MicroBilt's Monthly Newsletter


Are Payday Loans Better for
Consumers than Overdraft Fees?

email: matthew_vitko@microbilt.com Matthew Vitko  July 15, 2010 Bookmark and Share


Both the pending Wall Street Reform and Consumer Protection Act include provisions that are expected to have significant effects on the payday lending industry. The provisions are the result of intense lobbying by consumer advocates that claim payday lending is predatory lending that targets low income people. The consumer advocates have waged war against payday lenders in Washington and numerous states on the premise that fees charged for payday loans amount to usurious interest rates that take advantage of consumers.

Despite these claims, there are commentators who make valid arguments for the value of payday lending services and how they meet the needs of millions of Americans. One commentator even makes the case that payday loans are cheaper than traditional lending options for a segment of consumers.

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The Real Nightmare on Elm Streets - Nightmare Tenants
email: matt_roesly@microbilt.com Matt Roesly  July 15, 2010 Bookmark and Share
Nightmare Tenants

When most people hear the title A Nightmare on Elm Street™, they think about a group of high school kids that are attacked in their dreams by a villain that goes by the name Freddie Kruger. In this article, we're going to talk about a different type of nightmare that happens on Elm Streets all across the country – nightmare tenants. The difference is – these nightmares are real!

Although most tenants will keep the rental property clean, pay their rent in a timely fashion and adhere to all of their responsibilities as a tenant, there's a chance that a landlord can rent to a tenant that disregards their rental obligations and becomes a nightmare for the landlord.

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