Battle over pay day loan industry starts. Obama pushes payday financing guidelines in Alabama

Battle over pay day loan industry starts. Obama pushes payday financing guidelines in Alabama
Federal regulators are proposing a substantial clampdown on payday loan providers as well as other prov File picture from 2010 programs cash advance companies, some available twenty-four hours a day, in Phoenix, Arizona. (Picture: Ross D. Franklin, AP) Battling over a proposed new guideline on pay day loans began Thursday, with supporters saying it can protect needy borrowe...

Instant Pay Apps and Their Wage and Hour Implications

Instant Pay Apps and Their Wage and Hour Implications
As peer-to-peer re re payment applications proliferate and on-demand technologies reach brand brand new areas of people’s everyday lives, it is common why these programs now provide solutions geared specially for workers. On-demand, daily pay apps, also referred to as “instant pay” or “earned wage access” are the outgrowth of two fundamental truths: (1) an incredible number ...

Should pay day loan complaints be at length?

Should pay day loan complaints be at length?
That you struggled with, having to borrow again the next month, you can make an “affordability complaint to the lender even for loans which you did repay if you were given payday loans. I’ve described the procedure in just how to request a quick payday loan refund, where you can find template letters you should use. A audience has expected exactly exactly exactly what ev...