Survey: Christians State Predatory Loans Are Sinful. Most want the federal government to guard customers from loans with exorbitant interest.

NASHVILLE, Tenn.—Self-identified Christians in 30 states—from Alabama to Wyoming—say it is a sin to provide cash to somebody who can’t manage to repay it. Many want the federal federal federal government to protect customers from loans with exorbitant interest. Still, 1 in 6 Christians has taken away a high-interest pay day loan, while handful of […]

Acknowledging Cash Advance Scams and Protecting Yourself From Fraud. What’s an online payday loan?

Our objective at Allied Wallet would be to make processing online repayments as safe and sound as you are able to. For the reason that respect, we should alert merchants and customers about the possibility of fraud connected with pay day loans. An online payday loan scam, which we’ll explain in more detail below, could […]

Report: Subprime lending giant’s add-on “loan protections” put borrowers in danger

In this context, Webster points out, calling the add-ons “loan protection items” is misleading. They’ve been, rather, “a money cow,” she says. Almost 1 / 2 of the Denver standard instances the middle analyzed were renewals of previous loans that have been rolled over into brand brand new loans. The report alleges that, in doing […]