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Payday Loan Industry News
27 April 2008
Payday Loan Control - Early this month, the provincial government tabled legislation to curb abusive payday lending practices. The way it works is payday loan operators lend cash to people who in turn pay a fee and interest on whatever amount they take.
Read More Payday Loan Control

25 April 2008
Payday Lending Limits - A bill that would have placed reasonable limits on payday lending to protect some of South Carolina's most vulnerable residents is at risk of being significantly weakened by changes suggested by a House subcommittee.
Read More Payday Lending Limits

21 April 2008
Virginia Town to Fund Payday Loan Education - Alexandria City Council member, Justin Wilson, has proposed a new tax on payday lenders. This money would help fund consumer education services provided by the city.
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19 April 2008
Gubernatorial Candidate Pushes For Payday Loan Restrictions - Missouri gubernatorial candidate Jay Nixon, continues his push for proposed payday loan restrictions..
Read More Gubernatorial Candidate Pushes For Payday Loan Restrictions

18 April 2008
Money Mart Ok with Manitoba Interest Rates - Manitoba Public Utilities Board has set a maxixmum cost for payday loans up to $500 at 17 Percent. Also providing lower rates for those on social assistance or employment insurance.
Read More Money Mart Ok with Manitoba Interest Rates

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11 February 2009

Escape Financial Quicksand

Millions of people are putting the News Years resolution of getting out of debt into action. I believe the perfect time to do that is now.

Payday Loans can easily become financial quicksand. The more you struggle, the more it drags you down. If you have not taken action on your resolution yet, Uncle Sam is giving you a second chance.


Your tax return check gives you the best opportunity to pay off your Payday Loan you may ever have. Think about how much money you will save if you use your tax refund to pay off you payday loan?

Use this opportunity to remove yourself from huge fees, sleepless nights, and the financial quicksand payday loans can be.

Do it as some as you can, you will save yourself a bunch of money!

You could very well double the effect your tax return makes on your own financial health. Some Online Payday Loan Providers will charges fees exceeding 25 dollars per One Hundred dollars loaned. That equals 125 dollars in fees every two weeks!

Think about the positive effect it can have on your life. Pay it off and never look back. Follow a budget, get financial counseling, do whatever you need to do. It can happen for you, take the leap and never look back.


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