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Latest News

  • Why Millennials Are Tapping Payday Loans and Pawn Shops

    01/07/16 ,via Money

    35% of these borrowers are credit card users. 39% have bank accounts. So, in theory, they should have other options to access cash. Read More: Payday Loan King Is Opening a Pawn Shop With a Gun Range. There is a stereotype that users of alternative 

  • Why is the UC system investing in a payday lender accused of trapping people in perpetual debt?

    02/02/16 ,via Los Angeles Times

    The university could be just as vocal in raising issues about a payday lender without simultaneously making money off the backs of the poor. The Consumer Financial Protection Bureau has found that only 15% of payday loan borrowers are able to repay

  • Title Loans vs. Payday Loans: A Side-by-Side Comparison

    02/02/16 ,via STLtoday.com

    Getting quick cash to cover unexpected or emergency expenses can be a very costly experience, particularly if you have little savings and less-than-stellar credit. About 5% of American adults use payday loans to help pay the bills, but only about 1