Capital Region military families should beware of unscrupulous loan schemes that could end up charging them 900 % interest for loans, US Senator Charles E. Schumer warned today in a news conference in Albany. To stop these operators from preying on vulnerable Capital Region military families who are undergoing traumatic transitions, Schumer today urged the Federal Deposit Insurance Corporation (FDIC) to close a loophole that some lending institutions exploit to market the illegal payday loans - even in states where they are illegal. “The bottom line is that the same Federal regulators who are supposed to be protecting consumers are instead stand idly by while holes get poked in some of the best protection in the nation,” Schumer 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. Asame day payday 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.
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