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Battle over cash advance industry starts. Obama pushes payday financing guidelines in Alabama

00:43 01 May in direct installment loans
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Battle over cash advance industry starts. Obama pushes payday financing guidelines in Alabama Federal regulators are proposing an important clampdown on payday lenders as well as other providers of high-interest loans, saying borrowers have to be protected from methods that find yourself changing into "debt traps"...

Can Alabama Crack Down on Predatory Lending? Pay day loan clients typically make significantly less than $50,000 and they’re four times more likely to file for bankruptcy year.

13:34 30 April in direct installment loans
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Can Alabama Crack Down on Predatory Lending? Pay day loan clients typically make significantly less than $50,000 and they’re four times more likely to file for bankruptcy year. On Thursday, President Obama is visiting Alabama, where he could be likely to discuss pay day...

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