April 8th, 2010 by GabeRodriguez
Big Banks Prepare for Regulation E: By Gabriel Rodriguez
According to a Press Release from the United States Federal Reserve Board, big banks are in for some big changes this summer. Regulation E, in summary, is a new regulation that will go into effect July 1st, 2010. This regulation prohibits banking institutions [...]
March 29th, 2010 by GabeRodriguez
It is no secret that the payday lending industry can be very profitable.
It is also no secret that the payday lending industry faces a very uncertain future, due mostly to proposed changes in regulatory legislation overseeing short-term lending.
Currently, Payday Loans are regulated state-by-state meaning that every state implements it’s own set [...]
March 1st, 2010 by GabeRodriguez
As with most days, I like to spend a bit of dedicated time each day to look for useful and current information regarding the Payday Lending Industry, a task which sounds easier than it actually can be at times. I have found a surprising (and on some levels, not so surprising) lack of relevant and [...]