The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) recently approved a two-year pilot project to review affordable and responsible small-dollar loan programs in financial institutions. Participation in this program will be strictly voluntary; however, it is anticipated that participating institutions will realize some benefits. For example, a state nonmember bank that establishes a loan program that provides small, unsecured consumer loans consistent with the Affordable Small-Dollar Loan Guidelines would warrant favorable consideration by the FDIC under CRA as an activity responsive to the credit needs of the institution's community. Other institutions will also likely be entitled to similar favorable consideration after review by their primary federal regulator. AboutPayday Loans offers short term cash advances to help you make ends meet when those situations arise and you find yourself a little short on cash. Our service is courteous and hassle free. We are not a bank. We are not here to judge and penalize you. We do not perform a standard credit check however, we do utilize various verification type services to help our staff process your application quickly. Your business is very important to us and we make sure that you are treated both fairly and with respect. We understand that there are certain times that require a little financial help. Asmall unsecured loans instrument allows you to take care of those matters with dignity and confidentiality. We want you to feel that you are important to us and if at anytime you feel otherwise, please let us know.
 |
