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Military Payday Loan News

December pay date put some veterans in higher tax bracket - StandardNet

7 Feb 2012 at 5:09pm

December pay date put some veterans in higher tax bracket
StandardNet
By Dick Schaffert For years, military pension and survivor benefit checks were sent out the first of the following month. When President Obama signed this year's Defense Authorization Bill, he ordered December 2011 payments made on December 31 instead ...

Telecom Companies Face Lawsuit - UT The Daily Texan

7 Feb 2012 at 2:53am

UT The Daily Texan

Telecom Companies Face Lawsuit
UT The Daily Texan
Reyes said ROTC faculty caution students against risky payday loans, predatory lending by local banks and car loans with interest rates as high as 30 percent, all of which sprout up around military communities. Soldiers know that calling home can be ...

Ky. Voices: Payday lending entraps people - Lexington Herald Leader

28 Jan 2012 at 5:52am

Ky. Voices: Payday lending entraps people
Lexington Herald Leader
Those who took out payday loans, paying fees that could equal nearly 400 percent annualized interest, will be paying dearly. We are deeply troubled by the exorbitant and unconscionable interest rates charged by payday lenders and the economic and ...

Payday Loans Lender speedeloans Reaffirms the Need for Responsible Lending - ...

26 Jan 2012 at 6:51pm

Payday Loans Lender speedeloans Reaffirms the Need for Responsible Lending
Exec Digital (press release)
This is in the wake of recent press reports where lenders appear to be targeting specific groups such as the military or students. Mr. Miller-Cheevers from speedeloans says: "As a responsible payday loan lender, we have no desire to add to the woes of ...

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Both Sides Sound Off on Payday Loan Debate - Credit Card Guide News

26 Jan 2012 at 2:09pm

Credit Card Guide News

Both Sides Sound Off on Payday Loan Debate
Credit Card Guide News
By Marcia Frellick Both sides in the contentious debate over payday loans recently got a chance to make their case to national policymakers in the Consumer Financial Protection Bureau's first-ever field hearing. Payday loans are small cash advances ...

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GUEST COMMENTARY: Proposed payday loan bills don't solve problem - Columbia M...

12 Jan 2012 at 4:43pm

GUEST COMMENTARY: Proposed payday loan bills don't solve problem
Columbia Missourian
BY Mary Still The nature of payday loans is neither forgiving nor helpful to most Missouri consumers. Missouri's laws are some of the weakest in the country, allowing lenders to charge an average APR of 445 percent. As Mr. Rosman points out, ...

and more »

troops' finances - Helena Independent Record

12 Jan 2012 at 2:13pm

troops' finances
Helena Independent Record
Payday loans, some believe, began way back among the Roman soldiers in the time of Caesar. And military personnel today still remain a target for predatory loans and financial fraud, Holly Petraeus told a group of about 50 uniformed personnel at Fort ...

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