newsarchive
10/1/2010Payday loan industry fighting back against attacks
During the past several weeks, the payday loan industry has come under attack from several elected officials on the coast who say the high interest rates hurt those who can least afford to pay. But the industry is fighting back. They say they provide a much needed service to those who need cash, but cant get a loan from a traditional bank.
(Published: Thu, 30 Sep 2010 19:29:28 -0700)Payday loan firms thrive in N.W.T.
Payday loan companies have found a profitable new home in the Northwest Territories, but some people have encountered problems with the small short-term loans that come with sky-high interest rates.
(Published: Tue, 28 Sep 2010 15:12:13 -0700)D.M. details possible restrictions for pawnshops, payday lenders
Des Moines pawnshops and payday lenders would be banned in two districts and subject to a half-mile separation under a proposed plan.
(Published: Thu, 30 Sep 2010 09:11:19 -0700)Payday loan trial begns in Polson
POLSON -The lawyers for the plaintiffs who oppose Initiative 164 opened Thursdays trial in Lake County by calling witnesses.
(Published: Thu, 30 Sep 2010 11:27:56 -0700)Council denies permit for payday loan company
Galveston City Council denied its finance committee chairman a permit to allow a payday loan company to operate on land he owns.
(Published: Tue, 28 Sep 2010 22:56:42 -0700)I-164 amis to cap payday loan rates
MISSOULA - An initiative to cap payday loan rates is on the ballot for the first time in Montanas history as over 27,000 voter signatures were collected to put I-164 on the election ballot.
(Published: Tue, 28 Sep 2010 22:18:19 -0700)Payday loan trial begins in Polson
POLSON -The trial over whether to allow an initiative to cap payday loans on the November ballot began in Polson Thursday. Opponents of Initiative 164 sued the state in August and want the judge to remove it from the ballot.
(Published: Thu, 30 Sep 2010 20:18:19 -0700)Major banks boost payday loan centers, report says
As big banks were being bailed out by the federal government, they were lending money to payday loan companies and making huge profits, according to report issued Tuesday by a network of community organizations.
(Published: Tue, 14 Sep 2010 18:33:44 -0700)Trial over "payday" loan ballot initiative continues in Polson
The trial over whether to allow an initiative to cap payday loans on the November ballot began in Polson Thursday. Opponents of Initiative 164 sued the state in August and want the judge to remove I-164 from the ballot.
(Published: Thu, 30 Sep 2010 20:12:46 -0700)Trial on 'payday' loan initiative to begin Thursday
HELENA - A trial will begin Thursday in Polson on the "payday"lending industrys attempt to remove from the Nov. 2 ballot ameasure imposing new limits on the industry, claiming Initiative164 supporters used deceptive and illegal practices to get I-164 onthe ballot.
(Published: Mon, 27 Sep 2010 22:25:25 -0700)
