There are many reasons to get a personal loan: debt consolidation, home repairs, tuition costs or that item that you just have to have. A personal loan generally means that the loan is unsecured loan and repaid over a fixed period of time. A personal loan is not typically more than $50,000 and is […]
Entries Tagged as 'PayDay Loans'
Personal Loans: 6 Tips that will help you pick the best loan for you
August 20th, 2019 · Comments Off on Personal Loans: 6 Tips that will help you pick the best loan for you · Auto Loans, PayDay Loans, Your Money
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Full-Payment Test, Other Rules Would Help Safeguard Borrowers Against Vicious Cycle of Payday Loans: CFPB Proposal
June 2nd, 2016 · Comments Off on Full-Payment Test, Other Rules Would Help Safeguard Borrowers Against Vicious Cycle of Payday Loans: CFPB Proposal · PayDay Loans
In March of 2015, the Consumer Financial Protection Bureau (CFPB) announced that it was considering proposing new rules to payday lending that would “prevent or protect” borrowers. Well, now we have them. Here’s the gist of the CFPB’s proposed rules to strengthen consumer protections in payday lending, as well as auto title loans, and other high-cost loans.
Tags: CFPB·consumer protection
20 Percent of Auto Title Loan Borrowers Lose Their Vehicles: CFPB
May 20th, 2016 · Comments Off on 20 Percent of Auto Title Loan Borrowers Lose Their Vehicles: CFPB · PayDay Loans
It’s official. Auto title loans are just as bad as we thought, if not worse. According to a new report from the Consumer Financial Protection Bureau (CFPB), 20 percent of auto title loan borrowers on single-payment plans have their vehicles seized because they cannot pay them back.
Tags: auto title loans
About the Author, Kristy Welsh
Meet author and founder of Credit Info Center, Kristy Welsh. Credit repair expert Ms. Welsh is a regular contributor to our blog.