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News Sources wrote an interesting post today on
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A big payday lender is quitting Virginia because of the tough economy and new restrictions on high-cost instant loans.

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News Sources wrote an interesting post today on
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391 Percent Payday LoanNew York Times, United StatesIt seems like just a little loan, a few hundred dollars in advance of payday. But at an interest rate of $15 per $100, that little loan gets big in a hurry. And if another loan is needed — which sometimes happens, since the last payday loan took so …Hidden Costs: Payday Loans KOKI FOX 23 all 4 news articles

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News Sources wrote an interesting post today on
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Payday lenders in SLC’s sightsSalt Lake Tribune, United StatesShe didn’t have to go far, finding 27 payday-loan stores within three miles of the house. “I became one of those revolving-door payday-loan people,” Bailey told the Salt Lake City Council, conceding she had nine loans at once. …

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News Sources wrote an interesting post today on
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A tale of payday loan troublesTheDigitel, SCNancy Sineath of North Charleston penned a letter to The Post and Courier about the trouble she encountered when using payday loans. If you feel that you absolutely must take this chance, make sure you fully understand that you are in it for the long …Tighten payday lending rules Charleston Post Courier all 2 news articles

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