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  • Predatory lending continues to affect Navy readiness Posted: Aug 15, 2006 The Department of the Navy continues to raise awareness of predatory lending by informing Sailors and families of the pitfalls of payday loan cycles

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  • Dong, associate director of the National Association of Securities Dealers (NASD), said 75 percent of payday loan center customers are unable to repay their loan in two weeks, the normal length of a loan

  • Dong also said, active-duty members are three times more likely to use a predatory loan center than a civilian

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    California Reinvestment Coalition
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  • PLUS The California Senate Judiciary Committee has scheduled a hearing for August 8, where sentaors will have the opportunity to strenghten a bill intended to protect military service members from payday loan sharks

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  • The Webinar will introduce PCUA's new Better Choice program, an alternative payday loan product developed by PCUA in partnership with the State Treasurer's office and the Pennsylvania Department of Banking

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  • According to PCUA, the Treasury Department has indicated a willingness to help support the program through a “substantial” deposit in the credit union system, provided there is sufficient credit union interest statewide to deliver an alternative payday loan product

  • — The Pennsylvania Department of Banking has published an advanced notice of proposed rulemaking to solicit comments concerning proposed state regulations that will govern the proper conduct of lending and brokers mortgage loan business in Pennsylvania, specifically by businesses licensed by the Department

  • According to the ANPR, the Banking Department is proposing the rule “because in the past decade the mortgage loan business has significantly increased in complexity and competitiveness, resulting in a drastically changed borrowing landscape, ” and “borrowers may not understand the loan products offered to them or the process of obtaining a loan…” The Pennsylvania Credit Union Association is in the process of analyzing the proposed rule to determine its application, if any to credit unions or their mortgage lending affiliates such as CUSOs

    CNN - Payday loans: rip-off or rescue? - June 26, 1999

  • Payday loans: rip-off or rescue? When a paycheck doesn't stretch far enough, payday lenders offer short-term loans to fill the gap MAP: High interest rates are legal, but not everywhere June 25, 1999 Web posted at: 11:47 a.m

  • EDT (1547 GMT) In this story: (CNN) -- Janet Delaney and Sibylle Williams have steady jobs, but when their paychecks didn't stretch far enough, they were bailed out by lenders offering 'payday loans.' For both women, the financial rescue came at a very high price -- literally

  • Payday loans are short-term borrowing, that, if not paid off quickly, can lead to interest rates that are triple-digit -- and higher -- when calculated on an annual percentage rate (APR)

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  • Delaney found out how payday loans work when she needed $200 to pay her bills

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    The Russian Battlefield - Main Page
    Profiles Soviet tank development in World War Two, illustrated with numerous
    pictures and photos. Also covers artillery and major battles.

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