The anti-payday loan sentiment gripping some areas of the United States has spread to the church. Rev. Dr. DeForest Soaries, a senior pastor of the First Baptist Church, located in Lincoln Garden, New Jersey, is keen to start a campaign against instant cash loans across the nation. The Reverend received numerous phone calls after his [...]
Read the rest of this entry »
Last week’s first public meeting involving the Consumer Financial Protection Bureau (CFPB) and relating to the payday loan industry was eagerly anticipated and was well attended. The meeting took place in Birmingham, Alabama and hundreds of storefront instant cash loan companies were in attendance. It is the beginning of the CFPB’s involvement in the industry, [...]
Read the rest of this entry »
In the last article, we spoke about the unfair labels that were being attached to instant cash loans and were showing the fact versus the fiction. This second article will provide more of the same and show that online cash loans are an excellent way to solve a short-term financial crisis. Fiction #4 Instant cash [...]
Read the rest of this entry »
What do you really know about instant cash loans other than what you hear from bank employees? The news is always filled with tales of bad lending practices by online cash loan companies. This is a convenient way of hiding the less than transparent practices of banks. Coming up are two articles which delve into [...]
Read the rest of this entry »
We all know that statistics can be manipulated to suit an argument and nowhere is this more obvious than in the words of those who are on some sort of crusade against instant cash loan companies. Naturally, those who work into the banking sector are the most vehement in their protestations against online cash loan [...]
Read the rest of this entry »
There are specific instant cash loans available to members of the military who have hit a financial brick wall. The United States loves its heroes and there are few braver men and women than those who proudly serve in the Armed Forces. We take these individuals for granted as they fight for liberty and justice [...]
Read the rest of this entry »
Despite the fact that online cash loans are a fantastic way to deal with short term money problems, you have to be careful if you decide to take one of these loans out. The fact that you are in real need of the money may cause you to make unwise choices. This would be extremely [...]
Read the rest of this entry »
Online cash loans are one of the most controversial forms of lending in the United States. We say controversial because the financial sector continues to kick up a major fuss about it. The repayment length of these loans is almost always less than 30 days with 7-14 days the norm. As a result, the APR [...]
Read the rest of this entry »
If you need money after an unexpected event has caused you or loved ones a financial problem, cash loans online is precisely what you need. The speed at which people can now borrow money is absolutely incredible. Before the advent of instant cash loans, people were at the mercy of the banks. They had your [...]
Read the rest of this entry »
The main reason why people look for instant cash loans is for emergency purposes where they can’t wait for a bank to give loan approval. It would be terrible if you looked for a cash loan and weren’t able to get it on time. Without this ready cash, all your short-term financial plans could go [...]
Read the rest of this entry »