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Tag: payday loans

Attention Payday Lenders: Less Than 48 Hours...
Industry News Merchant Accounts

Attention Payday Lenders: Less Than 48 Hours...

by Instabill October 6, 2016 0 comments loan services, payday loans

Payday lenders have less than 48 hours to share their opinions with the Consumer Finance Protection Bureau about its proposed reforms. In a nutshell, the Bureau is calling for all U.S. payday lending merchants to ascertain – before any loan is granted – that a borrower has the means to repay the loan in an…

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Why the Feds Want Limits on Payday Lenders
Industry News

Why the Feds Want Limits on Payday Lenders

by Instabill February 10, 2015 0 comments loan services, payday loans

The dispute between the Consumer Financial Protection Bureau and payday lenders is kind of like the old Tom & Jerry cartoons. Tom, the angry cat, sets a trap to catch Jerry, the elusive, clever mouse. Jerry finds a way around the trap. Tom improvises and thinks of a new scheme. Jerry adjusts and squeezes his…

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Instabill

Instabill provides reliable, cost-effective merchant services that help e-commerce, retail and MOTO businesses succeed and thrive. In 2001, Founder and CEO Jason Field established the company to assist merchants in obtaining high risk and offshore credit card processing solutions. Today, Instabill is one of the industry’s leading high risk merchant account providers worldwide.

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