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The Truth about Unemployed Payday Loans

Payday loans are unsecured personal loans or cash advances. In its strictest sense, got its name from the time within which the loans are payable, often times coinciding with paydays on the fifteenth or every month. This presupposes that the borrower is in fact gainfully employed as of the moment.

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Morris Pearl: Payday lending proves it's expensive to be poor in America  Brattleboro Reformer

Each year, 12 million Americans will take out a payday loan, and the majority of them won't be able to afford repayment, trapping them in a vicious debt cycle ...

Emerald Creek's Mark Penna Talks 10 Years of Bridge Lending  Commercial Observer

Happy Birthday, Emerald Creek Capital! The bridge lender turned 10 recently, having been launched shortly after the global financial crisis.

FDIC Settlement with Payday Lenders Drives (One More) Nail into the Choke Point Coffin  JD Supra

The latest nail in the coffin for Operation Choke Point was added on May 22 by the Federal Deposit Insurance Corporation (FDIC) when it issued a press release ...