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3/15/2006

1. Payday lending is a thing of the past (Asheville Citizen-Times)
   The news that payday lending will no longer victimize citizens in North Carolina was music to my ears as I thought of all the well-meaning, hard-working people who have used these "quick fix" loans and end up paying hundreds of dollars in fees over...
   (Published: Sun, 12 Mar 2006 05:08:37 GMT)

2. Program to offer alternatives to payday loans (CBC Manitoba)
   The provincial government is investing in a project to assist low-income people in managing their money in an attempt to tackle the problem of payday lending companies that provide short-term loans at high interest rates.
   (Published: Mon, 13 Mar 2006 15:18:15 GMT)

3. My Payday Loan Goes High Tech (CRM Today)
   Building on two years of rigorous Payday Loan software development, the implementation of a new loan approver system means that customers are finding it quicker and easier than ever before to apply for loans.
   (Published: Mon, 13 Mar 2006 13:51:34 GMT)

4. N.C. laws push payday lenders into S.C. (The Myrtle Beach Sun News)
   The end of quick-cash loans in North Carolina has driven a number of the businesses to South Carolina. In Rock Hill, about 10 miles south of the state line, there are now 10 payday lending stores in the first 1.3 miles after a southbound driver takes the city's first exit off Interstate 77.
   (Published: Wed, 15 Mar 2006 01:03:31 GMT)

5. Payday lender option closes (The Robesonian)
   LUMBERTON - When Marie needs extra cash between paychecks, she turns to a payday lender - not often, but occasionally. “When you are in a crunch and you need money, it is helpful,” she said.
   (Published: Mon, 13 Mar 2006 15:55:31 GMT)

6. Fee cap planned (winnipegsun.com)
   The often exorbitant fees charged by payday loan companies will be capped and extra charges for renewing a loan will be prohibited under new legislation introduced by the province yesterday.
   (Published: Tue, 14 Mar 2006 08:08:29 GMT)

7. Payday lenders gone, not demand (The Charlotte Observer)
   It may seem odd to wonder where people will turn now that payday lenders have left North Carolina.
   (Published: Sun, 12 Mar 2006 12:20:40 GMT)

8. Payday loan ordinance under attack on two fronts (Jacksonville Daily Record)
   In 2005, the Pentagon mostly spared Florida bases from a round of closures and even added troops and bases to the state. A year later Jacksonville officials and consumer advocates worry that Florida is rolling out the red carpet for predatory lenders that often target the military.
   (Published: Mon, 13 Mar 2006 14:30:40 GMT)

9. Payday lenders are squeezed by FDIC (The Philadelphia Inquirer)
   The payday-loan industry has presented what has been a successful argument to state legislators: Authorize these controversial loans or we'll make them anyway as agents of out-of-state banks you can't control.
   (Published: Fri, 10 Mar 2006 13:28:50 GMT)

10. Payday loan controls get unexpected push from Karen Minnis (KATU)
    SALEM, Ore. - To the surprise of many, GOP House Speaker Karen Minnis says controls on the payday loan industry should be on the agenda of a possible special legislative session.
    (Published: Sat, 11 Mar 2006 02:36:03 GMT)