Category Archives: Massachusetts Payday Loans

Lawmaker’s company accused of ignoring payday financing ordinances

Lawmaker’s company accused of ignoring payday financing ordinances Lawmaker’s business accused of ignoring lending that is payday. As user regarding the Texas House of Representatives, Houston Republican Gary Elkins tends to make rules. As being a businessman, he could be an owner of a chain of payday lending shops accused of breaking them. Elkins opposed […]

Payday advances by Credit Unions Come Under Fire

Payday advances by Credit Unions Come Under Fire A top regulator is vowing to curtail short-term, high-cost customer loans at federally chartered credit unions. Debbie Matz, the president of this nationwide Credit Union Administration, promised action in reaction to brand new research by customer teams. Nine credit that is federal are making loans by what […]

Forms of Resource Based Financing. Merchant Cash Advances.

Forms of Resource Based Financing. Merchant Cash Advances. Vendor payday loans are commercial loans where the debtor sells off a share of future sales or invoices at a reduced price. Being an example, let’s assume a loan provider provides Joe Trucking business a cash advance of $75,000, which Joe can instantly used to buy vehicle […]