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5/31/2011

1. 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)

2. 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)

3. 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)

4. 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)

5. 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)

6. Big money surrounds payday loan legislation
   Lawmakers who have gained most donations include assemblyman behind measure to raise borrowing limit
   (Published: Mon, 02 May 2011 11:34:28 -0700)

7. 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)

8. Big money surrounds California's payday loan legislation
   A new analysis of the check-cashing and payday loan industrys contributions to state lawmakers might underscore what Lt. Gov. Gavin Newsom recently called the industrys ability to "buy off" opponents.
   (Published: Mon, 02 May 2011 11:32:06 -0700)

9. 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)

10. 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)