Has One Company Found an Alternative to Payday Loans

Payday loan lenders have been vilified in the media for a long time now. Accused of predatory lending standards with outlandish interest rates, consumer advocates, elected officials and bureaucrats are looking to impose new regulations on the bad credit loan business. But will payday loan lenders vanish through regulation? One company may have a free market solution to consumers needing quick cash to cover an emergency, repair or vehicle breakdown. The purpose of these loans is to help consumers pay their utility bill, purchase a new refrigerator or cover the rent until their next paycheck in two weeks. What if … Continue Reading →