newsarchive
4/2/2011Payday loan scamuses local number in nationwide calls
A payday loan scam that has been sweeping the nation is apparently using a Fernandina Beach telephone number to prey on victims.
(Published: Fri, 01 Apr 2011 07:30:14 -0700)Panel 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)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)House committee OKs payday loan reform
JEFFERSON CITY — A bill that would tighten rate regulations and add consumer protections to the states payday loan industry won approval over a more restrictive payday bill in a House committee Wednesday. The passing bills sponsor, Rep. Ellen Brandom, R-Sikeston, developed the legislation in a bipartisan committee last summer. The bill with stricter regulations, which failed to pass through ...
(Published: Wed, 16 Mar 2011 20:22:16 -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 bill wins House approval
DENVER — Payday lenders would be able to keep more of the money they charge for short-term loans under a bill that won approval Thursday in the Colorado House. Democrats opposed to the measure said it reverses sweeping changes approved last year to limit the interests rates that payday lenders can charge. Some lender’s rates were as high as 500 percent.
(Published: Thu, 31 Mar 2011 23:22:01 -0700)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. (PRWeb March 30, 2011) Read the full story at http://www.prweb.com/releases/2011/03/prweb5207294.htm
(Published: Wed, 30 Mar 2011 05:11:10 -0700)UK Payday Loan Broker Expanding into US, Australia and Canada
UK Payday Loan Broker Expanding into US, Australia and Canada (PRWeb March 22, 2011) Read the full story at http://www.prweb.com/releases/2011/03/prweb5182284.htm
(Published: Tue, 22 Mar 2011 02:44:23 -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)
