Month: March 2021

Paying Installment Loans to Create Credit

[ad_1] The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. The idea that your student loans have little impact on your credit score is a common myth. The two accounts […]

Opponents target bill that would allow 29% interest rates on installment loans in Nebraska | Regional government

Nebraska lawmakers sparred on Tuesday over a proposal that would allow installment lenders to raise their interest rates to 29% a year. Omaha Sen. Brett Lindstrom, who introduced LB510, touted the measure as a way to make capital more accessible to Nebraskas with less than perfect credit. He said these people have limited places to […]

Opponents Target Bill That Would Allow 29% Interest Rates on Nebraska Installment Loans | Politics

[ad_1] But Senator Justin Wayne of Omaha argued that the proposal would allow installment lenders to prey on people without good credit records. He pointed out that no consumer had come to ask for the change. The only witness supporting the bill was OneMain Financial, a company offering installment loans. Other critics included Senator Carol […]

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