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Payday loan providers have found methods around Google’s advertisement ban. Google’s spokeswoman declined to react from the record.

“The proven fact that you’ve got noncompliant items on another web page just isn’t a challenge, ” the individual stated.

Google’s spokeswoman declined to react in the record.

ACE money Express adverts that went on Google following the technology company enacted its loan that is payday ad showcased a web link to a modified version of the company’s website.

This squeeze page would not mention pay day loans, nonetheless it prominently reported: “Money when it’s needed many. ACE helps it be fast and easy. ” Users whom clicked in “Learn More” were taken up to another web page where they are able to submit an application for pay day loans, installment loans and automobile name loans, all of these typically function APRs well above 36%. ادامه مطلب »


Outpouring of Opposition does not Break Payday Lenders’ Hold on Florida Legislature as Payday Loan Expansion Bill Races to Governor

Published on March 8, 2018

Faith leaders, civil liberties groups, state and community advocates’ objections fall on deaf ears as Florida home joins Senate in moving a fresh 200% interest predatory loan bill

The House voted to pass SB920/HB 857 today, a bill that a spokesperson from the Office of Financial Regulations admitted to a reporter was proposed and “run” by the payday lending industry as a new report shows payday lenders have invested at least $8 million in Florida since 2007 between campaign contributions and lobbying expenses.

The balance, which passed the Florida Senate for a unusual saturday session called by President Negron to debate measures to handle weapon physical violence, now heads to Governor Scott, whom could destroy the measure with a veto. The balance would increase the quantity lenders may loan to every debtor while increasing the price to your customer for the loans, with rates of interest over 200% annually.

Groups opposing the bill through the NAACP Florida State Conference, Florida AARP, Florida Veterans for good judgment, League of Southeastern Credit Unions, UnidosUS, Florida Conference of Catholic Bishops, Hispanic Unity, Florida Prosperity Partnership, Jacksonville Area Legal Aid, Cooperative Baptist Fellowship of Florida, 11th District Episcopal AME Church, Latino Leadership, Beaches Habitat for Humanity, Legal help of Palm Beach County, Legal help of Collier County, Catalyst Miami, Solita’s home, Raise Florida system, Legal help of Broward County, Manatee Community Federal Credit Union, Jacksonville Area Legal help, Tallahassee-Leon Federal Credit Union, Florida Legal Services as well as others. ادامه مطلب »



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