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IMPORTANT: Bing News RSS feed has moved!US lenders pushing short-term loans that charge up to 5,000 per cent interest per year are targeting low-income UK borrowers abandoned by high street banks. Such so-called payday lenders, which also include homegrown companies, have been attracted by ... Read more'Legal Loan Sharks' Target UK's Working PoorThe true cost of lending to short-term borrowers is less than 2% of the amount charged by Wonga, the most expensive and highest profile payday lender. My Home Finance, a not-for-profit organisation set up by the government and the National Housing ... Read morePayday lenders charge up to 98% more than true cost of loanWith three million consumers opting for short-term payday loans, we look at the pitfalls of this type of borrowing. Payday loans are small, short-term unsecured loans designed to tide people over until they are paid their wages. The average size of a ... Read morePayday loans: your questions answeredFears have been raised that struggling Britons will turn to high-interest payday loans over Christmas and next year because of the state of their finances. Insolvency trade body R3 found that 7% of people it surveyed, which could equate to 3.5 ... Read moreFears raised over short-term loansThree-and-a-half million adults are considering taking out an extortionate payday loan over the next six months as almost half the population struggle to make ends meet, it has been revealed. The number of people who run out of cash before the month is up ... Read moreDrowning in debt: Warning over 4,000% interest rates as 3.5m people say they will be forced to take out 'payday' loans in the next 6 months“Our lenders provide the funds to cover life’s little emergencies: car repairs, medical bills, auto loan payments, etc. — bills that might otherwise tip the financial balance for struggling households.” The newly updated site makes repaying a ... Read moreNoFaxPaydayAdvance.com Debuts Revamped Lending SiteBirmingham, Ala. (WIAT) - Birmingham City Council members adopted a resolution to ban new Payday Loan businesses within the city. The resolution was originally introduced by Councilwoman LaShunda Scales in September. But even as the ordinance came up for a ... Read morePayday Loan Moratorium in PlaceAs part of reporting required by a new disclosure law, Utah payday lenders say 99.9 percent of their high-interest loans are paid off before they reach their legal extension limit of 10 weeks — a sign that the loans are affordable and are not ... Read moreNew Utah payday loans data: fishy or proof poor can afford them?One of the more pernicious forms of predatory lending is payday lending, which involves firms giving usually low-income workers very short-term, high-interest loans in order to help them pay for necessities until they receive their next paycheck. Read moreCash AadvancesPayday LownsPzyday LoansFaxless Cash AdvancsFzxless Payday LoanPacay LoansFaxless Payday LloanFaxlese Payday LoansLaday LoansCash AdvancedFaxlees Cash AdvanceNo Fax Cwsh AdvancePayday LpansFaxless Cash Xdvance0ayday LoansPayday KoanCasy AdvancesPaday LoansNo Fax Cash AdbanceOayday LoansCqsh AdvanceCast AdvancesFaxless Payda6 LoansPayday AdfancePayady Advance |