newsarchive
9/6/2010AboutPaydayLoan.com Wants Payday Loan Content Contributors
Today the website officially announced that it is looking for payday loan content contributors in order to bring more payday loan education to its users. The website has formed an alliance with other payday loan sites, such as Payday Loans Max, and payday loan blog, in order to advocate responsible payday lending.
(Published: Wed, 01 Sep 2010 00:01:00 -0700)Montana Voters Will Decide Payday Loan Laws
Opponents worry an initiative to cap interest rates on payday loans could drive them out of business. Voters will decide Initiative 164 in November. Wednesday, supporters rallied in Missoula. Right now, lenders can charge more than 400% interest annually.
(Published: Wed, 01 Sep 2010 16:08:45 -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: Wed, 01 Sep 2010 19:28:51 -0700)NEW: Payday loan business robbed in Wood River
WOOD RIVER - Police are searching for a woman suspected of robbing a "payday loan" business during lunch. The black female reportedly entered the Cash Store, 629 Wesley Ave, around 12:30 p.m. wearing all black, including a ski mask and sunglasses, and brandished a handgun and demanded money.
(Published: Tue, 31 Aug 2010 11:33:07 -0700)Payday Loan Defendant Settles FTC Charges
Illegally Tried to Garnish Borrowers Wages
(Published: Sat, 04 Sep 2010 06:57:00 -0700)Payday Loan Defendant Settles FTC Charges; Illegally Tried to Garnish Borrowers' Wages
One of the owners of a payday loan and debt collection operation has agreed to settle Federal Trade Commission charges for his role in a scheme that illegally tried to garnish borrowers wages and used other illegal debt-collection practices.
(Published: Thu, 02 Sep 2010 07:08:45 -0700)Payday loan initiative draws praise, criticism in Great Falls
Proponents of an initiative that would cap the interest rate for payday and title loan lenders held a rally in Great Falls on Wednesday.
(Published: Wed, 01 Sep 2010 16:55:27 -0700)Madigan Family Benefits From Payday Loan Bill
Representative Michael J. Madigan In the spring, payday loan reform passed the Illinois legislature , capping high interest rates for consumers and expanding a tracking system to keep tabs on lenders. While the measures certainly benefited borrowers of high interest loans, the Sun Times reports that the Madigan family benefited from the loan as well. Lobbyist Jordan Matyas, son-in-law to House ...
(Published: Mon, 30 Aug 2010 11:51:29 -0700)Payday loans at center of debate
With some of the most lenient laws regulating payday loan businesses, Missouri is crawling with them. St. Joseph has 28 from which to choose. Critics say the businesses are practicing “predatory” lending, feeding off the underprivileged. Proponents say they’re simply offering a service to those who can’t get a loan anywhere else.
(Published: Sat, 04 Sep 2010 22:02:24 -0700)Critics approve of payday-loan rules
DENVER - Payday-loan critics won another victory Tuesday when the attorney generals office adopted rules that require lenders to refund more fees when borrowers repay their loans early.
(Published: Tue, 31 Aug 2010 22:36:29 -0700)
