Anyone who has recently applied for a mortgage knows that lenders are already looking much more closely at your financial affairs. But soon, they’ll be able to easily delve into the deepest recesses of your financial life, accessing information that never before appeared on your credit report. This week, a company called CoreLogic introduced a [...]

Opinion » Editorial: Hurting Poor Borrowers New York has some of the strongest anti-usury laws in the nation, but that could change if a deeply flawed bill goes forward. Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash

The lobby of the Nix Check Cashing outlet on South Figueroa and West Imperial, in the Watts neighborhood of south Los Angeles, was bright and loose. Twenty or so people, black and Latino, dressed in jeans and T-shirts or sport jerseys or work uni Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick [...]

Douglas McGray’s article (Nov. 9) shined a light on a little discussed but promising new effort: bringing the ”unbanked” into the financial mainstream. We know firsthand of its benefits. Two years ago, San Francisco introduce Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash

Opinion » Bloggingheads: Hooray For Failure! Jamelle Bouie of The American Prospect and Peter Suderman of Reason on budget cuts and the Congressional supercommittee. Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash

CINCINNATI — An Ohio law intended to cap interest rates on payday loans at 28 percent has been thwarted by lenders who have found ways to charge up to 680 percent interest, according to lawmakers who are preparing a second round of legislation. < Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick [...]

The payday-loan industry sells its services to hard-up people in poor neighborhoods at steep prices, then fends off charges of profiteering with the cloak of capitalist virtue. It says it’s meeting a need, filling a niche. This is how loan shark Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash

WASHINGTON — Banks and mortgage lenders are placing top priority on killing President Obama’s proposal to create a new consumer protection agency that would regulate home loans, credit card fees, payday loans and other forms of consumer finance Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash

WASHINGTON — When Maj. Nidal Malik Hasan took his two handguns and headed for Fort Hood on Nov. 5, he left behind in his spartan apartment his new business cards. Now they are one more clue for investigators of the 13 killings he is charged with, Technorati Tags: max payday, payday advances, payday lenders, payday [...]

Just in time for Thanksgiving last year, a credit card offer arrived in the mail. The (introductory) rate was 2 percent. Malcolm S. jumped. A student at Medgar Evers College in Brooklyn, Malcolm was looking after the affairs of a grandfather in a Technorati Tags: max payday, payday advances, payday lenders, payday loans, quick cash