Bank vs. Credit Union vs. Check Cashing Service
Camps gear up to place name loans in the ballot
A lot more than a ten years after Arizona voters rejected an effort by the payday financing industry in order to make permanent a legislation enabling high-interest loans, town roads are nevertheless 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 straight straight back within the home by having a brand new kind of high-interest customer loan.
Stop interest that is triple-digit once and for all
Back 2008, Arizonans voted 2:1 to end payday financing in our state. From the time the payday lender??™s defeat in the ballot field, the industry has greatly lobbied to reinstate interest that is triple-digit.
Proposed restrictions on pay day loans draw razor- razor- sharp responses from both edges
Federal officials revealed restrictions that are new payday lenders Thursday that make an effort to assist low-income borrowers steer clear of the ???debt traps??? of easily available, high-interest loans that experts state victimize minority communities. Read More