Payday Hound Comparison Website Points To Alleged Prohibited Lender, Offshore Loans

Payday Hound Comparison Website Points To Alleged Prohibited Lender, Offshore Loans

A unique on the web comparison site could be serving being a gateway to lending that is dangerous.

The newly launched Payday Hound website advertises itself as providing “impartial and informed” reviews, comparing the prices and costs of a large number of online loan stores, including alleged payday loan providers, pawn stores along with other lenders that are short-term. But most of the website’s information raises alarms in regards to the protection of taking right out loans that are online customer advocates stated.

Associated with lots of internet sites noted on the Payday Hound, a minumum of one happens to be charged because of the Federal Trade Commission for unlawful behavior. Continue reading “Payday Hound Comparison Website Points To Alleged Prohibited Lender, Offshore Loans”

Let me make it clear about Wis. governor wipes out car name loans with veto

Let me make it clear about Wis. governor wipes out car name loans with veto

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Gov. Jim Doyle single-handedly banned car name loans in Wisconsin on Tuesday.

The governor finalized a bill that may manage lending that is payday the very first time after several years of unchecked development by the industry. But he artistically utilized his partial veto capacity to rewrite regulations, banning car name loans and making other modifications to safeguard customers from exactly exactly just what he called “predatory financing techniques.”

Continue reading “Let me make it clear about Wis. governor wipes out car name loans with veto”