Game 5: Cleveland vs Detroit at Quicken Loans Arena
Payday loan show on The CW generates some real interest (Miami Herald)
Payday loan show on The CW generates some real interest (Miami Herald)
The economy is worse than we thought. Even The CW is shoving aside its teenaged psalms to Jimmy Choo and Marc Jacobs for shows about loan sharks and outsourced deities. Next I’m afraid we’ll see Henry Paulson on TV announcing that the Treasury Department has seized Gossip Girl and offering a reverse auction for Serena and Blair.
New regulations on payday loans don’t necessarily apply to car title lenders, and these lenders are finding legal ways to bump interest rates through the roof.
Win the lottery. Thats our advice, if you decide that the only way you can make ends meet is by taking out whats called a payday loan. Youll likely need those lottery winnings to pay off that kind of debt.
In years past, a worker might have asked his employer for an advance on his paycheck. Now, with a driver’s license, a pay stub and a checking account, he can walk into a typical payday loan store, postdate a check for $300 and stroll out with $255 in cash after a $45 fee.