At a time when payday lending has dominated the headlines for the Texas gubernatorial race, a new report came out that found the Camino Real Regional Mobility Authority (CRRMA) will be working with ACE Cash Express to collect tolls for the new César Chávez Border Highway toll road … [Read more...]
CFSA Poll: 80% of Payday Loan Borrowers Say Debt is Easy to Repay
Whether it’s a media exaggeration or the government trying to find a problem, a recent poll found that payday loan borrowers are quite satisfied with the terms of the lender. Many respondents also felt that using a payday loan establishment should be their choice and not the federal, … [Read more...]
‘FTC Negotiates Access to Consumers’ Bank Accounts with Payday Loan Lenders
All states in the US are taking strict actions against payday lenders after receiving numerous complaints from the consumers about these companies over the years. The consumer groups and civil rights activists have pulled in the support of the federal bank regulators i.e. the Federal … [Read more...]
