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9/7/2010

1. 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)

2. 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)

3. Payday loans serve those banks reject
   Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “payday loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall into greater debt. I don’t challenge the fact that more of these loans go into default; it speaks to a larger problem: Where do people with credit issues get ...
   (Published: Mon, 06 Sep 2010 11:04:10 -0700)

4. Cap-the-rate campaign prepares for November
   Bitterrooters are lending their support to a statewide campaignto cap the interest rates that payday and car title loaners cancharge.
   (Published: Mon, 06 Sep 2010 20:38:56 -0700)

5. 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)

6. 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)

7. 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)

8. AboutPaydayLoan.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)

9. Payday Loan Defendant Settles FTC Charges
   Illegally Tried to Garnish Borrowers Wages
   (Published: Sat, 04 Sep 2010 06:57:00 -0700)

10. 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)