Payday Loans

What To Do When You're Getting Calls About Someone Else's Debt

Bankrate | Steve Bucci | Posted 05.10.2012

Read More: Debt Collectors, Fair Debt Collections Practices Act, ID Theft, Crime, Identity Theft, Debt Collection, Debt Collection Industry, Financial Crime, Payday Loans, Financial Crimes, Debt Collector Harassment, Money News

Dear Debt Adviser, I am a victim of identity theft. The person who stole my ID took out a payday loan and used a fake bank account number. I am now b...

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Fake Collectors Use Payday Lender Info To Scare People Into Paying Debts They Don't Owe

The Huffington Post | Alexander Eichler | Posted 04.27.2012

Read More: Video, Debt Collectors, Debt Collector Abuse, Diana Mey, Debt Collection, Debt Collection Industry, Collection Agencies, Ftc, Debt Collectors Facebook, Payday Loans, Federal Trade Commission, Facebook, Debt Collector Harassment, Business News

Another day, another story of debt collectors acting shady. Some California residents recently started getting threatening calls from fake debt col...

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Church Burns Credit Card Offers In Protest Of Predatory Lending

The Huffington Post | Harry Bradford | Posted 04.24.2012

Read More: Interest Rates, Debt, Video, Predatory Lending, Countrywide Financial, First Baptist Church of Lincoln Gardens, Cnn, Payday Loans, Discrimination, Credit Card Debt, Credit Cards, Housing Crisis, Rev. DeForest B. Soaries Jr., Business News

Sometimes, more than incense and candles are burned at Church. Last Sunday, members of the First Baptist Church of Lincoln Gardens in New Jersey ga...

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Payday Lenders Know You Gotta Spend Money To Make Money

The Huffington Post | Alexander Eichler | Posted 04.20.2012

Read More: Payday Lending, Payday Lenders, Consumer Financial Protection Bureau, Ftc, Campaign Contributions, Cfpb, Elections 2012, Payday Loans, Richard Shelby, Spencer Bachus, Jeb Hensarling, Federal Trade Commission, Video, Business News

Consumer advocates in Washington have pledged to battle payday lenders, the quick-cash loan shops that often charge ruinously high interest rates to p...

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Report: Wells Fargo Extends Loans With Extremely High Interest Rates

The Huffington Post | Bonnie Kavoussi | Posted 04.17.2012

Read More: U.S. Bank, Wells Fargo Bank, Payday Lenders, Wells Fargo US Bank, Wells Fargo, Payday Loans, US Bank, U.S. Bank Payday Loans, Video, Wells Fargo U.S. Bank, Wells Fargo Payday Lenders, Minnesotans for a Fair Economy, Center for Responsible Lending, Wells Fargo Payday Loans, U.S. Bank Payday Lenders, Business News

Big banks are participating in a practice commonly associated with the use of big signs to lure vulnerable Americans. Wells Fargo, the country's b...

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This Couple Helped The FTC Bust Debt Collection Scam

HuffingtonPost.com | Catherine New | Posted 04.11.2012

Read More: Fraud, Debt Collector, Video, Call Center, Ftc, Scam, Prepaid Cards, Payday Loans, Phantom Debt, Money News

The police car was only 30 minutes away, the caller told Brenda Foster, 46. If she wanted to prevent her own arrest, she better cough up $300, ASAP, h...

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Where Do You Go When You Need $10,000?

HuffingtonPost.com | Catherine New | Posted 04.05.2012

Read More: Bad Credit, Loan, Borrow Money, Springleaf, Credit Score, Payday Loans, High Intest Loan, Onemain, Personal Loan, Money News

Where do you go for a $10,000 loan when you have bad credit? Don't try a storefront lender. Some are closing their doors. Folks with spotty credit his...

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This Sneaky Trick Doesn't Work Anymore For Payday Lenders

The Huffington Post | Alexander Eichler | Posted 04.24.2012

Read More: Payday Lending, Payday Lenders, Ftc, Native Americans, Payday Loans, Immunity, Federal Trade Commission, Indian Reservations, Video, Consumer Financial Protection Bureau, Native American Tribes, Cfpb, Indian Tribes, Payday Loan Shops, Business News

Lately, payday lenders have been linking up with Native American tribes as a way to sidestep U.S. law. Federal authorities seem less and less willi...

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Ohio Republican Runs For Senate -- With Money From Bahamas Payday Lenders

The Huffington Post | Luke Johnson | Posted 03.14.2012

Read More: Payday Lending, Video, Josh Mandel, Election 2012 Blog, 2012 Election, Elections 2012, Payday Loans, Josh Mandel Payday Lending, Politics News

Josh Mandel, the Ohio Treasurer who is challenging Sen. Sherrod Brown (D-Ohio), traveled to the Bahamas last Friday to give a speech to payday lenders...

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Stopping Lawless Debt Collectors From Harassing You

HuffingtonPost.com | Catherine New | Posted 03.01.2012

Read More: Late Payments, High-Interest Loans, Debt, Debt Collectors, Cfpb, Bills, Loans, Payday Loans, Credit Cards, Federal Trade Commission, Phone Harassment, Consumer Protection, Harassment, Money News

Cebilla DeCastro still disconnects her phone at night, afraid of the calls from creditors. The 48-year-old prep cook filed for bankruptcy in June 2...

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Alabama's Largest City Looks For Alternatives To Payday Lenders

The Huffington Post | Alexander Eichler | Posted 02.10.2012

The biggest city in Alabama is putting its payday lenders on notice. Bankers and community leaders in Birmingham, Alabama met Thursday to discuss d...

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Almost Half Of U.S. Households Live One Crisis From Poverty, Study Says

HuffingtonPost.com | Alexander Eichler | Posted 01.31.2012

What does it mean to be poor? If it means living at or below the poverty line, then 15 percent of Americans -- some 46 million people -- qualify. B...

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New Consumer Cop Picks First Fight With Big Banks

HuffingtonPost.com | Ben Hallman | Posted 01.20.2012

Read More: Richard Cordray, U.S. Bank, Payday Lending, Payday Lenders, Consumer Financial Protection Bureau, Wells Fargo, Consumer Lending, Cfpb, Regions Bank, Payday Loans, Fifth Third Bank, Bank Payday Loans, Business News

Picking his first public fight with the banking industry, Washington's top consumer cop, Richard Cordray, promised on Thursday that his examiners will...

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President's Recess Appointment of Cordray Gives Watchdog Teeth It Needs

Ed Mierzwinski | Posted 03.09.2012

Read More: Americans for Financial Reform, Predatory Lending, Consumer Financial Protection Bureau, Wall Street Reform, Rich Cordray, Payday Loans, Cfpb, U.S. PIRG, Student Loans, Consumer Protection, Business News

Kudos to President Obama for standing up for consumers this week by making a recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau.

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Eyes On Colo. As Tribes Take Over Predatory Lending

AP | By MATT VOLZ | Posted 12.27.2011

Read More: Predatory Lending, The Chippewa Cree Tribe, Plain Green Loans, Predatory Lending Practices, Payday Loans, Native American Lenders Alliance, Indian Reservation Loan, Indian Reservation Payday Loans, Internet Payday Loans, Video, Business News

HELENA, Mont. -- An Indian reservation in the heart of Montana's farm country may seem an unlikely place to borrow a quick $600, but the Chippewa Cree...

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Fee-Dependent Prepaid Card Maker Moves Into Banking

HuffingtonPost.com | Catherine New | Posted 11.29.2011

Read More: Debt, Walmart, Payday Lenders, Prepaid Cards, Unbanked, Banking, Banks, Payday Loans, Credit Cards, Underbanked, Retail Banking, Greendot, Utah, Business News

In the latest signal that the economic crisis has fundamentally changed the way Americans handle their money, the largest provider of prepaid debit ca...

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Senate Amendment Targets High-Interest Bank Loans To Soldiers

HuffingtonPost.com | Chris Kirkham | Posted 11.18.2011

Read More: Payday Loans Military, Debt, Military, Wells Fargo, Banks, Payday Loans, US Bank, Fifth Third Bank, Business News

For nearly five years, federal law has set strict guidelines on risky loans doled out to members of the military, after numerous reports documented ho...

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In trouble from an online payday loan? You might not have to repay it

The Center for Public Integrity | Posted 11.30.2011

Read More: Payday Loans, Business, Finance, Iwatch News, Business News

By David Heath, iWatch NewsWayne Coons felt a sense of panic when he realized that the $350 payday loan he got over the Internet was costing him hun...

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Payday lending bankrolls auto racer's fortune

The Center for Public Integrity | Posted 11.26.2011

Read More: Politics, Payday Loans, Business, Finance, Iwatch News, Business News

By David Heath, iWatch NewsScott Tucker used stealth to become a millionaire. Now the mysterious businessman from Kansas is spending his fortune to ...

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The Trouble with Online Payday Loans

Daily Finance | Sheryl Nash | Posted 10.10.2011

Read More: Payday Loans, Paycheck, Bv-Money, Online Payday Loans, Black Voices News

If you're strapped for cash and need money quickly, an online payday loan can be tempting. But these high-interest loans can lead to financial trouble...

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Banks Increasingly Use Payday Loans Despite Crackdown On Predatory Lending

The Huffington Post | Alexander Eichler | Posted 09.21.2011

Read More: Interest Rates, Payday Lending, Predatory Lending, Social Security, Payday Lenders, Lending, Consumer Financial Protection Bureau, Wells Fargo, Loans, Center for Responsible Lending, Banks, Payday Loans, Checking Account Advance, Direct Deposit Advance, Business News

Two years after the recession officially ended and one year after the creation of a landmark financial law meant to prevent another financial crisis, ...

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Albany Considering Handing Check Cashers Blank Check for Predatory Lending

Jonathan B. Mintz | Posted 09.17.2011

Read More: State of the City, Banks, Move Your Money, Michael Bloomberg, Jonathan Mintz, Financial Reform, Department of Consumer Affairs, Payday Lending, Banking, New York City, Payday Loans, Predatory Lending, Consumer Protection, Business News, Poverty, moveyourmoney.info, Check Cashers, New York News, New York News

A very dangerous bill has made alarming progress in Albany the last few legislative sessions and I fear more of the same in the next session.

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Legalized Loan-Sharking: Is It Coming to New York?

Amy Traub | Posted 07.26.2011

Read More: Payday Lending, Payday Loans, New York State Banking Department, State Senator Hugh Farley, Check Cashing, Short Term Financial Services Loan Act, New York News

Payday lending has been denounced as "a scourge on vulnerable citizens" and condemned as "modern day usury." So why do some state legislators want to introduce these predatory financial products to NY?

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Payday Loan Kingpin Praises Elizabeth Warren

HuffingtonPost.com | Zach Carter | Posted 07.10.2011

This article has been updated WASHINGTON -- The Chairman of the nation's largest payday lending outifit is making the rounds in the nation's capita...

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Why Are So Many Democrats Taking Campaign Contributions From Predatory Lenders?

Yashar Ali | Posted 07.09.2011

Read More: Goldman Sachs, Payday Loans, Crew, Payday Lenders, Campaign Finance, Financing, Democrats, Politics News

If you heard an elected official that you are supporting was accepting campaign contributions from tobacco companies, would you stop supporting them? ...

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