Let me make it clear about payday lending
Welcome to the Consumerist Archives
Many thanks for visiting Consumerist . At the time of October 2017, Consumerist is not any longer creating content that is new but take a moment to flick through our archives. Here you will find 12 years worth of articles on anything from how to prevent dodgy frauds to composing a complaint letter that is effective. Take a look at a few of our greatest hits below, explore the categories noted on the side that is left-hand of web web web page, or check out CR for reviews, reviews, and customer news.
Missouri AG Shuts Down Eight Online Payday Lenders Running From Southern Dakota Reservation
A lot more than 6,300 Missouri residents will get refunds or have actually their debts voided after their state’s attorney general reached an understanding having an on-line payday loan provider predicated on a Sioux booking in Southern Dakota. More
On The Web Payday Lending Organizations To Cover $21 Million To Be In Deception Charges, Must Waive $285M In Loans
It is no key that payday financing businesses charge high interest levels and a butt-load of charges due to their dollar that is small loans. Payday financing organizations break federal legislation by maybe maybe perhaps not being upfront in regards to the often fees that are highly inflated charge. The FTC today jumped in to block two online payday financing businesses from preying on customers with all the highest fine ever levied against a lender that is payday. More
Protecting Military Servicemembers From Predatory Loans Is Really A nationwide Protection Problem
In the last few years, we have written a quantity of tales about regulations targeted at protecting active-duty servicemembers and their own families from predatory loans as well as the companies that you will need to benefit from loopholes within these guidelines.