Need a loan to pay off debt? See if you qualify for relief without a loan Maryland regulators have ordered a South Dakota-based payday lender to stop making loans to Maryland consumers, alleging that the company charged excessive interest rates and conducted business without being licensed. The Payday lender, Martin A. Webb DBA Western Sky [...]
Payday Loans
Today, payday lender Quik Cash was forced to pay $170,000 in restitution by the Arizona Attorney General to “eligible consumers” that were victims of consumer fraud. According to a news release, the attorney general filed a lawsuit against Quik Cash in December 2009 for reportedly obtaining as many defaults as possible against consumers who lived [...]
Here are 5 alternative sources for cash to consider before using a payday lender: 1) Earn Cash By Being Neighborly Most of us are overworked and often overwhelmed -– and that includes the people who live right near you. If you can help out someone who lives nearby, that’s not just being a good neighbor, [...]
The $40 billion a year payday loan industry is booming thanks to high unemployment and a lack of access to traditional bank credit. While most individuals typically think about payday lenders doing business mainly with poor people and minorities, the Wall Street Journal reports that payday loans are also increasingly being used by middle class [...]