What Would Happen if Payday Loans Are Outlawed [Infographic]

As there have been some restrictions on payday lending in certain states, there is a possibility that they would be outlawed. But if they are banned, it could affect the customers who expect to meet their financial emergency needs with the help of these loans. They will have no viable alternatives available in case of […]

Payday Loan and Lenders: New Laws to Rule the Fiscal Market

The U.S. Payday Loans Laws strictly regulates payday loan company and direct lender functioning. As such, every financial institution must take these regulations into account. Many payday loans lead to substantial personal debt and unpaid loans, which creates a viscous circle of reoccurring debt. Due to the large fees and additional charges that come with […]