by Stephen K. Reeves | Jul 18, 2017 | Opinion
If you live in one of the 36 states that allow payday, auto title lending or both, you’ve likely seen the storefronts. They promise quick cash, no credit check required. They’re likely located in the poorer part of town next to pawnshops, liquor stores,... by Zach Dawes Jr | Aug 1, 2016 | Opinion
Predatory lending practices within the U.S. payday loan industry are becoming more widely recognized as advocates, including many in the faith community, push for reforms. The Consumer Financial Protection Bureau (CFPB) has been analyzing the industry for several... by Danny Chisholm | Jun 2, 2016 | Opinion
There are more payday loan and title loan companies in Missouri than Starbucks, McDonald’s and Wal-Marts combined. Think about that. It’s hard to imagine being charged 450 percent on a 30-day loan for $650, but I saw one of these loan applications for... by EthicsDaily.com Staff | May 19, 2016 | News
Auto title loan borrowers often find themselves in debt cycles, and many have their vehicles seized due to their inability to repay the loan, according to a Consumer Financial Protection Bureau (CFPB) report. “Auto title loans, also known as vehicle title loans,... by EthicsDaily.com Staff | Apr 21, 2016 | News
Bank penalty fees and closed accounts are common, hidden costs of online payday loans, according to a Consumer Financial Protection Bureau report. A consumer who receives an online payday loan provides their bank account information to the lending group, which submits...
