Payday Loans

There is clearly a demand in the United States and other developed western countries for payday loan services. Billions of dollars are borrowed each year from these companies from consumers who mostly have poor or no credit.
The question is are they a good and bad thing? This question is even more important given the broader [...]

Arizona senator Robert Blendu, R – Litchfield Park, has made a proposal to push the deadline for the law that would essentially eliminate the payday loan industry in Arizona back from 2010 to 2012. He proposes that the state Department of Financial Institutions would examine the number of loans made to Arizonans and the amount [...]