Inside the technical mind of Synaptic Database
When you look to the internet for a payday loan, you will most likely come across 2 distinctly different types of “lenders”, whether you realize it or not. The 2 types of lenders are meant to look and feel similar, and usually only those of us in the industry or with some background in payday [...]
Are Government APR Caps Eliminating Competition Among Payday Lenders? by Gabriel Rodriguez
A payday loan is generally defined as a short-term loan that is usually paid back on the borrowers next payday. These short-term loans (also commonly referred to as a payday advance loan) are offered at a higher APR which [...]
Who Is Writing Our Proposed Consumer Protection Bill? By: Gabriel Rodriguez
Recently the media has begun to criticize those involved in writing the consumer protection language for the proposed financial reform legislation, or Consumer Financial Protection Agency (CFPA). Although coverage has begun to gain steam in the last few weeks, possibly due to the fact that [...]
Opposition Grows Against New Consumer Financial Regulation Agency by: Gabriel Rodriguez
Consumer Financial Protection Agency: an overview,” the creation of the Consumer Financial Protection Agency (CFPA) was marketed as a precautionary step to protect consumers from “predatory” lending practices, and to help avoid another economic meltdown, reports Pay1Day.com. Protecting working class Americans after all, would [...]