Bank vs. Credit Union vs. Check Cashing Service

Bank vs. Credit Union vs. Check Cashing Service

Camps gear up to place name loans in the ballot

Significantly more than a ten years after Arizona voters rejected an effort because of the lending that is payday to create permanent a legislation enabling high-interest loans, town roads continue to be full of garish indications promising fast money without any credit checks needed.

Lending industry persuades Senate panel to advance bill permitting loans that are high-interest

Almost 10 years after Arizona voters outlawed “payday loans,” the lending industry is wanting to obtain its base right right straight back within the home having a type that is new of customer loan.

Stop triple-digit interest levels once and for all

Back 2008, Arizonans voted 2:1 to cease lending that is payday our state. From the time the payday lender’s defeat in the ballot field, the industry has greatly lobbied to reinstate triple-digit interest levels.

Proposed restrictions on pay day loans draw razor- razor- sharp responses from both edges

Federal officials revealed brand new restrictions on payday lenders Thursday that make an effort to assist low-income borrowers prevent the “debt traps” of easily available, high-interest loans that experts say victimize minority communities.

Nobody wishes loans that are flex out-of-state loan providers

Representative J.D. Mesnard is incorrect. Arizonans don’t wish lenders that are payday “flex loans.”

Loan providers provide charity assist in return for high interest levels

The consumer lending industry is offering to give some undetermined share of its profits to charities in exchange for being given the legal right to make loans with monthly interest rates up to 15 percent in a last-minute bid for votes.

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