Tuesday, April 16th members of US Bank will be jetting to Boise, Idaho for their annual shareholders meeting and they would like to keep it a low key event. The Minneapolis, MN based bank is trying to hide this meeting to keep the activists away, but it is turning out Continue Reading
Payday Loan
Payday Loan Fees and Interest Net 1 Billion
The numbers do not lie, and after reading them one can only shake their head and wonder why this country is willing to let payday loan fees and interest net $1 billion from out poor! The sad fact is these companies prey on low income and disadvantaged people, many times Continue Reading
Pew Charitable Trust Study Is In On Payday Loans
I stumbled upon this study by accident as I was going through some payday loan news alerts. I thought I would share it with everyone. That article was titled “Study is in.” Which really did not explain much, and was extremely vague, which is probably why I missed it, so Continue Reading
Minnesota And Payday Loans. Yours may be illegal!
If I offered you a payday loan in Minnesota and told you the interest rate would be 1369% would you take it out? Many people have through a company named Integrity Advance LLC. The Star Tribune reported on 06/01/2013 that Minnesota state officials have been investigating this company and have Continue Reading
Florida Banks Backing Payday Loans
The latest news out of Florida concerning payday loans is the backing of these loans by two major banks. Regions and Fifth Third banks, both headquartered outside of Florida, are the latest players in the payday loan market. These two banks have a large presence in Florida and have entered Continue Reading