A professor at the University of Chicago’s Booth School of Business, John Cochrane, has a blog post up about a paper about 19th-century usury laws limiting the interest rates that could be charged by lenders. Professor Cochrane writes: Here are just a few …
Category Archives: News
Rent-A-Center CEO: New Consumer Bureau Won’t Have Authority Over Us – Huffington Post
Ahead of Sunday’s Super Bowl, many cash-strapped football fans will head to Rent-A-Center, America’s largest “rent-to-own” retailer, to look for TVs. The store is advertising a LG 60-inch-wide high-definition TV– on which you can watch Rent-A …
Worcester Sheriff: Beware of scams – Delaware Wave
SNOW HILL — The Worcester County Sheriff’s Office warns residents to be alert for telephone scams, the latest involving a scheme … Rather, contact the lending company named to determine if the caller is a representative, the Sheriff’s …
Rent-to-own home payments unlikely to aid credit score – CreditCards.com
My husband and I are about to sign a rent-to-own contract on a new home. Both of our credit ratings sure could use a boost, and we were hoping that consistent payments on this contract would be reported to the credit bureaus. But how do I make sure the …
Pledging keeps AP tycoons afloat – Times of India
HYDERABAD: If the global meltdown of 2008 played a crucial role in forcing Ramalinga Raju’s hand and blowing the Satyam scam wide open in January 2009 … institutions are turning cautious on lending money due to the current economic situation …
Personal Loans for Bad Credit Considered When Low Credit Score Is Creating Trouble For You – PRLog (free press release)
However, you will still be considered for funding even with a low credit score as more and more lenders are now giving our personal loans for bad credit. Most of them will even give you the cash without enquiring on how you intend to spend it. Choosing the …
Firing, accidents claim 8 lives – Nation
LAHORE – Road accidents, enmity, usury and firing killed eight persons, including two friends and a woman, in the provincial capital on Sunday, police said. According to details, Kashif and Jamshed, the two friends, were heading home when a speeding …
Mack 10 Gets Totally Screwed in Court – TMZ.com
That squarely violates California law, which prohibits “usury” — i.e., excessive interest on loans. On April 28 — 4 days after getting the first loan — Mack borrowed $ 65,000 from Ito, and agreed to pay back $ 130,000 by September 30 …
Racket leaders to answer to charges – Kathimerini
The leaders of four major extortion and usury rackets believed to be linked to the suicide of at least one entrepreneur are to defend themselves before an investigating magistrate in Thessaloniki on Monday. Sources have told Skai that the leader of the …
Food Stamps Working as Designed – Wall Street Journal
Regarding your editorial “Food Stamp Nation” (Jan. 19): Instead of relying on the hard data that tell the full story about the Agriculture Department’s Supplemental Nutrition Assistance Program (SNAP) as a critical support for millions of …