Chattanooga City Council requires reduced interest levels from payday lenders, moves to to outlaw scooters

The Chattanooga City Council swiftly and unanimously authorized an answer Tuesday evening, joining Shelby County in a demand their state to lessen maximum interest levels on payday advances. In order to relieve the economic burden on residents who sign up for payday advances, also known as predatory loans, District 9 Councilwoman Demetrus Coonrod introduced an answer asking her peers to …

Customers warned about risks of utilizing unlicensed online lenders that are payday

Unlicensed online lenders that are payday focusing on New Brunswickers, warns the Financial and Consumer Services Commission (FCNB). FCNB is seeing a rise in complaints from customers about improper behavior from payday financing organizations that aren’t certified to use within the province. These complaints consist of reports of intimidating collection techniques and communication that is aggressive. Some customers have actually …