Economic Forum in Washington Will Discuss Cash Advances, Payday Loans
By J.J. CameronPayday Loan Writer
The interest rate cap that Congress recenly agreed on for military cash advances may be having a domino effec. Numerous states are now considering regulations on regular and faxless payday loans.
For example, Bellingham YWCA's Soapbox Series will include two community forums this month highlighting economic issues. One of them involves home ownership opportunities; the other focuses on bad credit payday loan use.
Representatives from the Poverty Action Network will speak at "Quick Loans or Quicksand?" a call for stricter controls in the cash loan industry, at a brown-bag lunch at noon Oct. 19 and at a 6:30 p.m.
The is free and will be in the YWCA ballroom.
