<?xml version="1.0" encoding="UTF-8"?> <rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" ><channel><title>MYcashdirect</title> <atom:link href="http://www.mycashdirect.com/loan-articles/feed/" rel="self" type="application/rss+xml" /><link>http://www.mycashdirect.com/loan-articles</link> <description>Get Cash When You Need It</description> <lastBuildDate>Wed, 16 Jun 2010 15:49:45 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.0.1</generator> <item><title>Payday Loans by State</title><link>http://www.mycashdirect.com/loan-articles/payday-loans-state/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loans-state/#comments</comments> <pubDate>Wed, 16 Jun 2010 15:49:45 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legal]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=302</guid> <description><![CDATA[As the "quick cash" loan industry continues to fall under fire to both local and national legal scrutiny many are wondering where these types of loans are still allowed and to what degree.  Below is a quick list as of May 2010, which outlines some of the requirements by state for cash advance or payday loan types and allowances.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loans-state/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Redefine Predatory Lending</title><link>http://www.mycashdirect.com/loan-articles/redefine-predatory-lending/</link> <comments>http://www.mycashdirect.com/loan-articles/redefine-predatory-lending/#comments</comments> <pubDate>Tue, 25 May 2010 18:55:57 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Finance]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[predatory lending]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=296</guid> <description><![CDATA[It seems as if all Payday Loan companies and sites have been labeled as Predatory Lenders regardless of business practices.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/redefine-predatory-lending/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>Payday Loans &#8211; Class Action Lawsuits</title><link>http://www.mycashdirect.com/loan-articles/payday-loan-class-action-lawsuites/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loan-class-action-lawsuites/#comments</comments> <pubDate>Tue, 25 May 2010 15:33:55 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[lawsuit]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=293</guid> <description><![CDATA[The state of Wisconsin District 3 Court of Appeals ruled that payday loan lenders cannot require their customers to waive their ability to be part of a class action lawsuit as criteria to receive a loan from their establishment.  It was stated by the courts that this would be a violation of the Wisconsin Consumer Act, as the ability to join a class action lawsuit is one of the few ways available to consumers to protect themselves from unfair business practices.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loan-class-action-lawsuites/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>To cash advance or personal loan</title><link>http://www.mycashdirect.com/loan-articles/cash-advance-or-personal-loan/</link> <comments>http://www.mycashdirect.com/loan-articles/cash-advance-or-personal-loan/#comments</comments> <pubDate>Sun, 04 Apr 2010 04:46:40 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Cash Advance]]></category> <category><![CDATA[cash]]></category> <category><![CDATA[loans]]></category> <category><![CDATA[payday]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=286</guid> <description><![CDATA[Personal loans are used generally to cover an anticipated expense. On the other hand, cash advances are used to cover sudden emergency expenses, such as an unforeseen home repair or car repairs.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/cash-advance-or-personal-loan/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Better Business Bureau vs Payday Loan Industry</title><link>http://www.mycashdirect.com/loan-articles/business-bureau-payday-loan-industry/</link> <comments>http://www.mycashdirect.com/loan-articles/business-bureau-payday-loan-industry/#comments</comments> <pubDate>Sat, 06 Mar 2010 06:46:07 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Finance]]></category> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[bbb]]></category> <category><![CDATA[better business bureau]]></category> <category><![CDATA[loans]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=275</guid> <description><![CDATA[As with many of the arguments put forth by politicians, and financial conglomerates the claim is empty, just another scare tactic to try and convince the consumers (you) that the payday loan industry is some evil empire out to steal your money.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/business-bureau-payday-loan-industry/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Credit Card Loopholes</title><link>http://www.mycashdirect.com/loan-articles/credit-card-loopholes/</link> <comments>http://www.mycashdirect.com/loan-articles/credit-card-loopholes/#comments</comments> <pubDate>Thu, 25 Feb 2010 01:27:50 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Credit Cards]]></category> <category><![CDATA[Finance]]></category> <category><![CDATA[cash]]></category> <category><![CDATA[debt]]></category> <category><![CDATA[fees]]></category> <category><![CDATA[money]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=270</guid> <description><![CDATA[With the Credit Card Accountability Responsibility and Disclosure Act of 2009, which took effect on Monday now in play even more loopholes are being brought to light. With the constant talk of payday loan lenders corrupting the financial industry]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/credit-card-loopholes/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>New Credit Card Law, Same old failing system</title><link>http://www.mycashdirect.com/loan-articles/credit-card-law-failing-system/</link> <comments>http://www.mycashdirect.com/loan-articles/credit-card-law-failing-system/#comments</comments> <pubDate>Mon, 22 Feb 2010 16:04:29 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Finance]]></category> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[banks]]></category> <category><![CDATA[Cash Advance]]></category> <category><![CDATA[foreclosure]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[lender]]></category> <category><![CDATA[loans]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=264</guid> <description><![CDATA[Consider a sub-prime credit card that now comes with a 59.9 percent interest rate.  The lenders serving risky borrowers say high fees and interest rates are necessary because their customers are more likely to default on loans. Restrictions on what they charge could put them out of business, and leave the neediest with no options at all, they say.  ]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/credit-card-law-failing-system/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Payday Loans Strong In Ohio</title><link>http://www.mycashdirect.com/loan-articles/payday-loans-strong-ohio/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loans-strong-ohio/#comments</comments> <pubDate>Mon, 08 Feb 2010 03:46:02 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Cash Advance]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[lender]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=257</guid> <description><![CDATA[The General Assembly, left and right wing alike allow payday lenders to continue business as normal.  *Gasp* 391 percent... shocking.  Get a grip.  I find it funny that legislators are still trying to pull the proverbial wool over the general public's eyes with these large percentage numbers.  These numbers are less than what you pay for overdrawing your checking account. ]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loans-strong-ohio/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Debt dealing in the new year</title><link>http://www.mycashdirect.com/loan-articles/debt-dealing-year/</link> <comments>http://www.mycashdirect.com/loan-articles/debt-dealing-year/#comments</comments> <pubDate>Sat, 30 Jan 2010 01:11:06 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Debt Consolidation]]></category> <category><![CDATA[bills]]></category> <category><![CDATA[debt]]></category> <category><![CDATA[debt settlement]]></category> <category><![CDATA[fees]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=254</guid> <description><![CDATA[With the holiday season over and a new year beginning, Americans will soon be putting away their holiday decorations and getting back to the normal life. Many resolutions will be made for 2008, and many people will resolve to get out of debt. Making the resolution to get out of debt may be easy at the stroke of midnight but when the bills from holiday spending roll in many may wonder how they will ever keep this resolution.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/debt-dealing-year/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>Payday loans are like taxi fares</title><link>http://www.mycashdirect.com/loan-articles/payday-loans-taxi-fares/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loans-taxi-fares/#comments</comments> <pubDate>Tue, 19 Jan 2010 05:47:19 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=207</guid> <description><![CDATA[The payday loan war going on is political rhetoric.  The industry is an easy target for politicians who have done nothing else during there term and are looking for that one little thing that makes them look like they have accomplished something.  The basics of the payday loan system are not so far beyond anything we currently use.  Everyone is upset about this triple digit APR that they fail to actually look at how easy it is and what you probably already have that runs you triple digit APR's.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loans-taxi-fares/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Arizona Payday Loan War Continues</title><link>http://www.mycashdirect.com/loan-articles/arizona-payday-loan-war-continues/</link> <comments>http://www.mycashdirect.com/loan-articles/arizona-payday-loan-war-continues/#comments</comments> <pubDate>Sun, 17 Jan 2010 03:25:51 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[law]]></category> <category><![CDATA[legislative]]></category> <category><![CDATA[lender]]></category> <category><![CDATA[loans]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=191</guid> <description><![CDATA[As of July 1, 2010  Payday Loan centers in the state of Arizona are supposed to close their doors for good.  The only thing that has kept them open this long is a House bill that was introduced.  It's great to watch politics feed on the uninformed, they love to use scare tactics along with these outrageous percentage numbers to try and scare people into voting there way.  State Senator Chuck Gray was quoted as saying "When they charge 400 percent interest and burden those families with those kinds of debts, ..."]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/arizona-payday-loan-war-continues/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Why payday loans are flourishing</title><link>http://www.mycashdirect.com/loan-articles/payday-loans-flourishing/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loans-flourishing/#comments</comments> <pubDate>Thu, 14 Jan 2010 06:15:25 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[lender]]></category> <category><![CDATA[pawn shops]]></category> <category><![CDATA[payday]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=179</guid> <description><![CDATA[Economically our nation is still in a downfall, with banks still reluctant to distribute loans as they once did is causing an increase in the use of payday loans as much as 25% in some areas.  As laws tighten to govern these local payday lenders more new faces are walking through the doors and filling out applications online in a continued steady growth.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loans-flourishing/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>The Lies About Payday Loans</title><link>http://www.mycashdirect.com/loan-articles/the-lies-about-payday-loans/</link> <comments>http://www.mycashdirect.com/loan-articles/the-lies-about-payday-loans/#comments</comments> <pubDate>Sat, 09 Jan 2010 05:44:15 +0000</pubDate> <dc:creator>EFWhite</dc:creator> <category><![CDATA[Finance]]></category> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[banks]]></category> <category><![CDATA[fees]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=172</guid> <description><![CDATA[Payday loans compare favorably to many of the consumer alternatives that are offered.  Many government officials that are pushing for state and federal regulation of the payday loan industry would like you to think that your being taken advantage of.  The truth of the matter is, the high interest rates of these two week term loans performs better than you may think.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/the-lies-about-payday-loans/feed/</wfw:commentRss> <slash:comments>2</slash:comments> </item> <item><title>Payday Loans Under Attack in Iowa</title><link>http://www.mycashdirect.com/loan-articles/payday-loans-under-attack-iowa/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loans-under-attack-iowa/#comments</comments> <pubDate>Wed, 06 Jan 2010 07:10:36 +0000</pubDate> <dc:creator>Jay Riter</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[lender]]></category> <category><![CDATA[loans]]></category> <category><![CDATA[payday]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=162</guid> <description><![CDATA[Payday loans are under attack again, this time in the state of Iowa.  Following suit with multiple other states they are requesting interest rate ceilings be put into place as well as limiting the number of loans a consumer has the ability to receive.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loans-under-attack-iowa/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Payday Loan Law Activation in Washington State</title><link>http://www.mycashdirect.com/loan-articles/payday-loan-law-activation-washington-state/</link> <comments>http://www.mycashdirect.com/loan-articles/payday-loan-law-activation-washington-state/#comments</comments> <pubDate>Sat, 02 Jan 2010 07:24:27 +0000</pubDate> <dc:creator>Penelope White</dc:creator> <category><![CDATA[Payday Loan]]></category> <category><![CDATA[law]]></category> <category><![CDATA[lender]]></category> <category><![CDATA[Payday Loans]]></category><guid isPermaLink="false">http://www.mycashdirect.com/loan-articles/?p=152</guid> <description><![CDATA[As of January 1, payday loan lenders in the state of Washington will have to deal with new more stringent laws designed to protect the consumer by regulating aspects of the loan agreements and terms.  This will be sure to put local smaller payday loan business out of business as the profit margin that they survive on will no longer be enough to sustain a working company.]]></description> <wfw:commentRss>http://www.mycashdirect.com/loan-articles/payday-loan-law-activation-washington-state/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> </channel> </rss>
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