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1/31/2010

1. Payday loan cycle targeted by governor, Democrats (Lake Sun Leader)
   Jefferson City, Mo. — (AP) When Elliott Clarks wife broke her ankle, she couldnt work and his paycheck didnt cover the bills. So he got a payday loan for the house payment, then another to pay the gas bill, and another to keep the lights on.
   (Published: Sat, 30 Jan 2010 16:36:35 GMT)

2. Payday loan legislation concerns city council (Glendale Star)
   This Payday Loan store at Peoria and 51st avenues offers to cash tax checks and buy gift cards. Unless the state passes new legislation, all payday loan stores in Arizona will be out of business July 1.
   (Published: Thu, 28 Jan 2010 15:43:54 GMT)

3. Cash Advance Loans From Advance Loan Continue to be Popular for Emergencies into 2010 (PRWeb via Yahoo! News)
   According to current data from Advance Loan, consolidating debt via payday lending may be an increasing trend and in an emergency its most likely to be a good option. It makes good sense to consolidate bills and it gives extra leverage when it comes to negotiating interest rates and terms of repayment
   (Published: Fri, 29 Jan 2010 16:00:00 GMT)

4. Lawmaker deals payday loan industry setback (East Valley Tribune)
   Efforts by the payday loan industry to remain in Arizona after June 30 were dealt a serious - and potentially fatal - setback Monday when a key Democratic lawmaker said he cant support what the lenders want.
   (Published: Tue, 26 Jan 2010 16:09:56 GMT)

5. Nixon calls for payday lending law changes (KTVO Kirksville)
   Gov. Jay Nixon wants changes to what he calls the "voracious" payday lending industry.
   (Published: Fri, 29 Jan 2010 21:07:04 GMT)

6. Payday loan lifeline loses ground (The Sierra Vista Herald)
   By Howard Fischer Capitol Media Services PHOENIX — Efforts by the payday loan industry to remain in Arizona after June 30 were dealt a serious  and potentially fatal  setback Monday. A key Democratic lawmaker said he can’t support what lenders want. read more
   (Published: Tue, 26 Jan 2010 08:50:00 GMT)

7. Senator: Payday loan cap has loophole (Concord Monitor)
   A year ago, the state Legislature outlawed payday and title loans in order to protect consumers from paying exorbitant interest rates. But that hasnt stopped some lenders from offering other types of short-term loans at equally high interest rates.
   (Published: Wed, 27 Jan 2010 13:18:03 GMT)

8. Gov. Nixon, Democratic legislators target payday loan cycle (KY3 Springfield)
   Industry lobbyists say no change is needed in Missouris laws, and some Republican legislative leaders remain skeptical.
   (Published: Sat, 30 Jan 2010 19:02:00 GMT)

9. Majority leader Sheridan says payday lender lobbyists are spreading rumors of his resignation (The Oshkosh Northwestern)
   MADISON, Wis. (AP) - Democratic Assembly Speaker Mike Sheridan on Thursday accused opponents of increasing payday loan regulation of starting rumors that he was going to be removed from power.
   (Published: Fri, 29 Jan 2010 10:22:27 GMT)

10. Payday loans may get tougher to find (KSDK St. Louis)
    Payday loans may get tougher to find
    (Published: Sat, 30 Jan 2010 23:34:50 GMT)