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3/31/2011Panel kills payday loan bill
Panel kills payday loan bill By Lee Davidson The Salt Lake Tribune Published Mar 2, 2011 10:34PM MDT A bill aimed at stopping people who obtain “payday loans” from spiraling into uncontrolled debt was killed by a House committee on Wednesday. HB113 by Rep. Brad Daw, R-Orem, would have created a database to list people who have a payday loan or who are in default on one. Once listed, no payday ...
(Published: Wed, 02 Mar 2011 21:13:45 -0800)SEC Stops $47M Fraud at Payday Loan Companies
The Securities and Exchange Commission said Monday that it has obtained a court order freezing the assets of two online payday loan companies and their owner, charging them with perpetrating a $47 million offering fraud and Ponzi scheme.
(Published: Mon, 28 Mar 2011 10:14:38 -0700)Payday Power Add Mr Lender to Approved Lender List
Leading UK payday loan broker, Payday Power, adds Mr Lender to list of approved lenders.
(Published: Wed, 30 Mar 2011 11:00:00 -0700)SEC: Ponzi scheme was run through payday loan company
SEC: Ponzi scheme was run through payday loan company By melinda Rogers The Salt Lake Tribune Published Mar 25, 2011 09:16PM MDT A Hyde Park man has been accused in federal court of orchestrating a Ponzi scheme under the guise of an online payday loan company. The Securities and Exchange Commission on Friday filed a complaint in U.S. District Court against John Scott Clark, 58, and his ...
(Published: Fri, 25 Mar 2011 14:05:40 -0700)Payday loan measure tweaks origination fee
DENVER — Payday lenders would be able to keep all of the upfront money they charge for short-term loans under a bill approved in a House committee Tuesday. The bill, which heads to the full House, alters a controversial measure approved by the Colorado Legislature last year that capped how much in fees and interest rates payday lenders can charge.
(Published: Tue, 29 Mar 2011 22:37:51 -0700)Payday loan reform measure advances
JEFFERSON CITY — A payday loan bill that supporters contend brings new protections to consumers but critics call a false reform that actually helps the industry won approval in a House committee Wednesday.
(Published: Thu, 17 Mar 2011 12:05:20 -0700)SEC Halts $47 Million Investment Fraud at Utah-Based Payday Loan Companies
Washington, D.C., March 28, 2011 – The Securities and Exchange Commission today announced that it has obtained a court order freezing the assets of two online payday loan companies and their owner charged with perpetrating a $47 million offering fraud and Ponzi scheme.
(Published: Mon, 28 Mar 2011 08:23:00 -0700)SEC Halts $47M Investment Fraud at Utah-Based Payday Loan Companies
Washington, D.C., - The Securities and Exchange Commission today announced that it has obtained a co...
(Published: Mon, 28 Mar 2011 09:42:20 -0700)Bill would limit interest on payday loans
PROVIDENCE - Proposed legislation would limit high-interest payday loans, bringing Rhode Island in line with other New England states and curbing a practice that advocates say hurts low-income residents and the local economy.
(Published: Wed, 30 Mar 2011 19:17:33 -0700)T3LEADS Expands Vertical Market Programs
Company now offering insurance and UK payday loan programs. (PRWeb March 30, 2011) Read the full story at http://www.prweb.com/releases/2011/03/prweb5210274.htm
(Published: Wed, 30 Mar 2011 09:11:19 -0700)
