Comments on: Payday Loans- Studies and Reports http://www.stalegreenlight.com/payday-loans-studies-and-reports/ Are you prepared for a change in the green? Fri, 17 Jun 2011 15:00:50 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Joe Sanders Elite Cash Wire http://www.stalegreenlight.com/payday-loans-studies-and-reports/comment-page-1/#comment-84 Joe Sanders Elite Cash Wire Tue, 02 Dec 2008 19:47:35 +0000 http://stalegreenlight.com/?p=138#comment-84 However, the usefulness of such payday loans highly depends on the applicant needs. For a person in emergency who expect can payback in due date, such loans may help. The condition of loan lender is important too. Very high interests are a drawback, but some companies are more customer oriented and even accept bad credit persons. However, the usefulness of such payday loans highly depends on the applicant needs. For a person in emergency who expect can payback in due date, such loans may help. The condition of loan lender is important too. Very high interests are a drawback, but some companies are more customer oriented and even accept bad credit persons.

]]> By: cheap payday advances http://www.stalegreenlight.com/payday-loans-studies-and-reports/comment-page-1/#comment-83 cheap payday advances Thu, 13 Nov 2008 17:58:15 +0000 http://stalegreenlight.com/?p=138#comment-83 I have taken a payday loan when i was short on cash, and it was very easy. I paid it back when I got my next paycheck. Cheap payday advances are very resourceful to many people. I have taken a payday loan when i was short on cash, and it was very easy. I paid it back when I got my next paycheck. Cheap payday advances are very resourceful to many people.

]]> By: Bob Polen http://www.stalegreenlight.com/payday-loans-studies-and-reports/comment-page-1/#comment-80 Bob Polen Wed, 12 Nov 2008 18:47:57 +0000 http://stalegreenlight.com/?p=138#comment-80 One of the biggest problems with Pay Day loans is like Bank Fees, . The old finance rules of 76 or simple interest were caped at 36% on the first 750 / then 750- 2499 24% /then over 2500 18 % . Now the Banks charge 33-40 per check fee or over limit fee, plus daily fees, if not paid with in a limited time frame. (Banks) are costing compounded over charged fees, while (Pay Day Loans ) have fee amounts if your getting a 250 dollars advance, it cost you as much as 40 dollars per renewal a month x 12 months, that is 672 % interest a year. Were is the (Department of Finance )regulating these over charges. they need to (Cap) those fees and limit there (interest charges). Were did all the (small loan companies) go that based there judgement on the consumer , they were regulated, and did not use bias from an (unfair credit score system created by the 3 major credit reporting firms). These fees, charges and credit scoring systems , are all unfair practices against the consumer, with negative profiling of consumers.They are bias and unfair. One of the biggest problems with Pay Day loans is like Bank Fees, . The old finance rules of 76 or simple interest were caped at 36% on the first 750 / then 750- 2499 24% /then over 2500 18 % . Now the Banks charge 33-40 per check fee or over limit fee, plus daily fees, if not paid with in a limited time frame. (Banks) are costing compounded over charged fees, while (Pay Day Loans ) have fee amounts if your getting a 250 dollars advance, it cost you as much as 40 dollars per renewal a month x 12 months, that is 672 % interest a year.

Were is the (Department of Finance )regulating these over charges. they need to (Cap) those fees and limit there (interest charges).

Were did all the (small loan companies) go that based there judgement on the consumer , they were regulated, and did not use bias from an (unfair credit score system created by the 3 major credit reporting firms).

These fees, charges and credit scoring systems , are all unfair practices against the consumer, with negative profiling of consumers.They are bias and unfair.

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