Archive for the ‘State Payday Articles’ Category

Washington Payday Loan – 4 Questions To Ask Yourself

Saturday, November 29th, 2008
Washington State

Washington State

Do you live in Washington and need cash now? If you’ve been looking online for information about short-term loans and cash advances you’re probably more confused now that when you started. State payday loan laws vary greatly from state to state. Some states have very strict limits on the amount you can borrow and the rate of interest you can be charged while other states have virtually no limit to how much you can borrow or be charged in interest and fees.
(more…)

Illinois Cash Advance – 4 Things You Need To Know

Saturday, November 1st, 2008

Illinois Cash AdvancePayday loans can be confusing enough, but laws, terms and rates vary from state to state. You need a cash advance in Illinois and you need it fast, but you want to make sure that you’re not financially worse than you were before. You should make sure you understand all the loan terms, limits and fees that apply to you no matter where you live, whether it’s a large city like Chicago, or a small rural town.

The following information is everything you need to know before you decide to get the cash advance.
(more…)

States Continue To Restrict Borrowers Freedom

Wednesday, September 24th, 2008

Legislators in Ohio and other states are continuing to cap payday loans to 36% or lower. The lower interest rates has already forced over 150 payday lenders to close their stores. Politicians in Ohio took away a financial choice that people prefer, and for many, are their only choice.
(more…)

Debt Collection Scam Targets West Virginia Payday Loan Customers

Wednesday, September 24th, 2008

There is a new phone scam where phony debt collectors call posing as law enforcement officers, lawyers, bankers and other professionals with authority. The targeted consumer is falsely threatened with arrest for committing bank fraud. They are very intimidating and scare and confuse consumers with legal and financial jargon. The goal of the scam is to get your bank information so you can wire the money you owe so you won’t get arrested.
(more…)

Minnesota Payday Loan Regulations Apply to Out-of-State Lenders

Wednesday, September 24th, 2008

Following Pennsylvania’s interstate payday loan legal lead, Minnesota is now requiring all cash advance companies making small loans to Minnesota residents be licensed under MN law Monday.
(more…)