payday lender

• Compliance: Payday Lending Enters a New Frontier

  By Heather Anderson  |  May 29, 2012

  Jamie Fulmer, vice president of public affairs for payday lender Advance America, says he welcomes the opportunity to work with the Consumer Financial Protection Bureau, because consistent disclosures would allow his product to be measured by the same metrics as competing short-term credit union loans.

• Short-Term Loans Help Members Break the Debt Cycle

  By Natasha Chilingerian  |  November 20, 2011

  Short-term loans are in demand. According to a recent Wall Street Journal report, payday lender and pawn shop share prices jumped in October. Some credit unions are taking this opportunity to provide similar products, but at a lower cost and with a different philosophy in mind. While payday lenders encourage...

• Investigators Charge Some Payday Lenders Avoid Consumer Laws

  By David Morrison  |  September 27, 2011

  One payday lender is using Native American lands to skirt state consumer laws, the Center for Public Integrity alleged.

• Study Argues That CUs Have Many Disadvantages in Marketing Payday Loans

  By David Morrison  |  July 14, 2010

  On the heels of a report critical of some credit union payday loan alternatives and just as the NCUA has proposed regulations governing short-term,

• State Issues Cease and Desist on Seattle Payday Lender

  By Jim Rubenstein  |  April 26, 2010

  Moneytree Inc., a Seattle payday lender, was hit late last week with a cease and desist order by Washington state regulators alleging the firm allowed borrowers to take out an excessive number of loans violating rescinding rules.