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Tag Archives: payday lenders

San Antonio Payday Loan Lenders Facing Possible Regulations

San Antonio, Texas payday loan lenders are facing possible regulations. Folks in San Antonio are lining up at City Hall showing support for the City Council’s proposed ordinance to regulate direct payday loan lenders and auto title lenders. The council would like to regulate the amount of a payday loan based on the applicant’s income and an auto title loan would be based on the lesser of annual income and percentage of the vehicle’s value. The regulations would also limit the number of installments on a loan and mandate that there … Continue reading

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Payoff Payday Loan Lenders And Other Small Bills First

When you find yourself needing to use online payday loan lenders in order to keep up with your bills each month, it is time to reevaluate your expenses. Creating a debt-reduction plan along with a new budget to support it is a good direction. In order to start this new plan, you will want to take advantage of your annual free credit report. All individuals are promised one free credit report every 12 months by the credit bureaus. This service is provided to people in order to help keep fraudulent matter off your report as well as keep … Continue reading

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Payday Loan Lenders Support Bills Before Payday

Payday loan lenders will work with customers who have a poor or no credit at all. Small short-term payday loans are helpful to make payments when their paycheck is still too far away. But what happens when a person who is just starting out wants to take their no credit or already bad credit status into a new playing field? In order to have a credit score, you will need to have some debt. Your credit report is a figure which ranks an individual on how well money is managed. A person who chooses to … Continue reading

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Payday Loan Lender Warns Of Harassing Collections

Spotya! Online Payday Loan Lender is constantly looking for ways to help bring personal finance awareness to everyday money problems. Though the payday loan lender does not use a credit score to determine a loan, Spotya.com is aware of the importance of this number. Individuals are encouraged to know their credit score, understand what is reported on it and understand solutions to fixing it. Each year, an individual is allowed a free credit report from each of the three reporting agencies: TransUnion, Experian, and Equifax. Learn to understand what is written on your report … Continue reading

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Reporting A Payday Loan Lender And Other Businesses

Where do you go when you have a problem with a payday loan lender? If you believe that your payday loan lender is not using best practices, attaching undisclosed fees, or abusing your rights as they try to collect on the loan, you will want to report the company. Give a call to the District Attorneys’ office and explain your situation. If there is enough information to press charges, this office will be the office to do so. It is not just payday loan lenders being reported. If you feel that your rights … Continue reading

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Graduates Could Potentially Lean On Payday Loan Lenders

Statistics have shown that young spenders are increasing their frequency visiting online payday loan lenders. Young money, represented by those who are just getting started in the work force, is looking for relief with payday loan lenders. According to a PEW study, women between the ages of 25-44 are more apt to use payday loan lenders as a way to keep monthly budgeted expenses running properly. Could post-graduates be a part of the future statistics? As the costs for higher education continue to increase and student financial aid dwindle, the concern of graduates needing financial assistance after graduation is alarming many. It is … Continue reading

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U.K. Payday Loan Lender Fined For Fraudulent Practices

The U.K. continues to struggle with payday loan lenders using fraudulent practices with customers.  Just last week, a company from the U.K. was find over half a million pounds after they were found to have left themselves vulnerable to fraud. This payday lender has its credit license revoked for using unfair lending practices. MCO Capital failed to conduct appropriate identity checks which led to fraudsters targeting the company. These fraudulent applicants used more than 7000 other individuals’ information and successfully received payday loans from them. The U.K. does have regulations to prevent this sort … Continue reading

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Responsible Online Payday Loan Lenders Are Out There

Can’t get a hold of an online payday loan lender? You may not want to process your application with that particular lender. Avoid online payday loan lenders who are not available. It’s a good sign to move on towards another business when you can’t reach an online payday lender by phone. Direct payday lenders online are fast access to cash. Be aware that there are some fraudulent lenders out there hoping for people to send personal information their way. It is always good business sense to call the company during business hours and … Continue reading

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Let A Payday Loan Speak For Itself

Are payday loans being negatively talked about just because they are an easy target? This industry does not get used by people of all walks of life. It is not an answer to many financial problems and there are many who will never need to take out a payday loan online. Many customers who use these low cost payday loans to solve emergency cash problems, while others are dissatisfied with the fast payoff of the loans. Not paying your loan off in time can put a customer into a financial bind which makes these … Continue reading

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Are Payday Loan Lenders At The Core Of Mixed Financial Messages?

Payday loan lenders advertise easy cash to help with payments which cannot wait until payday. The online payday loan lenders did not create the initial debt or the living beyond income levels, so why do these lenders get the reputation for destroying people’s credit? It’s a mixed message deterring blame from one individual or company to another. Any legitimate payday loan lender would not go looking for a person to give a loan to, but just the opposite, the borrower searches out the lender. How are future generations learning to deal with money? Children … Continue reading

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