Payday Loans Blog

Payday Loan Industry Collection Warning

Al — Tue, 31 Aug 2010 17:28:08 +0000

Consumer Alert regarding fraudulent collection activity involving payday loan customers!! Earlier this month we released an important notice on unlawful payday loan collection agents calling our customers in an attempt to solicit payment. There demeanor is very threatening and highly aggressive and unprofessional. In some cases, this group of individuals are threatening consumers with incarceration. Cash USA [...]

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Payday Loans

Al — Tue, 24 Aug 2010 21:18:19 +0000

A payday loan is a loan usually lent out for a short duration under 2 weeks. The average payday loan is for 8 days and the average payday percentage is around 15%. As per the statistics, 90% of the revenues that come to the payday loan lenders are from those who get [...]

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Payday loans save your day during a financial crunch

Al — Mon, 23 Aug 2010 17:16:00 +0000

Payday loans save your day during a financial crunch Sometimes people have a need for some emergency funds. It is not an expected thing, but rather an unexpected need where they need funds to get through a situation. There are payday loan centers in every city all around the world, made to assist people with situations [...]

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Cash Advance Loans in Demand in UK

Al — Mon, 16 Aug 2010 21:11:01 +0000

According to a cash advance resource, cash advance loans are on the rise in the UK. The credit crunch and lack of alternative loans seem to play a role in that. Payday loans, also known as payday advance, are sometimes referred to as cash advance loans or simply cash advance. Consumers can typically get a [...]

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Take Charge of Your Finances

Al — Thu, 12 Aug 2010 20:30:08 +0000

Mortgage rates remain low and have further dropped in June according to the Texas Home Loan Blog, yet many Americans are still unable to afford buying a home and continue to rent. There are many reasons why Americans continue to struggle to buy homes and settle on renting, some include unemployment, underemployment, increase of living expenses ,and [...]

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Arkansas Two Online Payday Loan Companies, Reports Payday Loans Max

Al — Thu, 12 Aug 2010 16:16:29 +0000

According to Payday Loans Max, Arkansas’s attorney General sues two online payday loan businesses and their owners. They claim that these online lenders lending out illegal payday loans with interest rates higher than allowed by Arkansan’s law. These law suits are against Arrowhead Investments Inc., and Galaxy Marketing Inc. Christopher Hodes is holder of both companies [...]

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Important Notice on Payday Loan Collections

Al — Mon, 09 Aug 2010 22:53:28 +0000

There is an important notice about fraudulent parties calling payday loan consumers and acting as collection agencies. This includes threatening them with legal action; including but not limited to arrest, extradition and court appearances. There is a consumer alert on the Payday Loan Blog on these fraudulent parties contacting payday loan consumers, including ours, and attempting to collect [...]

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Colorado Payday Loan Law Update

Al — Mon, 09 Aug 2010 20:49:36 +0000

According to a payday loan resource, under the HB 1351 regulation of Colorado, payday loan lenders can only charge a monthly fee of $7.50 maximum for every $300 they lend. The monthly cap will be $30, meaning that payday loan companies will not be able to lend out more than $1200 a month to any [...]

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Take charge of your personal finance

Al — Fri, 06 Aug 2010 20:27:10 +0000

I came across a nice article on a Personal Finance website about how the internet can be a useful medium to help you take charge of your personal finances and improve your quality of life. There are plenty of good online tools that can help you manage your finances, starting with your own bank. Most reputable banks [...]

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Avoid Overdraft Fees at All Costs

Al — Fri, 06 Aug 2010 18:09:58 +0000

As a direct lender of payday loans, we have said it many times: overdraft fees are among some of the worse fees you can get. Let’s say though, you had some cash left in your checking account enough to cover gas for your car, a cup of coffee from Starbucks, and lunch. But you made some [...]

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