Payday Pundit » FTC http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 16 Jun 2010 19:04:18 +0000 http://wordpress.org/?v=2.9 en hourly 1 Stimulus scams http://paydaypundit.org/2009/03/04/stimulus-scams/ http://paydaypundit.org/2009/03/04/stimulus-scams/#comments Wed, 04 Mar 2009 22:06:45 +0000 Payday Pundit http://paydaypundit.org/?p=2643 The FTC is warning consumers not to give personal information to scammers who claim to be able to get them stimulus money.

]]> http://paydaypundit.org/2009/03/04/stimulus-scams/feed/ 0 FTC warns consumers about borrowing from online sites http://paydaypundit.org/2008/11/25/ftc-warns-consumers-about-borrowing-from-online-sites/ http://paydaypundit.org/2008/11/25/ftc-warns-consumers-about-borrowing-from-online-sites/#comments Tue, 25 Nov 2008 14:16:34 +0000 Payday Pundit http://paydaypundit.org/?p=2001 As detailed in this article, the online lending business is booming.  Members of CFSA who offer payday loans online are required to follow the laws of the state of the borrower.  Unfortunately for consumers, many online lenders are located offshore and are completely unregulated.

Wouldn’t it be better to allow brick and morter payday lenders to offer the service instead of driving consumers to Google to search for an online lender?

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