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  • CFPB Hounds eBay For Payday Loan Service
    The CFPB is investigating eBay’s Bill Me Later service for allegedly violating short-term loan regulations by effectively offering financing that is little more than payday loans. The Bill Me Later program is under the supervision of PayPal and works by having Utah-based Comenity Capital Bank make instant loans that ... read more
    Source: PaydayLoansPublished on 2013-11-11
  • Regions Bank Battles It Out With Anti-Payday Loan Coalition
    Another battle in the Payday Loan War is unfolding as Regions Bank faces off against a coalition of anti-payday loan activists in Illinois, Missouri, and Iowa. Regions Bank’s Ready Advance loans are the center of this dispute. These loans are alleged to be akin to payday loans, and have ... read more
    Source: PaydayLoansPublished on 2013-09-24
  • Tribal-Owned Western Sky Ceases Lending Payday Loans
    Western Sky, a tribal owned payday loan company, has announced it will be ceasing operations. The company rose to prominence as being one of the few overtly advertised payday loan lenders featuring a Native American spokesman in commercials and a logo with three tipis. According to the company’s website, ... read more
    Source: PaydayLoansPublished on 2013-09-23
  • Mixing Religion and Money — Church Sanctioned Loans in the UK
    Beneath the religious texts and weekly church services, there exists a business model in organized religion. Some churches exist simply to help others, whereas others have more hidden agendas. Recently the Church of England began a long-term battle against the highly disputed payday lender Wonga. Even though some experts ... read more
    Source: PaydayLoansPublished on 2013-08-07
By | 2017-12-11T17:15:27+00:00 July 21st, 2016|PaydayLoans|0 Comments

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