Governor Bill Ritter of Colorado has recently signed an epic payday loan bill into law. This bill comes in the form of House Bill 1351. This bill will change the normal payday loan structure into a short-term loan. This short-term loan will be six to twelve months in length and come with a much lower [...]
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Payday loans meet a very specific need to a very specific subset of the population. People who can’t get credit via other means find themselves visiting the payday lender. They go there to get high-interest, short-term loans to meet temporary needs. In and of itself, this isn’t illegal. Many states place certain regulations on payday [...]
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Pay day loans can be expensive in the short and long term. Many people need ideas on budgeting and saving money. There are a variety of blogs on the World Wide Web to help all areas of a person’s life. The blogs below provides a wealth of information and will help keep spending on track [...]
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One of the most common questions that people who already have a payday loan ask is whether it’s allowed to have more than one. The fact of the matter is that the answer isn’t particularly cut and dried. It can be a bit muddy and unclear.
Still, there are three major areas you need to look [...]
When you think about payday loans, you normally think about that little building in the local strip mall that promises “instant cash” and “loans fast” on their windows. They probably use flashy neon signs. There’s a good chance that there are bars on the windows, which are probably designed more to make you feel safe [...]
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