Maryland Commissioner of Financial Regulation Announces $2 Million Settlement with Western Sky Financial, CashCall, Inc. yet others

Maryland Commissioner of Financial Regulation Announces $2 Million Settlement with Western Sky Financial, CashCall, Inc. yet others BALTIMORE, MD (June 23, 2014) – The Maryland Department of work, Licensing and Regulation’s (DLLR) Commissioner of Financial Regulation , Mark Kaufman today announced a permission contract to address abusive payday lending and collections tasks involving Western Sky … Continued

DFPI launches research into student-loan debt-relief organizations and takes action against Optima Advocates

DFPI launches research into student-loan debt-relief organizations and takes action against Optima Advocates The Ca Department of Financial Protection and Innovation (DFPI) today established a study into whether student-loan debt-relief businesses running in California are doing unlawful conduct beneath the California that is new Consumer Protection Law (CCFPL) and scholar Loan Servicing Act (SLSA). The … Continued

Branch launches low-cost pay day loan function

Branch launches low-cost pay day loan function The payday advances industry is rightly criticized for adding to a vicious period of poverty from the crazy payments practices and high interest levels for low-wage employees whom require an payday advance loan that is occasional. US cash advance businesses typically charge $15 or maybe more per $100 … Continued

Bank Charges Are Really a Concealed Expense of Payday Loans

Bank Charges Are Really a Concealed Expense of Payday Loans Pay day loans are fabled for their high interest levels and fees, but also for numerous borrowers, they usually have a moment, less cost that is obvious the lender charges incurred when automated loan repayments flunk. Bank overdraft and insufficient-fund charges usually add a huge … Continued

Cash Advance Business Under Scrutiny, Mo. Opponents effort that is renew Cap Interest Rates

Cash Advance Business Under Scrutiny, Mo. Opponents effort that is renew Cap Interest Rates Opponents of pay day loans state exceptionally interest that is high and quick turn-around sink individuals into a never-ending period of financial obligation. Those in benefit associated with loans state they truly are supplying a service that is necessary providing loans … Continued