newsarchive
9/8/2010How your workplace can help you avoid debt
Many people think of their job compensation as consisting of the paycheck they receive every week or month. Clearly, payday helps -- but for many people, other workplace benefits can provide valuable tools in the battle against excessive debt.
(Published: Tue, 07 Sep 2010 07:12:59 -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 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)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)Police Warn Of Phone Scam, Threats
A woman was threatened with jail for defaulting on a loan -- all over the phone. Police are now trying to spread the word of the scam and urging residents to not give away personal information.
(Published: Tue, 07 Sep 2010 05:00:05 -0700)Online Payday Lenders Turning to the U.K. to Secure the Future of Their Business
Over the last decade those in the Payday Lending business here in the United States have witnessed both good and bad times.  During the early- to mid-90s, the  payday loan industry saw a steady increase in business and profits, and very little regulation.  By the year 2000 and beyond, legislation overseeing this "cash advance" loan product was getting tighter and tighter, forcing many lenders ...
(Published: Tue, 07 Sep 2010 21:01:00 -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)Confused.com Comments on Consumer Focus Payday Loan Research
Comparison site supports calls for increased clarity and better regulation.
(Published: Tue, 07 Sep 2010 00:01:00 -0700)Payday Loan Defendant Settles FTC Charges
Illegally Tried to Garnish Borrowers Wages
(Published: Sat, 04 Sep 2010 06:57:00 -0700)Payday loans: Cap-the-rate campaign popular in Ravalli County
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)
