Some credit union loans are not a good deal (USA Today)
Posted on August 4th, 2009 | by admin |More info…
Short-term loans offered by some credit unions as alternatives to high-cost payday loans are as risky and deceptive as those they’re supposed to replace, some consumer groups say.
BBB warns about phony debt collector scam in payday loans (Chesterton Tribune)
The Better Business Bureau (BBB) is issuing a national alert about phony debt collectors who have been telling consumers that they have defaulted on a payday loan and will be arrested if they dont pay immediately.
Payday lenders prey on their consumers (The Fresno Bee)
We’ve criticized payday loans many times because the lenders charge exorbitant rates for short-term loans that create a vicious cycle of one loan after another. Now payday lenders are concentrating their efforts in the poorest neighborhoods in the ce
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