PaperTrail BlogThursday, September 9, 2010 @ 1:34PMUpdated: 9/9/2010, 2:31 pm | Imagine strolling into Bob’s Sandwich Emporium to discover that the chalkboard behind the counter lists both lunch specials and financing specials.
Local Literary Horizon Filled with Fellatio, Famine, and Subprime LoansFriday, September 3, 2010 @ 3:06PMEast Bay authors and East Bay publishers are pumping out new books about economic apocalypse, oral sex, and baby animals. [ Subscribe to the comments on this story ]
New coalition fights payday loansThursday, September 2, 2010 @ 1:56AMA number of social policy groups have joined forces in a campaign to put limits on payday lending in Texas.
Capping interest rates on high-cost loans may do more harm than goodTuesday, August 31, 2010 @ 9:58AMThe public supports a rate cap, but it would be a simplistic measure to a complex problem We all know that the poor pay more for everything but the unresolved question is – what do we do about it? This week's YouGov omnibus survey for Compass appeared to find overwhelming public support for a cap on interest rates as a solution: 68% of respondents believe there should be a lending rate cap to ...
Pay1Day Releases Warning to Customers Regarding Recent Collections ScamTuesday, August 31, 2010 @ 2:01AMPay1Day, a direct online lender that cares about the privacy of their customers' personal finance information, is issuing this press release as a warning in hopes of helping to put a stop to this scam.
Should “Payday Loans” Be Outlawed?Monday, August 30, 2010 @ 3:03PMOver the years I’ve seen many articles critical of the short-term financial product commonly known as a “Payday Loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall...
Commercial real estate failures easier to spot than residential woesSunday, August 29, 2010 @ 1:29AMSkeletons of unfinished buildings, weed-infested vacant lots for projects that never got off the ground and for-sale signs are the more visible remnants of an overextended market caught in the jaws of the biggest financial crisis and economic downturn since the Great Depression.
Pay Day Loan Scams Hit HardTuesday, August 24, 2010 @ 5:03PMA local woman, who wants to stay anonymous, says she's been duped by a company who says she owes them on Pay Day loans
New Credit Card Rules May Harm More Than HelpMonday, August 23, 2010 @ 5:49PMInterest Rates Spike and Credit Lines for New Cards Drop as New Regulations Take Effect