Here you will find information for the
press that includes Council For Fair Lending press releases and other pertinent information
about the industry. Click
here if you have questions.
National Financial
Literacy Month & Borrow Smart,
April 29, 2010.
Borrow Smart Alabama announces a new round of financial training classes
for National Financial Literacy month (click
here) and a new public financial education web site (click
here) to promote and encourage participation in financial
education.
Federal Reserve Bank
Payday Loan Study,
October 21, 2009.
An unbiased report by the Federal Reserve Bank Of New York finds that in
states that abolish payday loans that the consumer is penalized by being
forced to use much higher cost alternative financial products.
Click
here to download and read this report in pdf form.
Borrow Smart Cautions
Borrowers During Troubling Times,
October 28, 2008. Borrow Smart has launched an initiative to
alert our
customers about the wise use of our services during these troubling
financial times. Click
here (.doc) or
here (.pdf) for the press release and
click here to see the customer notice posted in each Borrow
Smart member store.
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