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| Top Payday Loan News |
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FBI Draws Attention to Payday Loan Schemes
ABC News- The FBI says some recipients of payday loans are being
defrauded by callers posing as representatives of the FBI, law firms or
other legitimate-sounding agencies demanding repayment to avoid legal
consequences.
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Federal Consumer Watchdog To Oversee Lenders
The new federal consumer watchdog, in a long awaited move, is teaming
up with state regulators to oversee the lending industry including, but not
limited to, payday lenders, student loan providers and mortgage
companies.
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Texas Attempts to Restrict Payday Loan Businesses
Like most US states, Texas is attempting to restrict payday loan
businesses as the powerful chairwoman of the House Pensions,
Investments and Financial Services Committee introduces
legislation she says would preserve the industry while …
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