Posts Tagged ‘payday loan’

Payday Loan Buff Set to License South American Operation in Northern Mexico

(EMAILWIRE.COM, April 12, 2011 ) Franklin Grove, IL — Payday Loan Buff, a new entry into the cash advance industry – providing payday loans online for consumers who basically only have to show proof of income, had recently announced that they were planning on establishing a base of operations in South America; now through a licensing agreement, the company will have an operating office in Northern Mexico. As part of our plans for expansion, we were determined that our first move would include parts of South America, said the chief operating officer of the company.

We were very fortunate in that we were able to find a partner that we could license operations to for the entire country of Mexico. This will give us instant access to a large consumer base that has been economically depressed for some time. It is our goal to, in some small way, improve the lot of these consumers who have been left behind financially. With access to our cash advances, we expect that many of the citizens will be able to improve their lifestyles if only to a small degree.

Our Mexican partnership will be ran by a local entrepreneurs, who sought us out after seeing a press release focused on our intent to open operations in the region. This group is intimately aware of the consumer base there, and will be able to represent our company in the best light, keeping local customs economics in the forefront. The company plans to provide training and website development to the Mexican team; along with management oversight to assure that preset policies are upheld in the new office. The operations will be owned by the company but licensed to the team of entrepreneurs who will be directly responsible for day-to-day operations.

About Payday Loan Buff:

The Smart guys here at Payday Loan Buff have you covered for the Payday Loans that you need. We have done all the research for you and with 1 simple and secure application, you can get the cash you needFAST! Why hassle with one lender? We work with a large network of lenders that want your business and within seconds, you will know if you are approved for a Payday Loan or Cash Advance.

Published By MediaRyt

Payday Loan Buff
Bryan Dennard
888.749.8930
bryanpr@paydayloanbuff.com

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Source: EmailWire.Com

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Cash Cow Advances is a leading nationwide service provider of online cash advances and payday loans.

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Payday lenders target military families

Members of Americas military face threats to life and limb around the world every day, but its a domestic threat that has recently put the top brass on the offensive on the homefront — predatory lenders.

In 2006, the Department of Defense researched the problem, interviewing soldiers who had been devastated by payday loans (.pdf file). While each story is unique, they all include the same basic series of events: A soldier takes out a seemingly simple loan and soon finds him or herself drowning in an ever-deepening morass of debt. Take, for example, the case of an Air Force sergeant who got behind on her car payments and rent. To catch up, she took out a $500 payday loan, agreeing to pay back $600 in two weeks. Things spiraled downhill from there:

Unable to repay, she took out other payday loans … to pay off these loans, she contacted an installment loan company who provided her with a $10,000 loan at 50 percent APR. Total cost to pay off the payday loans was $12,750 and her total obligation to the installment loan company was $15,000. Her financial problems were a contributing factor to her pending divorce.

It isnt hard to see why so many members of the military borrow from payday lenders. Across the country, the areas around military installations are almost always cluttered with payday lenders, rent-to-own stores and other companies that offer fast cash for desperate borrowers. This is no accident: Military personnel and their families are ideal targets for unethical lenders. Many enlisted personnel are poorly paid, and the seemingly simple credit terms offer what appears to be an easy solution to a temporary problem.

  1. Cash Cow Advances is a leading nationwide service provider of cash advances and payday loans.

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Video shows woman with butcher knife robbing Dallas payday loan business

Police are looking for a knife-wielding woman who was caught on tape robbing a payday loan business this month in Red Bird.

The woman entered the EZ Loan in the 3900 block of West Camp Wisdom Road about 8:30 am April 2 armed with a butcher knife.

She ordered the employee to give her money from the register and the safe. The employee gave her $100 from the register but said it would take 10 minutes to open the safe.

“That’s code for calling the police,” the robber said before she left.

The robber is described as a black woman in her mid-30s, 5-foot-4 and 165 pounds. She wore a black hat, black sunglasses, black bandana, black sweatshirt and blue jeans.

The employee of a nearby business said she saw the woman get out of a gray Chrysler Crossfire parked in front of EZ Loans with a second black woman inside.

Anyone with information can call Dallas police at 214-671-3638.

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Kentucky Informs Consumers about the Laws & Regulations of a Cash Advance …

CashAdvance.com Laws in Kentucky Protect the Consumer Rather than the Lender

(US NEWS SOURCE) January 25, 2011 – CashAdvance.com has released an informative page dedicated to those seeking a cash advance in Kentucky. The information will assist borrowers in Kentucky about the laws that govern cash advances in the specific state, and in their local governments.

CashAdvance.com is the only provider of payday loans online seeking to educate borrowers on the local laws that govern payday advances in Kentucky. CashAdvance.com wants to inform consumers on the rules and regulations about the cash advance industry before taking any further action.

Some of the laws that govern getting cash advances in Kentucky are:

  • Cash Advance loans are limited to a maximum of $500
  • Individuals have up to 60 days to pay back a cash advance
  • State laws protect the borrower rather than the lender
  • Interest rate is around 15%

Information on cash advance laws is also available for the following cities: Frankfurt, Lexington, and Louisville.

Cash advances should be used for short-tern financial needs only.  They are not a long-term financial solution and should not be abused.

It is important to remember when you are taking a cash advance or payday loan in Kentucky, that your loan should be paid back upon receipt of your next paycheck to ensure you pay the least amount in fees and interest. A borrower should also attempt to pay back the loan prior to receiving another.

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Since 1997, CashAdvance.com has been the most established and trusted name in the cash advance industry.  Educating consumers on the laws and practices in their state and community, CashAdvance.com has once again proven it is America’s Cash Advance Network.

Cash Cow Advances is a leading nationwide service provider of online cash advances and payday loans.

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Editorial: Payday loan bill is defining issue for GOP as well

One of the more visible failures of the Democratic leadership in the Wisconsin Legislature last year was on payday loan legislation. Former Speaker Mike Sheridans personal relationship with a lobbyist from the industry came to symbolize an ethical and policy making drift that doomed the party in the November elections.

Cash Cow Advances is a leading nationwide service provider of online cash advances and payday loans.

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City Council considers football, head start & payday loans

By James Clark – email

LUBBOCK, TX (KCBD) – The state champion Idalou Wildcats will be honored this week in Lubbock. The Lubbock City Council will honor Idalou for winning the Class 2-A Division II State Football Championship back in December.

City Council will also honor Frenship 8th grader Nicholas Sanchez for his third place finish at the NFL Punt, Pass, and Kick National Finals Competition. The NFL paid for Nicholas and his dad to travel to Atlanta for the event and the NFC Championship game on January 15th.

Possible Head Start Location

In other business the Council will consider authorizing the Lubbock Housing Authority to sublease property at 515 North Zenith Avenue to Texas Tech University. The Universitys College of Human Sciences will run an Early Head Start Program at that location, if Council approves.

Payday Loans Non-binding Resolution

Council will also consider a non-binding resolution calling upon the legislature to put tighter regulation on payday loans. The proposed resolution says that the payday loan profession exploits consumers.

If approved it would be sent to the Governor and lawmakers who represent the Lubbock area in Austin. It calls for … laws necessary and appropriate to prevent further exploitative payday lending practices…

Towing For No Insurance, 2nd Reading

City Council will also hear the 2nd reading of a towing ordinance that seems to enjoy a majority of public support but has also inspired some controversy. The ordinance allows police to tow uninsured vehicles after a traffic stop for some other moving violation.

Supporters say state law mandates liability insurance. Detractors say it gives police the power to take someones vehicle without due process. The ordinance allows the owner to get the vehicle back after paying for towing fees and showing proof of insurance.

Copyright 2011 KCBD NewsChannel 11. All rights reserved.

Cash Cow Advances is a leading nationwide service provider of online cash advances and payday loans.

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Payday Loans For Valentine’s Day May Give Peace Of Mind

Victoria, London ( ) January 20, 2011 Valentines Day and payday loans may not be words we would normally put together. However UK payday loan and financial experts have stated that in some cases payday loans in time for Valentines Day may give peace of mind and in some cases be a good decision.

Historically there is a segment of the population who consider the day to be nothing more than a commercial cliche but also another large section of the population who spend significant amounts of money on their important others.

What the experts say about the latter section is that the biggest concern here is that other bills may go unpaid in an effort to have a romantic Valentines Day. These payday loan experts advise to firstly re-consider the attitude you hold about this occasion, if at all possible. If you are in a stable relationship, try to find other less expensive ways to be romantic. If however you feel that the presents and the wining and dining are a necessity, then analyse all your finances in the run-up to Valentines Day.

If you find that you have enough cash to stretch and will not be neglecting any bills then this is fine. However if on the other hand there will be a shortfall then you could consider a payday loan for peace of mind. This way you can still pay the bills and meet the expectations of your special someone. The company experts do advise to stick to the payment schedule as this way you know that you are paying a set fee for the loan service.

One of these expert companies is Cash Choice who will be pleased help customers in time for Valentines Day or during any other challenging time with payday loans UK when needed to handle short-term cash-flow needs.

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Qualify for a payday loans or cash advance instantly and hassle-free with no credit check and nothing to fax.

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New Scam Tells Victims They Owe Money To Payday Loan Companies

FEDERAL WAY, Wash. — A new telephone collection scam is causing problems for at least one local victim.

A Federal Way woman said she received a call from someone claiming to represent the Criminal Investigation Bureau who said she needed to send money or someone would arrest her at home or work. The woman said the caller even began contacting her mother recently, and has her bank account number and the last four digits of her social security number.

The Internet Crime Complaint Center issued an alert that it has received a high volume of complaints from victims in similar situations. In these scams, a caller claims to represent the FBI, Federal Legislative Department, or another legitimate-sounding agency. They then tell the victim they owe money to a payday loan company and give instructions on how to make the payment.

The alert said that a common aspect of this scam is that callers have accurate information about the victims, ranging from birth dates to bank account numbers to family contact information.

How the callers know this information is unclear, the alert stated, but several victims said they had completed applications online for loans or credit cards before the calls came.

The Federal Way woman said she doesn’t know what to do after relentless calls from these fraudsters.

The Internet Crime Complaint Center warns people not to follow the instructions of the callers if they begin receiving these scam calls. Instead, contact your banking institutions and file a complaint at file a complaint at www.FTCcomplaintsassistant.gov
Qualify for a payday loans or cash advance instantly and hassle-free with no credit check and nothing to fax.

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Payday Loan Tips for Bad Credit Borrowers

How to Get A Fee-Free Bad Credit Payday Loan

Just as I promised, youre now about to learn how to borrow money for free, even if you have bad credit. Because there are so many payday loan sites and only ten spots on Googles first page for payday loans, lenders are working harder to attract your business.

And thats good news for you!

Get Payday Loans No Credit Check 100 DayLoans http://instantpaydayloanonline.info

In fact, there are a handful of honest companies that will give you your first loan free.

Heres how it usually works:
You apply for a loan online
If approved, your first loan (between $100-$2500) is wired to your bank account within 1 business day
When you pay-off your loan, the loan fee is waived

What that means to you is

If you take out a loan and pay it off the first time it comes due (instead of rolling it over), you pay no fees! You cant beat a fee-free payday loan, can you?

If you take out a loan and roll it over (extend your loan when it comes due), youll pay a fee to roll-over your loan. However, when you finally pay-off your loan, your last loan fee will be waived.

So, no matter what, you save money!

And, bad credit is usually not a problem. Thats because most payday loan lenders dont check your credit report. They may check with a company called TeleTrack to see if you have any other loans out or if youve defaulted on any payday loans in the past. But, recent bankruptcy and even some severe credit problems may not always get you turned down for a loan.

Plus, since you can apply online, you can safely apply without worrying about the embarrassment of getting turned down face-to-face if you dont meet their guidelines.

You can apply for a fee-free payday loan today and find out fast if youre approved.

Get Payday Loans No Credit Check 100 DayLoans http://instantpaydayloanonline.info

Online destination for online cash advances and payday loans.

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State orders Checkmate to shut down loan program

Washington state regulators have ordered payday lending giant Checkmate to drop its new gift card program, saying it violates consumer-protection laws.

Checkmates program – launched after the Legislature passed new payday lending laws last year – lets consumers borrow pre-loaded, $100 gift cards for such retailers as Safeway, Fred Meyer and Wal-Mart. Consumers have 15 to 45 days to pay back the loan, which carries an annual percentage rate of up to 391 percent.

The states Department of Financial Institutions say the gift cards appear to be an attempt to skirt the statute. The law prohibits more than eight payday loans per person per year. It also bans a lender from giving money to someone who owes more than $700 – or 30 percent in monthly income – in payday debt.

The state said Checkmate had specifically marketed the cards to people who had reached their eight-loan limit, and that 60 percent of loans at one branch in Tumwater had been made to people who had maxed out their limit, according to DFIs cease-and-desist order.

A third of the Tumwater borrowers were already in default from loans from a payday competitor, the state said.

The problem is that the cards carry hefty fees similar to loans and are easily converted into cash, said Deb Bortner, director of DFIs division of consumer services. But theyre not being regulated under the payday loan laws.

(They) look a lot like a payday loan, and we believe and allege that the type of loan they are making is an attempt to evade that statute, Bortner told KOMO Friday.

Qualify for a payday loans or cash advance instantly and hassle-free with no credit check and nothing to fax.

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