By PYMNTS Conventional wisdom might lead one to conclude that payday lending is a scourge upon the Earth and an institution dedicated wholly to feasting on the financially disadvantaged and … [Read more...]
A New Year resolution for consumers: Say ‘No’ to high-cost lending
By Charlene Crowell NNPA Columnist The New Year’s tradition of making resolutions is sometimes an opportunity to turn dreams into specific goals and efforts - like losing pounds gained during … [Read more...]
Ensure access to credit for all
On March 19th the State Senate Committee on Veterans and Military Affairs, Biotechnology, and Financial Institutions held a public hearing in West Allis on payday loans. During the five hour plus … [Read more...]
Consumers need choices and access to credit
Payday Reform Legislation limits consumer choices/threatens privacy Last week the Wisconsin State Assembly voted to pass Substitute Amendment 1 to Assembly Bill 447. This is payday lending regulation … [Read more...]
Payday loan crackdown eliminates an option for many
If you’ve ever been in a situation (as most of us have) of being caught short in a financial crisis, then you’ll know just what a bonus a shortterm payday loan can be. I know that many of us have … [Read more...]
Public testimony sought on payday lending
Wisconsin is the only state in the United States that does not have any regulation dealing with payday lending. A half-dozen bills to regulate the payday loan industry are being considered in Madison … [Read more...]