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12/19/2010

1. Payday loan firms face action on direct debits
   Payday loan firms are putting customers at risk of deeper debt difficulties by taking money out of their bank accounts without telling them, it has emerged.
   (Published: Fri, 17 Dec 2010 16:04:36 -0800)

2. Payday Loan Tree Helps their Customers find its 3000th Payday Loan for the Two Week Period Leading to Thanksgiving Day
   Keeping pace with the expected growth in Payday Loan applications during the holiday season, the company reports having successfully placed over 3 thousand customers with lenders during the Mid-November period alone (PRWeb November 22, 2010) Read the full story at http://www.prweb.com/releases/paydayloans/11/prweb4818204.htm
   (Published: Mon, 22 Nov 2010 08:15:04 -0800)

3. Loan sharks warning for financially struggling families
   OFT highlights dangers of turning to loan sharks as more families are expected to use illegal lenders to cope over the festive season Hundreds of thousands of Britons could resort to using loan sharks to cover the cost of Christmas, the Office of Fair Trading warned today, as it urged struggling families to avoid using illegal money lenders to pay for presents and festive celebrations. As many ...
   (Published: Fri, 17 Dec 2010 09:10:59 -0800)

4. Texas Showdown Brewing Over Payday Loan Stores
   Critics ask Dallas City Council to support changes in Texas law.
   (Published: Mon, 13 Dec 2010 22:50:06 -0800)

5. Images released of payday loan shop robbers
   WATERLOO REGION – Waterloo Regional Police have released security-camera images of three men wanted in Tuesday’s robbery of a payday loan shop in Kitchener.
   (Published: Wed, 15 Dec 2010 08:47:46 -0800)

6. By Amy McCullough
   If payday loan lending interest rates are limited in Mississippi, payday lending establishments will effectively be shut down, and residents will turn to unregulated Internet lenders.
   (Published: Fri, 17 Dec 2010 09:28:38 -0800)

7. Borrowing Made Easy with Same Day Loans
   What exactly is a payday loan? It is a revolutionary service that allows borrowers to take out a loan, usually up to £1,000 on a short term basis, usually over a few weeks.
   (Published: Fri, 17 Dec 2010 07:17:28 -0800)

8. Quick thinking derails payday loan scam
   McCOOK, Nebraska -- The McCook, Nebraska, man didnt fall for the line fed to him by the man calling on his cell phone, but hes concerned that the same heavy-handed approach could frighten someone else into sending money to the caller.
   (Published: Fri, 17 Dec 2010 10:54:10 -0800)

9. Columbia Rep. Mary Still continues to push payday lending reform
   COLUMBIA — When Rep. Mary Still, D-Columbia, was working for then-Attorney General Jay Nixon in the late 90s, ministers in the Kansas City area reported an unusual rise in food pantry patrons. The ministers had an explanation for the increase. They said the newcomers were part of the debt spiral created by payday loans, Still said. The issue has held her attention ever since, and in her first ...
   (Published: Sat, 18 Dec 2010 16:41:56 -0800)

10. Grass Roots: Will new payday loan law help tame industry?
    Its not yet clear what a new Wisconsin law regulating payday lenders will mean for the industry after it goes into effect on Jan. 1, but lenders in Montana arent even waiting for that states new law to take effect. Theyre closing up shop now.
    (Published: Tue, 30 Nov 2010 08:27:45 -0800)