Payday and Title Loan Requirements

By | Oct 18, 2016

Typical Criteria Required to Apply for a Payday Loan, Installment Loan, or Car Title Loan This is a list of fairly typical requirements of consumers to qualify for a loan. These criteria are dependent on the state the borrower resides in, the status of the lender [startup, seasoned…]… Payday Loan/Installment Loan: Valid ID/DL Proof of […]

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Bedford Texas City Ordinance: Payday Loan Stores

By | Oct 15, 2016

  A Typical Texas Payday Loan City Ordinace ORDINANCE NO. 16-3183 AN ORDINANCE OF THE CITY OF BEDFORD, TEXAS SETTING FORTH REGISTRATION REQUIRMENTS AND CREDIT EXTENSION GUIDELINES FOR CREDIT ACCESS BUSINESSES; CONTAINING A SAVINGS CLAUSE; PROVIDING A PENALTY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Bedford, Texas is a home rule city […]

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CFPB Takes Broadside- Leadership Structure Ruled Unconstitutional!

By | Oct 11, 2016

CFPB Leadership Structure Ruled Unconstitutional by D.C Circuit Court This just in from Ben Lane: “In a unanimous decision of the three justices of the United States Court of Appeals for the District of Columbia Circuit, the court ruled that the CFPB’s current structure allows the director to wield far too much power, more than […]

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Evil Center for Responsible Lending vs Payday Loan Industry

By | Oct 4, 2016

Why do payday loan lenders take a beating by the media and the politicians so often? Because of organized campaigns like this one launched by the CRL. [Remember the Center for Irresponsible Lending? Founded by credit union and bank executives – think Wells Fargo – whose mission is to crush the payday loan industry so […]

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