In perhaps the most unprecedented change, the Consolidated Appropriations Act of 2021, designed to provide financial assistance during the pandemic, included $ 3 billion specifically for the CDFI Fund, which provides financial assistance to CDFIs and institutions of minority deposit (MDI). This amount almost equates to what the fund hasRead More →
KANSAS CITY, Mo. (AP) – A Kansas City payday loan business owner who tried to hide his financial assets to avoid paying up to $ 7.5 million in debt has been sentenced to one year and one day in federal prison. Del Hodges Kimball, 54, was sentenced Wednesday after pleadingRead More →
KANSAS CITY, Mo. – A man from Mission Hills, Kansas was sentenced today in federal court for a bankruptcy fraud scheme related to his online payday loan company. “It is ironic that someone who has made a fortune lending money to others is trying to cheat their own creditors,” InterimRead More →
Hawaii Governor David Ige signed a bill on Tuesday that will cap interest rates on payday loans at 36% within the state. But this new law, which will come into force on January 1, 2022, goes beyond the simple cap on the maximum authorized interest. It will also force theRead More →
WARNING SIGNS: In each case, the alleged company requested an upfront payment and then either blocked the customer or failed to respond to their follow-up messages. By Wang Chun-chung and Kayleigh Madjar / Journalist, with editor-in-chief Police in Tainan warned on Monday of an increase in loan fraud, as fraudstersRead More →
The key is to shop around and find a loan at the most affordable rate and on the most favorable terms possible. If you are able to get a personal loan, you can significantly reduce the interest rate and the borrowing costs that you pay compared to payday loans. MoreRead More →
FORT LAUDERDALE, Fla. (PRWEB) 04 June 2021 National payday loan relief is one of the leading payday loan assistance companies in the United States, providing specialized payday loan assistance programs to its clients. They have been in the business of payday loan settlement for over twelve years and they haveRead More →