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(Need cash fast) Many see payday loans as only option (Lexington Herald-Leader) |
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More info... FRANKFORT A survey of low-income families in nine Kentucky counties showed that many turned
Helpful finance tips, or sneaky payday loans ad? (MSNBC)
The owners of Econ4u.org, which offers financial advice, say it has a straightforward, noble mission: to "teach important economic concepts." But while the site offers plenty of useful money basics, there is one oddity: information on controversial payday loans is unusually positive.
A look at the proposed consumer financial watchdog (San Francisco Chronicle)
A look at Obama's proposal to create a Consumer Financial Protection Agency: _The agency would oversee products used by consumers such as mortgages, credit cards, payday loans and terms on savings accounts. _The agency would be in charge of implementing a law... Sponsored Topics: Credit card - Payday loan - Loan - Savings account - Business
N. Texas credit unions plan to compete with payday lenders (Fort Worth Star-Telegram)
Eight companies plan short-term loans with interest capped at 18 percent.
Payday loan users say they have no options, study says (Lexington Herald-Leader)
FRANKFORT A survey of low-income families in nine Kentucky counties showed that many turned to payday lenders because they couldnt access traditional loans or other banking services.
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