Payday Loans News
| Initiative Seeks to Cap Soaring Interest Rates in Montana As average annual interest rates on payday loans soar at 400 percent, a new initiative seeks to make some changes to protect Montanans. US Treasury To Offer Low-Cost Bank Accounts For Tax Returns US Treasury To Offer Low-Cost Bank Accounts For Tax Returns Despite new law, subprime credit cards and payday loans can still be very dicey You can still get credit if your finances are a mess. It will just cost dearly. A sweeping credit card law that took effect yesterday is supposed to prevent banks from employing tactics that push borrowers deeper into debt. Yet loans and cards with crushing terms still beckon. Should “Payday Loans” Be Outlawed? Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “Payday Loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall... |







