|
|
|
With payday loans, poor get the loans, firms get the payday |
|
More info...
NATHAN HUNSINGER/DMNFor better or worse, millions of Americans like Yvonne Sands of Dallas borrow billions of dollars a year from payday lenders, who say they're making loans to customers scorned by other financial companies. Critics say the loans trap customers in a downward debt spiral, siphoning off their income as they struggle to repay.
Companies to Refund WV Customers for Illegal Online Payday Loans
Companies offering illegal Internet payday loans through at least five Websites will refund more than $305,000 under a settlement the West Virginia attorney general's office.
Digging into finance's pay dirt: The risky business of payday loans and more
Sometime this spring, Democrats stopped calling Sen. Chris Dodd's bill "financial reform" and started calling it "Wall Street reform." Most of the headlines and news releases on the sweeping legislation focused on the well-heeled, white-collar, upper crust of finance -- investment banks,... Loan - Payday loan - Business - Financial Services - Payday Advance Services
|
|
