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Posts Tagged With: short term loan

California Debt Blog: 4 More Concerns about Short Term (Payday) Loans

October 11, 2013 by Jonathan Stein

Last week’s post received such a response that I thought I would share more concerns about payday loans. These short term loans look like a good solution for some people, but for over 90% of the population, they are a…

Categories: Credit, Current Affairs, FDCPA, Hiring an attorney, Legal Process, News Tags: ACH, bank account, credit counseling, fees, FTC, loan agreement, payday loan, process server, short term loan

California Debt Blog: 4 Concerns about Short Term (Payday) Loans

October 4, 2013 by Jonathan Stein

I just helped a woman with a payday loan. The interest rate was 180%. Her payments were going to total over $9,000 in this loan from California Check Cashing, LLC. Her $2500 loan was going to cost her $10,000 when…

Categories: Credit, Current Affairs, FDCPA, Hiring an attorney, Legal Process, News Tags: ACH, bank account, credit counseling, fees, FTC, loan agreement, payday loan, process server, short term loan

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