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New York Payday LoansIt would be helpful if people like kadizzle put their money where their mouth is and paid their fair share. As he said, "I can assure you I pay a much lower tax rate than people who earn the same amount of money." When he voluntarily forks over the ... Read more
Health care reform is a joke - Bismarck Tribune... lending — mortgages, credit cards, payday loans and terms on savings accounts. It would take consumer regulation and enforcement powers away from bank regulators. Under current law, states cannot supersede federal consumer laws, but the ... Read more
Proposed Wall Street rules scaled back - WWLP 22NewsIn 2007, the FDIC set up an ill-conceived program for 30 banks to offer short-term loans of up to $1,000, at a maximum APR of 36%. They thought this “Affordable and Responsible Consumer Credit” program would prove that lenders could make a profit ... Read more
FDIC Survey Proves There Is a Role for Payday Lenders - Seekingalpha.comCreate a Consumer Financial Protection Agency to regulate consumer credit products such as mortgages, payday loans and credit cards ... New York Republican Rep. Christopher Lee sought to limit any financial disclosures to consumers to those presented ... Read more
House begins debate on sweeping financial regulation - Biloxi Sun HeraldRead 16 times. In 2007, the FDIC set up an ill-conceived program for 30 banks to offer short-term loans of up to $1,000, at a maximum APR of 36%. They thought this “Affordable and Responsible Consumer Credit” program would prove that lenders ... Read more
FDIC Survey Proves Payday Loan Customers Are Intelligent - Bloggernews.netCreate a Consumer Financial Protection Agency to regulate consumer credit products such as mortgages, payday loans and credit cards ... New York Republican Rep. Christopher Lee sought to limit any financial disclosures to consumers to those presented ... Read more
House financial-revamp bill hit with dozens of amendments - YAHOO!This demand is expressed in their slogan: "Ten Percent Is Enough." The campaign seeks a legal ceiling of ten percent imposed the interest rates for credit cards and predatory practices like "payday loans." Ten percent approximates the old ceiling on ... Read more
Stop Usury Now - NationMuch has been discussed and dissected about how Chairman Fred Hampton died, not enough has been said about how he lived. To describe this extraordinary young man as a gifted leader, teacher, motivator and coalition builder would be an understatement ... Read more
Black Kos, Tuesday's Chile - DAILY KOS... revamping rules for Wall Street is central in the effort by Congress to end government rescues of firms deemed “too big to fail” that led to last year’s bailouts of New York-based ... institutions from large banks to payday lenders to ... Read more
U.S. House Debates Financial Rules Revamp Amid Clash Over Fund - BloombergI can't stand debt. One of my missions in life is to help keep people out of debt. So I take it as good news that private student loans are declining fast. According to a new report from the College Board, the amount of nonfederal education loans in ... Read more
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