borrowers Archives

Arizona Bankers Association rejects bankruptcy court theory

Arizona Economic Forecast 2011, Economic Recovery
by in Banking | Business News

On February 7, The Arizona Bankers Association joined 10 other western state bankers associations along with the American Bankers Association on a brief (the associations’ brief) to the Ninth U.S. Circuit Court of Appeals urging the reversal of a Ninth Circuit Bankruptcy Appellate Panel (the BAP) decision with far reaching and negative implications for real… Read More →

Boefly, A New Online Marketplace, Matches Borrowers With Lenders

Ted and Cindy Ferkenhoff, Boefly
by in Economy | Featured | Finance | Small Biz

One couple searched unsuccessfully for six months to secure a loan. Then, 14 days after using a new online marketplace, Ted and Cindy Ferkenhoff had an offer. The Ferkenhoffs, who needed a loan to open an AlphaGraphics franchise in Flagstaff, weren’t expecting such a quick response. “With the lending market being pretty shaken up …… Read More →

Arizona’s Credit Unions Are Helping Those Who Depended On Payday Loans

Arizona’s Credit Unions Are Helping - AZ Business Magazune Sept/Oct 2010
by in AZ Business Magazine | Featured | Finance

With Arizona’s payday loan industry now history, the state’s credit unions are jumping into the resulting void to both help consumers and gain new members. Called REAL Solutions, the Arizona Credit Union League & Affiliates’ new program offers an option for consumers who depended on the short-term loans made by the payday loan industry. But… Read More →