Tag Archive for 'Payday Loan Information'

Financial Reform Falling Under Criticism For “Missing The Mark”

Financial Reform Falling Under Criticism For “Missing The Mark”  by Gabriel Rodriguez
Millions of hard-working Americans will soon be facing some drastic changes to their already limited finance options soon if a new proposed financial reform bill is passed.  Although many hard working families already find it tough to find finance when they [...]

Subprime Mortgage Collapse Leads To Tightened Financial Regulations For All

Subprime Mortgage Collapse Leads To Tightened Financial Regulations For All By: Gabriel Rodriguez
Currently our Senators are debating the creation of a stand-alone government agency to protect American consumers from the aftermath of another subprime mortgage collapse. This proposed agency (CFPA) would be regulating and overseeing a vast breadth of financial agencies, most of [...]

Big Banks Prepare for Regulation E

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 [...]

Keeping the Payday Loan Industry Alive Amidst Changing Legislation

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 [...]

Payday Loan Accounting For Dummies

The suggested accounting processes of Synaptic Database have been built to mark and document its business activities for several different reasons; profitability, economic trends, tax savings, and transaction reconciliation. The documentation of Synaptic Database’s accounting process contains 6 steps: Transaction Capture, Daily Activity Detail Invoice, Transit Reconciliation, Month [...]