News & Insights

Debt collection reality show being developed

Since the recent recession, many American families have struggled financially. With various reality television programs like "Hardcore Pawn" and "Pawn Stars" showing a behind-the-scenes look at short term lenders, people

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Pennsylvania pawn shops face zoning issues

Many people like going to a pawn shop for their short term lending needs. Not only has it become trendy to do so because of the various reality television shows revolving around the industry, but there is an element of relative anonymity. Moreover,

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Illinois gets new law regarding unlicensed short term lending

The state of Illinois now has a new law pertaining to short term loans for residents. Lawmakers say the bill was passed to protect consumers from predatory tactics, although many of these companies aim to provide short term lending solutions for

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Small businesses seek out creative lending solutions

While more traditional sources of financing may be opening up to small businesses, overall the market remains constrained, encouraging companies to seek new options, including short-term lending. Among the creative solutions businesses are

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Debt collection agency under fire after FDCPA violation

Debt collection agencies are a useful resource for organizations that want to recover outstanding amounts from debtors. However, precautions must be taken to follow the law, specifically the Fair Debt Collection Practices Act (FDCPA), and state

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New Wisconsin legislation affects title lenders

When consumers have to pay for unexpected expenses, many choose to turn to short term lenders for fast cash. Within the industry, there are different types of companies, ranging from those who allow individuals to borrow against their next

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