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Money Mart charged “criminal” interest rates on 4.5 million payday loans over 10 years, a lawyer representing 264,000 borrowers told a judge during the first day of a class-action suit against the lending company.

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Random Feed wrote an interesting post today on
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The virus, called Conficker C, might have already infected between 5 million and 10 million computers, researchers say. A master computer is set to gain control of the worm on April 1, 2009.

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Random Feed wrote an interesting post today on
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Payday Lender to Pay $2.5 Million in Settlement February 26, 2009 by Joe Finance Pacific Financial, a loan chain based in Washington, agreed to pay a $2.5 million settlement to over 10,000 who were harrassed after they were late repaying their payday loans. The ruling ends a three year case that included customers who defaulted between 2001 and 2005. It is important to understand that there are two types of payday lenders. There are lenders such as Pacific Financial, who operates as L

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Random Feed wrote an interesting post today on
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A local payday loan company offered to cough up $2.5 million in settlement money after thousands of clients sued over defamation and abusive collection practices.

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Random Feed wrote an interesting post today on
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Those who are steadily employed today might find themselves without a job tomorrow due to the continuous rise in lay-offs and downsizing. And the unemployed have a hard time getting health insurance, payday loan and other financial benefits.

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