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5/29/2010Payday loans feeling squeezed
Industry lobbying against limits on borrowing, other restrictions Greg Burns: The controversial payday loan industry is under fire as financial reform lurches toward a messy conclusion on Capitol Hill. Payday loans occupy a special corner in the punishment cell of consumer protection -- the business has boomed for more than a decade, despite near-constant complaints.
(Published: Sun, 16 May 2010 20:11:38 -0700)Avoid online payday loans, consumer advocates say
For many consumers, the payday loan ends up as a debt trap.
(Published: Thu, 27 May 2010 00:21:25 -0700)In Which States Are Payday Loans Still 'Legal'?
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(Published: Thu, 27 May 2010 04:06:13 -0700)Payday Lending Draws Interest From Lawmakers
Making short-term loans to low-income people is big business. Critics say payday lenders take advantage of desperate people with extremely high rates. But operators say the stores help people get through short-term financial emergencies.
(Published: Fri, 28 May 2010 03:50:29 -0700)Special meeting today on payday loan firms, pawn shops
Possible restrictions on new payday loan and pawn shops in Des Moines will be discussed in a special meeting today at 4 p.m. at City Hall.
(Published: Thu, 13 May 2010 08:09:28 -0700)Payday lending blossoms in Janesville
While most lawmakers say its a step in the right direction, consumer advocates say Wisconsins pending payday loan legislation doesnt go far enough to free borrowers from a cycle of debt anchored by sky-high annual interest rates.
(Published: Sun, 09 May 2010 14:04:10 -0700)In Which States Are Payday Loans Still 'Legal'?
Payday loans are not legal in all states. Some states they are legal, some they are prohibited, and in some states they are legal but there are limits and restrictions on the payday lenders.  Below is a summarized  version of that article:
(Published: Thu, 27 May 2010 04:00:00 -0700)Payday loan crackdown headed to Quinns desk
SPRINGFIELD Interest rates charged by payday lenders and otherconsumer finance companies would be capped at 99 percent underlegislation heading to Gov. Pat Quinns desk.
(Published: Wed, 26 May 2010 15:24:03 -0700)Consumers looking for help via payday loan better think twice
When William Lee took out a $250 payday loan through an online outfit, he figured hed have to pay back $280 -- the money he received plus interest or fees. Lee was shocked to learn he owed $400.
(Published: Thu, 20 May 2010 00:50:39 -0700)Temporary ban on payday loan, pawn shops likely in Des Moines
Des Moines leaders have backed a temporary ban on new pawn shops and payday loan stores in the city and called upon state lawmakers to enact tighter regulations throughout Iowa.
(Published: Thu, 13 May 2010 18:24:28 -0700)
