If you’ve ever been strapped for cash and turned to a payday lender for financial help, it’s possible that the payday loan agreement you entered into is actually illegal. According to a recent story published on PublicIntegrity.org, a man from Puyallup, Washington got a payday loan from Ameriloan, but soon found that the lender was …
Add this to the list of reasons you should stay away from payday lenders: they might not handle your personal information very carefully, putting you at risk of identity theft and other problems. In fact, your personal data – everything from your Social Security number to your bank account number – may have been dangerously …
Payday Lenders and Check Cashing Stores Put Consumers At Risk of ID Theft Read More »
Arkansas Attorney General Dustin McDaniel filed a consumer protection lawsuit against a Missouri man and two companies that control six payday loan websites offering loans to Arkansas consumers at interest rates that exceeded 600 percent. The lenders known to be controlled by the defendants include: Action Payday, Bottom Dollar Payday, Everest Cash Advance, Paradise Cash …
Arkansas Attorney General Sues Operators of 6 Online Payday Lenders Read More »
If you’ve never taken out a payday loan, great. Please never do. If you have, please don’t ever do it again. If you absolutely need to borrow a small amount of cash, turn to your friends, family or employer, but don’t get a payday loan. What is a Payday loan? Payday loans are short-term loans …
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