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8/19/2010

1. Citizens for Community Improvement says Hensley backs its payday loan proposal
   Des Moines City Councilwoman Christine Hensley and members of Iowa Citizens for Community Improvement agree theres a need for strict new regulations on payday lenders.
   (Published: Mon, 16 Aug 2010 03:53:08 -0700)

2. Armed robbery reported at title loan store in Reno
   Police are searching for man who robbed a payday loan business on Virginia St. this afternoon.
   (Published: Wed, 18 Aug 2010 13:51:30 -0700)

3. Dealing with Money and Credit Becomes Easier with "Debt Consolidation Payday Loan," a New Web Portal
   The new web portal "Debt Consolidation Payday Loan" is unique in several ways. It has covered a subject that not many websites have covered before - consolidation of payday loan debts. The site is doing a fantastic job, as it provides unbiased information on almost every topic related to money and credit, be it payday loan, debt consolidation, credit repair, or bankruptcy.
   (Published: Sun, 15 Aug 2010 00:01:00 -0700)

4. Company withdraws judgment applications
   A lawyer for payday loan company Rapid Cash on Tuesday voluntarily withdrew applications in Las Vegas Justice Court for 20 default judgments linked to an unlicensed process serving firm accused of filing false affidavits.
   (Published: Wed, 18 Aug 2010 02:21:34 -0700)

5. Payday loans quadruple as 1.2m borrow in short-term
   Cash-strapped employees borrowed £1.2bn in 2009, paying interest rates of up to 2,000% The number of people taking out costly payday loans has quadrupled to 1.2 million over four years, says a report by Consumer Focus. It estimates that employees borrowed £1.2bn in 2009 alone. Interest charges usually range from 13% to 18% but can be as high as 30% for a month-long loan from some online ...
   (Published: Wed, 18 Aug 2010 09:37:14 -0700)

6. Payday loan customers 'quadruple'
   The number of people taking out expensive payday loans has quadrupled over the last four years, a consumer watchdog said. Related Stories Jewish leaders angry as Popes speech clashes with Yom Kippur Experts call for full inquest into death of David Kelly Police bonus payments £150m a year Mandelson to recall on-air outing Pupils need better A-level advice
   (Published: Fri, 13 Aug 2010 16:35:51 -0700)

7. Supreme Court OKs payday loan ballot initiative
   HELENA, Mont. (AP) The Montana Supreme Court says it wont block a proposed ballot initiative capping the interest rates on payday loans.
   (Published: Wed, 18 Aug 2010 18:16:42 -0700)

8. Payday loan costs push more into insolvency
   THE use of costly payday loans has soared as financial pressures push households to the brink of insolvency, according to a report out today.
   (Published: Fri, 13 Aug 2010 16:25:44 -0700)

9. Payday Loan Store fined after files found in trash
   Payday Loan Store of Illinois is being slapped with a hefty fine after state investigators discovered it had left files containing confidential customer information in garbage bins behind several stores, including two in Chicago Heights. The Illinois Department of Financial and Professional Regulation on Tuesday announced it fined the company $1.1 million dollars for failing to protect the ...
   (Published: Wed, 18 Aug 2010 09:47:33 -0700)

10. Payday loan borrowers 'quadruples' in UK
    A new study reveals that the number of people taking out payday loans in the UK has quadrupled.
    (Published: Sat, 14 Aug 2010 16:01:55 -0700)