Statement from Lisa McGreevy, President and CEO of the Online Lenders Alliance, in reaction to the report issued by the House Oversight and Government Reform Committee regarding the Department of Justice's "Operation Choke Point": "The report confirms what we've known all along--DOJ and other government regulators were engaged in a coordinated effort to eliminate the online lending industry and choke off consumer access to the short-term credit millions of Americans need. Now

Short-term loans are designed to bridge the gap between paydays for things like car repairs, medical emergencies, or everyday expenses when you’re short on funds. While the reasons you may need extra cash can be complicated, the process to get a short-term loan is simple. At Cash Loan City, lenders are available to review your information and provide the relief you need until your next payday. We make it quick and painless to find a lender and get the cash you need. The simpl

What is a payday loan and payday lender? Cashloancity.com is here to help explain so if this is your first time looking for a cash loan lender there's no need to worry. How do payday loans work and where can I find information about them? A payday loan is a short-term loan of a small dollar amount usually offered by businesses other than banks. It is called a payday loan because the amount of money lent to the borrower is supposed to be enough to help them get through to thei

We have all been shafted by overdraft fees from our bank at one time or another. It's an annoyance and a frustration, especially for those of us who don't have much money to begin with. It's also a constant puzzle: if one doesn't have $5, how is that person going to pony up an extra $35 for the fee? Yet banks continue to charge fees and rake in money, making $35 billion on overdraft fees in 2014. To get a better handle on the problem of overdrafts, we need to understand the h

Certain payday loans can really help you out of a bind when you need cash fast, but how are you supposed to pay them back when many of them have such high APR charges? The answer might be easier than you think! Look for a payday loan that doesn’t charge huge annual percentage rates on each loan that they give. It might seem hard to find, but you can get a loan that won’t require you to pay a lot more back than you borrowed to begin with if you pay back by the due date. This i