Articles for Hound News
Save money and make prudent decisions. Our articles and analysis aim to provide fact-based analysis to make it easier to understand borrowing, fees, rates, and payments. Our articles can help you make informed financial decisions to protect yourself and save money. Get the facts so you can make a decision that's best for your situation.
The Payday Hound wishes you and your families a most wonderful New Year.
This year brought many changes to the payday lending landscape. In our opinion, the biggest impact was made by the NY Attorney General. Their cease and desist letter to payday lenders making loans in NY brought a lot of press but we believe real change was made
Why would anyone borrow $300 with a 651% APR? They must be stupid. At least that appears to be the unspoken assumption at the heart of today’s payday lending legislation debate.
Recent legislation from Texas to California focuses on banning payday lending. This ban inherently assumes that the 12 million people who take out ~$7.4 billion in payday loans every
Search engines, news sites, and press release companies have limited efforts to publicize payday lending sites. Payday Loans are too taboo to touch! Although these actions are designed to protect consumers from predatory lending practices and are well intended, we believe efforts to censure payday lending sites may hinder rather than help the clean up of unscrupulous lending practices in
New Payday Loan Finder and Application Service
We spent the last month redesigning and adding two new services to The Payday Hound:
Payday Loan Search Tool
The Payday Loan Search tool filters through our database of lenders based on price, reputation, ranking, and geography. Payday Lending is regulated by each state so our filters help you get to a lender