Demonstrators: Cap payday loan interest rates If payday lenders go out of business in Idaho, consumers might turn to the internet to get fast cash from lenders that aren't regulated by the state, Larsen said. The bill's sponsors said they aren't trying to shut down the payday loan industry, ... Read more on Idaho Press-Tribune
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Short-term Euribor rates rise as ECB sugar rush fades
Short-term Euribor rates rise as ECB sugar rush fades 22 with its first of two 3-year loan operations, pushing excess liquidity to record levels. One-week Euribor rates, the most heavily influenced by excess liquidity, began to fall in the wake of the cash injection and hit a 20-month low on Tuesday at ... Read more [...]
Foreclosure deal is just a first step
Foreclosure deal is just a first step Contrary to what many people might think, subprime loans — high-cost loans for people with bad credit — were not the issue here. Mortgages made by Fannie Mae and Freddie Mac, the federal housing finance agencies, are not covered in the deal. Read more on Today's Sunbeam - [...]
First Premier Bank's Credit Card Rates Destroy Already Bad Credit
First Premier Bank's Credit Card Rates Destroy Already Bad Credit That's what CNNMoney reported is happening with the First Premier credit card, which targets consumers with poor credit. How can Congress regulate the cost of using a debit card but allows this type of legalized loan sharking to continue? Read more on Yahoo! Contributors Network
PayDayCentral.net: Many Consumers Not Adequately Informed on Laws Relating to …
PayDayCentral.net: Many Consumers Not Adequately Informed on Laws Relating to ... 3, 2012 /PRNewswire via COMTEX/ -- In response to growing consumer interest and demand, PayDayCentral.net has decided to provide information on a state-by-state basis for regulations that are specifically applicable to payday lending. Read more on MarketWatch (press release)