November 2011

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Will Financial Protection Bill really protect consumers?

In today’s voting on enacting the new financial protection bill 60 Senators voted for passing the bill and 38 Senators voted against it. There will be a final voting later this week, but the majority of experts predict that the bill is likely to be signed soon. There are a lot of criticism towards the [...]

Few bad payday lenders don’t compromise reputation of the whole industry

The payday lending industry is developing at a high speed in America. It happens because more and more Americans need to take payday loans due to growing expenses and lessening paychecks. But while the industry is developing, the number of its opponents is increasing. One author has published an article about how payday lenders may [...]