogue payday loan firms

Consumers need to be on their guard against unscrupulous payday loan lenders who are stealing money from people’s accounts, says Ferratum.

Missouri senator calls for changes to payday loan laws

JEFFERSON CITY, Mo. (AP) — Missourians who take out payday loans could get more time to pay them off under legislation propose by a state senator. Payday loans are unsecured loans of $500 or less that must be paid off within 31 days. Sen.

Same Day Payday Loan Introduces New “How it Works” Resource

Site Update Breaks Down the Cash Loan Process for New Borrowers (PRWeb February 05, 2012) Read the full story at http://www.prweb.com/releases/2012/2/prweb9167352.htm