Payday loans — the “lifesavers” that drown you in debt — are on the decline. Fines and regulatory scrutiny over high rates and deceptive practices have shuttered payday loan stores across the country in the last few years, a trend capped by a proposal last summer by the Consumer Financial Protection Bureau to limit short-term...
Payday Loans Are Dying. Problem Solved? Not Quite
Amrita Jayakumar, NerdWallet.com
Tue, 05/23/2017 - 10:15am
BING NEWS:
- Bad Traits That Cause Borrowers To Lose Money From Loans
We’ve all wished for that magic money tree at some point in our lives. But since those are about as real as unicorns, sometimes borrowing a bit of cash is the only way to handle those big expenses or ...
04/30/2024 - 10:16 pm | View Link - Cash Advance Vs. Payday Loan: What’s The Difference?
Jordan aims to make mortgages and loans understandable. Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
04/26/2024 - 3:29 am | View Link - What Is A Payday Loan?
With nearly two decades in journalism, Dori Zinn has covered loans and other personal finance topics for the better part of her career. She loves helping people learn about money, whether that’s ...
04/22/2024 - 12:12 am | View Link - Dave Ramsey Claims That 88% Of People Who Take Out Debt Consolidation Loans Have Debt Come Back — Is This True?
American financial guru Dave Ramsey claims that 88% of people taking out debt consolidation loans end up seeing that debt grow back. During an April 10 episode of "The Ramsey Show," caller Gordon from ...
04/16/2024 - 4:00 am | View Link - Climate change driving demand for predatory loans, research shows
According to the Pew Charitable Trusts, 12 million Americans take out payday loans each year ... the unaffordability problem can be expected to grow more dire,” she said. Molina is not thinking ...
04/15/2024 - 6:09 am | View Link - More
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