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5/2/2011Payday loan restrictions get initial approval from Missouri House
JEFFERSON CITY — Payday loan businesses would see new legal limitations on rates and payback periods under a bill given initial approval by the Missouri House of Representatives. The House voted along party lines for a bill that would change several provisions on payday loans. The bill would lower the total maximum interest rate for borrowers to 60 percent instead of the current 75 percent rate ...
(Published: Wed, 13 Apr 2011 14:37:31 -0700)Armed Robbers Tie Up Employee At Payday Loan Company
The Suspects Were Dressed In Business Suits Granite City Police are looking for two suspects who robbed the Advance America location on Route 3. Police say the suspects tied the victim up with plastic ties and took the stores money.
(Published: Sat, 30 Apr 2011 16:47:30 -0700)Payday Loan Limit Could Go Up
A proposal to raise the cap on risky payday loans in California is making its way through the state Assembly. Payday loans allow people to borrow against future paychecks in exchange for immediate money.
(Published: Wed, 27 Apr 2011 06:07:56 -0700)Armed robbers tie up employee at Granite City payday loan company
Police are investigating an armed robbery at a payday loan company in which the two suspects, wearing business suits, used zip ties to restrain people at the store.
(Published: Sat, 30 Apr 2011 11:22:21 -0700)Payday Loan Bill Makes Its Way To Mo. Senate
A bill designed to protect consumers from payday loan businesses makes its way to the Missouri Senate.
(Published: Tue, 19 Apr 2011 16:19:20 -0700)GOP Proposal Is Aimed To Cap Payday Loan Interest Rates
New York - The second attempt of payday lending regulation in Wisconsin is being circulated by the lawmakers. Politics and lobbyistsplayed a significant role last year in making the legislation concerning payday loan lenders softer.
(Published: Fri, 29 Apr 2011 06:45:31 -0700)Payday loan provider Cash Store revenues grow in Q2 to $2.5 million
EDMONTON - Payday loan provider Cash Store Financial Services Inc. (TSX:CSF) says higher loan volumes and product diversification helped it weather higher administrative costs to make a bigger profit in its second quarter.
(Published: Wed, 27 Apr 2011 15:29:11 -0700)Payday loan bill advances in House
JEFFERSON CITY — A payday loan bill cutting the number of times a borrower may renew one of the short-term loans and creating a computer system to monitor compliance won first-round approval in the Missouri House Wednesday.
(Published: Thu, 14 Apr 2011 12:05:50 -0700)Payday loan duel is heated in House
The Missouri House finished work Wednesday on a payday loan bill that will limit the number of times borrowers can renew their short-term loans and create a computer system for the state to monitor compliance with lending laws. The bill was given first-round approval on a 99-57 vote.
(Published: Wed, 13 Apr 2011 12:05:39 -0700)Payday loan industry in Missouri faces new restrictions
House Bill 656 seeks to balance consumer protection with preservation of credit options SPRINGFIELD, Mo. - If you think youve been seeing more payday loan outlets cropping up, its not your imagination. Experts say in 1996 there were 2,000 payday lenders in the state. Today they number 22,000.
(Published: Wed, 13 Apr 2011 20:19:02 -0700)
