Military Lending Act (MLA)
Military Lending Act (MLA) The Military Lending Act (MLA) is a Federal law that provides special protections for active duty servicemembers like capping interest rates […]
365 total views, 0 today
Lead generators
Lead generators Lead generators are websites that collect your information – including your Social Security and checking account numbers – and then send your request […]
360 total views, 0 today
Deposit advance
Deposit advance Deposit advances are short-term, high-cost loans. With deposit advance, banks and credit unions will usually pay themselves back automatically when the next electronic […]
367 total views, 1 today
Annual Percentage Rate (APR)
Annual Percentage Rate (APR) The Annual Percentage Rate (APR) is the annual cost of credit, including fees, expressed as a percentage. The APR is a […]
409 total views, 0 today
ACH authorization
ACH authorization An Automated Clearing House (ACH) authorization is a payment authorization that gives the lender permission to electronically take money from your bank, credit […]
348 total views, 1 today
How can I stop a payday lender from electronically taking money out of my b...
How can I stop a payday lender from electronically taking money out of my bank or credit union account? You can stop electronic debits to […]
377 total views, 1 today
I was asked to sign an “ACH authorization” to allow electronic access to my...
I was asked to sign an “ACH authorization” to allow electronic access to my account in order to repay a payday loan. What is that? […]
410 total views, 0 today
How can I tell if a payday lender is licensed to do business in my state?
How can I tell if a payday lender is licensed to do business in my state? If you want to know whether a payday lender […]
349 total views, 1 today
How can I stop a payday lender from electronically taking money out of my b...
How can I stop a payday lender from electronically taking money out of my bank or credit union account? You can stop electronic debits to […]
352 total views, 0 today
What does it mean to renew or roll over a payday loan?
What does it mean to renew or roll over a payday loan? Generally, renewing or rolling over a payday loan means you pay a fee […]
395 total views, 2 today