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Regulators prepare guidelines on pay day loans to shield borrowers

Regulators prepare guidelines on pay day loans to shield borrowers Monday WASHINGTON — distressed by consumer complaints and loopholes in state legislation, federal regulators are piecing together the first-ever guidelines on pay day loans directed at assisting cash-strapped borrowers avoid dropping into a period of high-rate financial obligation. The customer Financial Protection Bureau states state […]

In Blow to Loan Sharks, Asia’s Top Court Slashes Legal Private-Lending Prices

In Blow to Loan Sharks, Asia’s Top Court Slashes Legal Private-Lending Prices Asia’s greatest court slashed the roof on interest rates for personal loans protected for legal reasons by a lot more than a 3rd, section of a wider federal federal government technique to stamp away usury and lower funding prices for small enterprises and […]

Pennsylvania Supreme Court (by using Strunk and White) efficiently brings the Plug on Web Payday Lending in Pennsylvania

Pennsylvania Supreme Court (by using Strunk and White) efficiently brings the Plug on Web Payday Lending in Pennsylvania Financial Solutions Alert Writers: Richard P. Eckman, Stephen G. Harvey and Eric J. Goldberg The Pennsylvania Supreme Court has managed to make it more challenging for Internet payday loan providers to do company with Pennsylvania borrowers. The […]

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