Loans_Payday_loan » 2008 » January

And judging by the names of the payday loan stores, as well as their advertising, the process is both fast and easy. Let’s say you have car problems and the mechanic has estimated repairs to be about $500. But that’s 520 percent APR if you get two weeks to pay it back. Brenda Hammond, who […]

Higher rates on savings, lower rates on loans, no-cost ATMs and free or lower-fee services typify the offerings of credit unions, which are member-owned cooperatives, according to the study conducted by the National Association of State Credit Union Supervisors (NASCUS), the association of regulators for state-chartered credit unions. More than half of state-chartered credit unions […]

A plethora of quick cash advance payday loans is available on the internet today! Another important thing to note is that in the United States, only 37 states are legally allowed to give a payday loan. In all the remaining states of the nation, cash against paycheck lending is either illegal, or is not feasible […]

Getting a cash advance is not just hassle-free, but is also very fast and a convenient way of dealing with short term financial emergencies. If you are thinking about applying for a payday loan advance, compare several lenders to get the best deal on the interest rates. Payday loan advance today is the quickest and […]

Marc Fisher - Are Payday Loans a Service or a Disservice? Plus the interest on the last round of loans that she has rolled over because all her interest payments prevent her from paying off the principal on her loans. Virginia legislators are deep into their second year of debate over whether to tighten the […]

The Nova Scotia Utility and Review Board is looking to set limits on the fees charged by companies offering high-cost loans to people who need to borrow money between paydays. The board, an independent, quasi-judicial body that regulates a wide range of areas including gaming, utilities, railways, liquor licensing and payday loans, began hearings into the matter Monday in Halifax. […]

This improves performance is primarily a function of loan loss levels related at the cash advance product, which were down sequentially from Q3, 2007 levels and reached the lowest levels for all of 2007 in the fourth quarter. Once again, a sequential decline in fourth quarter loss metrics is highly unusual from a business cycle […]

More than 110,000 employees under the Defense Department’s new personnel system will receive performance-based payouts in their checks on Thursday, with the average increase amounting to 7. Ninety-eight percent of employees working under the National Security Personnel System’s Spiral 1 conversion received performance-based payouts this year, meaning their job performance was rated by their supervisors […]

Noll’s Langley Federal Credit Union is one of a growing number of credit unions, churches and nonprofit organizations that are providing low-cost cash advances as states like Virginia grapple with a growing payday loan industry and those left drowning in debt because of it. Langley Federal Credit Union was one of the first in the […]

For a fee, residents can go to any number of local payday lending offices for a short-term loan to get help get them to the next pay check. Caught in the middle are state lawmakers, who have proposed legislation to regulate the payday lending industry and plan to tackle the issue again next year. The […]

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