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Archive for 'Pay Day loan'

Demand for High-Interest Payday Loans Soars in Minnesota

By ab.rehmanososoft@gmail.com on February 26th, 2013 | No Comments

Posted in: Debt Scams
Tags: , , , ,

Residents of Minnesota are turning to high-interest payday loans and other services outside the mainstream banking system, controversial enterprises that operate through a loophole to dodge state restrictions. The demand for these types of loans more than doubled in recent...

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FTC Takes Action in Pay Day Loan Scam, Financially Vulnerable Consumers Should Be Vigilant Of Others

By ab.rehmanososoft@gmail.com on February 21st, 2013 | No Comments

Posted in: Debt Scams
Tags: , , , ,

On February 20th, the Federal Trade Commission (FTC) announced victory, at least temporarily, in halting unauthorized credit card transactions involving thousands of consumers. The scammers charged credit cards for non-existent goods and services totaling more than $25 million, targeting financially...

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