Many online lenders think they are immune to state laws - The Stopping Abuse and Fraud in Electronic Lending Act … Read more
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
Think Online Loans are Quick, Easy, and Anonymous? Think Again.
Top Pitfalls If You Engage in Online Predatory Loans; Lessons from our Predatory Hotline Callers… Read more