For millions of American families, living paycheck to paycheck is nothing new and accessing credit or bank loans isn’t a real option. This means that when it comes to borrowing money, many consumers have limited choices. This problem is exacerbated as lenders face increased scrutiny from federal regulators who are lumping installment lenders in with payday or title loan lenders.
Tell us your story of how #OurLoansWork for you!
The Consumer Financial Protection Bureau’s (CFPB) proposed rule will drastically reduce your ability to get safe, responsible consumer credit in the form of traditional installment loans.
Are you a customer of a traditional installment lender? This is your chance to speak up and make a difference!
Do you have questions about traditional installment loans? A story to share about the positive aspects a traditional installment loan has brought to your financial freedom? Or, do you work for a traditional installment lender? We want to hear your
Millions of Americans live paycheck to paycheck and aren’t prepared to handle large surprise expenses. A 2012 study from the Financial Industry Regulatory Authority found that 40% of Americans would find it difficult to pull together $2,000 within 30 daysRead more
Nationwide helped me in my time of need. I needed a loan to help fix my car and to get my kids ready for school. With my loan, I was able to buy the clothes and supplies and pay the school fees. I am very grateful for all the help the representative gave me during the loan process.
I have used Lloyd Plan's Inc. loans several times to build my credit. They helped me buy a car when no other lending institution would. I borrowed money while I was in school so I could complete my nursing classes. I also borrowed money to travel to see my ailing grandmother.