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5/29/2011

1. Payday Power Halve Payday Loan Processing Time
   Server upgrades allow payday loan broker to halve the time required to process applications. (PRWeb May 16, 2011) Read the full story at http://www.prweb.com/releases/2011/5/prweb8392072.htm
   (Published: Mon, 16 May 2011 01:19:36 -0700)

2. OR complaints filed against Payday Loan Yes
   PORTLAND -- Bryan Hitchcock is furious after he discovered an online lender took nearly $100 out of his bank account without loaning him a dime. "I was in a little bit of shock, said Hitchcock, “ here I basically had money stolen from me when I was in need of money so now Im in need of more money." Hitchcock said he turned to the online lender instead of a local payday loan lender because they ...
   (Published: Mon, 09 May 2011 18:21:58 -0700)

3. Double charged for online payday loan
   During these rough economic times, there are those who need a little help stretching the budget to the next paycheck. Some turn to payday loans. Such a loan helped one of our viewers, until a mistake dealing with her repayment busted the budget.  
   (Published: Thu, 26 May 2011 16:33:59 -0700)

4. Payday Loan Kingpin Praises Elizabeth Warren
   WASHINGTON -- The Chairman of the nations largest payday lending outifit is making the rounds in the nations capital to praise consumer advocate Elizabeth Warren and the new Bureau of Consumer Financial Protection (CFPB). The mini-press-junket is part of a concerted lobbying effort from payday loan giant Advance America aimed at pushing the CFPB to crack down on the overdraft fees charged by ...
   (Published: Tue, 10 May 2011 07:57:20 -0700)

5. Texas Legislature passes new payday loan rules
   The Associated Press The Associated Press AUSTIN, Texas The Texas Legislature has approved a package of measures requiring payday lenders to meet stricter transparency standards — mandating that they post full interest rates, fees and terms of service. The House approved on Thursday two companion bills directing that loan companies display the disclosures prominently and advise customers that ...
   (Published: Thu, 26 May 2011 14:58:27 -0700)

6. Payday loan regulation measures face hurdles in Texas House
   Payday loan regulation measures face hurdles in Texas House
   (Published: Wed, 11 May 2011 20:00:41 -0700)

7. Texas Legislature passes tougher payday loan rules
   A package of measures headed to Gov. Rick Perry requires that lenders post full interest rates, fees and terms of service.
   (Published: Thu, 26 May 2011 16:58:18 -0700)

8. State Senate Approves New Payday Loan Rules
   Legislation requiring payday loan providers to post interest rates, fees and terms of service took another step forward in the Texas Legislature.
   (Published: Mon, 23 May 2011 22:19:23 -0700)

9. Payday loan cap kept on for consumers
   NSW consumers will be protected from unscrupulous payday loan sharks. Some lenders charge interest of up to 780 per cent, figures show.
   (Published: Wed, 25 May 2011 07:00:00 -0700)

10. Payday Power Increase Upper Borrowing Limit to £1,250
    The hugely popular UK-based payday loan broker has announced that it will now be offering short term loans for up to £1,250.
    (Published: Fri, 27 May 2011 07:00:00 -0700)