Category Archives: Loans Payday

After long delay, brand brand new agency occupies part overseeing payday advances

After long delay, brand brand new agency occupies part overseeing payday advances Throughout the 2008 presidential campaign, Barack Obama promised to “cap outlandish interest levels on payday advances and also to enhance disclosure” associated with short-term, high-interest loans. The administration has essentially achieved its goal after years of partisan wrangling. First, some history. “Payday loans […]