Many online lenders think they are immune to state laws - The Stopping Abuse and Fraud in Electronic Lending Act … Read more
Has Your Bank Account Been Taken Over by Automatic Withdrawals?
Find out what you need to do to take control of your bank account and be free from automatic debits, … Read more
Virginia Becomes Hub for Risky Car Loans
By Fredrick Kunkle
Published: August 23, 2012
Online ‘Payday’ Lenders Seek U.S. Oversight to Avoid State Rules
By Carter Dougherty
Jul 24, 2012 (Bloomberg)
The Internet’s “don’t-call-us- payday” lenders are making a bid for more respect in … Read more
Nationwide Pew Survey Challenges Conventional Wisdom on Payday Loans
Washington, DC – 07/18/2012
Americans spend $7.4 billion per year on payday loans, including an average of $520 in interest … Read more
Capital One to Pay $20 Million in First CFPB Enforcement Case
By Carter Dougherty and Dakin Campbell
July 18 (Bloomberg)
Capital One Financial Corp. will pay a total of $210 million … Read more