industry regulation

Republicans Want To Rewrite A New Loan Law

December, 2010, Republicans believe that the measures regarding loans, forced through in the last legislative session by Democrats might be canceled. By these measures, an individual can take out not more than $1,500. Republicans Want To Rewrite A New Loan Law

Posted on Sat, 2011-03-19 08:39

FBI Warns Of Collection Scams

The representatives of FBI have stated that great amount of calls is received each day from the people who have become victims of collection scams. Scammers say they represent a law firm, FBI or other legitimate-sounding agency.Posted on Mon, 2011-02-07 17:50

What Consequences Governmental Limitations Bring To Payday Loan Lenders And Consumers?

It is a shame that some payday loan lenders have blackened the reputation of honest ones by collecting illegitimate loans from their customers. There is no word to describe these scams leaving people without financial back up.

Posted on Tue, 2010-12-14 06:27

New Reform Bill – A Menace To Payday Loan Industry

2008 saw a terrible financial downturn that entailed many problems for the economy of the country and individuals. To prevent financial problems of the kind the Congress is considering a financial reform bill. The bill features creation of an agency called CFPA. The agency's top concern will be prevention of 2008 situation.Posted on Thu, 2010-07-08 05:00

Payday Loan Lenders Under Legislative Pressure

The main reason for detailed inspection and careful watch associated with instant payday loan industry is supposed to be high interest rates; as if high interest rates have the potential of worsening financial stability of the individuals taking out payday loans. However, so-called high interest rate turns out to be rather normal if we compare it wiPosted on Sat, 2010-06-26 06:34

Loan Consulting Firm - Payday Loans Are Required

Legislature versus payday loan companies is a common conflict nowadays. Hardly did anybody fail to hear at least in passing the reports from this constant battle. The reason for restricting legislature regarding payday loan lenders is well justified by the necessity to protect people from cheating and debts.Posted on Sun, 2010-06-20 06:44

This website is a middleman striving to match your needs with the offers of lenders. The site wants to satisfy your needs with the best offer, thus ensuring your financial stability and proper work of lenders. The operator of the site is not a lender, a representative or an agent of any lender. The operator set forth his goals in serving as effective and neutral middleman. There will be no promotion or any kind of advertising of the lenders that are less acceptable in your case. As offers vary among different lenders the site undertake the task of correlating needs and offers. You are to know that time of processing, approval and credit checks are the factors determined by lenders, so we cannot be 100% in each case. Lenders, as a rule, do not check your credit scores through Trans Union, Experian and Equifax. Still some payday loan lenders can get consumer reports and credit checks by means of other providers. There is no need to worry as credit score is rarely affected with such checks. NOTE! Cash advance loans are short-term loans which aren't used as long-term loans (it is the basic rule). For long-term financial solution you should use long-term loans.