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newsarchive

4/3/2011
  1. 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)

  2. 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)

  3. 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)

  4. 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)

  5. 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)

  6. 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)

  7. Payday 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: Sat, 02 Apr 2011 05:45:10 -0700)

  8. 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)

  9. Payday Loan Marketers Who Allegedly Tricked Consumers into Buying Prepaid Debit Cards Will Pay More Than $800,000 to ...
    Two men who operated a service matching borrowers with potential lenders will pay $800,000 and the proceeds from the sale of a house to settle Federal Trade Commission charges that they tricked hundreds of thousands of payday loan applicants into paying for an unrelated debit card.
    (Published: Thu, 17 Mar 2011 08:22:49 -0700)

  10. 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)