The town of Starkville finds itself in a situation that’s pretty common in many places during these tough economic times. It seems they’ve seen a quick expansion in the number of payday lenders within the city limits over the past few years. Accordingly, Starkville has decided not to allow any more payday loan businesses into [...]
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You think Starbucks and McDonalds are everywhere, payday loan centers put these places to shame. This info graphic lays out the facts.
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Payday Loans vs Starbucks vs McDonalds
Payday loans get a bad rap sometimes. To be sure, you’re going to pay a hell of a lot more for a payday loan than you are for a traditional loan, personal loan, home loan or even a credit card. Payday loans charge interest rates that, in many places, can get as high as or [...]
Read More →Payday lenders are under fire constantly. Consumer advocates and politicians like to take shots at payday lenders. They use words like “usury” or phrases like “loan sharks.” They compare today’s payday lenders to mafia-connected loan sharks of the early 20th century.
Still, opponents fail to recognize something: there wouldn’t be payday lenders if people didn’t need [...]
As you well know, payday lenders are pure evil. Their fees are outrageous, and even the Attorney General of Arizona knows that payday lenders are just out to hurt people. Payday loan signs are flashy and ugly, and they lower your property value.
What you may not know, however, is just how deep this problem goes. [...]