Further, the Bureau is considering two extra “protective” choices for longer-term loans:

Further, the Bureau is considering two extra “protective” choices for longer-term loans: Approach 1 would need loan providers to offer “generally the exact same protections provided beneath the nationwide Credit Union Administration (NCUA) program” for “payday alternate loans.” These loans have 28% rate of interest limit and a credit card applicatoin cost of a maximum […]

Virginia Senator Pledges to Overcome Predatory Pay Day Loans

Virginia Senator Pledges to Overcome Predatory Pay Day Loans By Nikolas Wright Do payday advances affect mortgages? The answer that is short perhaps. Pay day loans alone won’t inherently stop you from getting home financing. But, payday advances can indirectly impact your chances of qualifying for a home loan, based on your position. Needless to […]