Archive for the ‘Bad Credit In Iowa’ Category

Are payday loans online appropriate? Online Pay Day Loans

Monday, October 5th, 2020

If you’d like a brief term loan, you may well be tempted by ads touting online pay day loans. But before you click a hyperlink, the Federal Trade Commission (FTC), the nation’s customer security agency, includes a few caveats to share.

Loan providers Don’t Constantly Enjoy because of the Rules

The FTC recently sued several online payday lenders for breaking federal laws and regulations. The lenders allegedly lied about how precisely much their loans would cost, needed borrowers allowing lenders to just just take cash from their bank accounts immediately, and threatened to sue the borrowers or have them arrested for non-payment. [more…]