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Paydayloans Near Me

CFPB Pay Day Loan Rulemaking is Imminent and certainly will Target Repeated Borrowing

The CFPB has marshaled information against just what it views as a suffered usage problem by pay day loan borrowers and it is “in the belated stages” of drafting guidelines to restrict pay day loan borrowing, in accordance with Director Cordray’s remarks ready for today’s field hearing. It would appear that into the future that […]

FTC Action causes $4.8 Million Judgment Against Deceptive advertiser; Company Tricked Payday Loan Applicants into Buying Prepa

A federal court has ordered Swish Marketing, Inc. to pay more than $4.8 million for 1 hour payday loans direct lender michigan tricking hundreds of thousands of payday loan applicants into paying for an unrelated debit card at the request of the Federal Trade Commission. The FTC is closely monitoring lending that is payday other […]