http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 16 Jun 2010 11:24:02 +0000 http://wordpress.org/?v=2.9 en hourly 1 http://paydaypundit.org/2008/12/31/fed-study-finds-169-mortgage-finance-companies-failed-last-year/ http://paydaypundit.org/2008/12/31/fed-study-finds-169-mortgage-finance-companies-failed-last-year/#comments Wed, 31 Dec 2008 14:23:05 +0000 Payday Pundit http://paydaypundit.org/?p=2193 While the study has nothing to do with payday lending, the Pundit wanted to take this moment to remind readers that payday lenders are not failing due to people not paying them back.  The fact is that, unlike many mortgage lenders, payday lenders do assess a borrowers ability to repay the loan.  And more than 95% of borrowers do pay the loans back.

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