newsarchive
1/19/2011Put interest cap on payday loans
The payday loan industry reported spending almost $120,000 in the first eight months of 2010 lobbyin
(Published: Mon, 03 Jan 2011 22:40:42 -0800)Payday Power Now Offering Payday Loans Up To £1,200
Leading online payday loan broker, Payday Power, is now able to offer consumers up to £1,200 each time they apply.
(Published: Fri, 14 Jan 2011 08:00:00 -0800)Payday lending bill could jeopardize smaller lenders
The 28 days the legislation gives borrowers to repay the loan would severely hurt cash flow of small, rural lenders, the payday-loan industry says If Mississippians want payday lenders to go away, state Rep. George Flaggs is giving them a lot of what they want, the lenders say.
(Published: Mon, 17 Jan 2011 16:05:40 -0800)Mary Still winds up for third pitch of payday loan reform legislation
COLUMBIA — Mary Still sees Missouri as a good place to get ripped off by payday lenders. Thats why the state representative has again introduced a bill that would limit what she calls predatory practices of payday lenders in Missouri. "The payday loan industry preys on young working people who are not as financially sophisticated as older people would be," Still, D-Columbia, said. "It causes ...
(Published: Fri, 14 Jan 2011 11:50:22 -0800)Payday lenders switch gears: Advocates for poor say new loans just as bad
COLUMBIA -- A South Carolina law barring people from taking out more than one payday loan at a time has led borrowers to seek other loans that advocates for the poor also call predatory. Often those loans are made by the same companies operating under different licenses.
(Published: Thu, 23 Dec 2010 21:24:54 -0800)Payday loan limits headline new laws taking effect today
MADISON -- A controversial law regulating Wisconsins payday loan industry is among several taking effect today.
(Published: Sat, 01 Jan 2011 07:25:39 -0800)Payday loan company owner arrested in St. George in prostitution sting
Charles Brennan, founder and owner of nearly 50 Dollar Loan Center stores in Nevada, Utah and South Dakota, has been arrested...
(Published: Sun, 16 Jan 2011 12:57:00 -0800)Alternatives to Payday Loans When You Need Cash Fast: Part 1
Filed under: Personal Finance , Lynnette Khalfani-Cox The $40 billion a year payday loan industry is booming thanks to high unemployment and a lack of access to traditional bank credit. While most individuals typically think about payday lenders doing business mainly with poor people and minorities, the Wall Street Journal reports that payday loans are also increasingly being used by middle ...
(Published: Fri, 07 Jan 2011 11:32:50 -0800)Rep. Mary Still returns to payday loan fight
As she prepared to again file legislation to limit the interest rates payday loan companies charge, state Rep. Mary Still said Monday she has 40 co-sponsors but anticipates it will be difficult to get the bill to the House floor.
(Published: Mon, 10 Jan 2011 12:11:34 -0800)Feds hunt for ‘payday’ loan alternatives
Ottawa joins provinces in effort to regulate controversial payday loan sector
(Published: Mon, 10 Jan 2011 09:33:45 -0800)
