newsarchive
6/3/2011Payday 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)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)Texas' proposed payday loan rules receive surprising support
The states first steps toward regulating payday loans are drawing a surprising consensus from the industry and consumer advocates.
(Published: Thu, 02 Jun 2011 19:15:35 -0700)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)Payday Power Now Paying Affiliates 100% Commission
Businesses and individual website owners can now benefit from 100% commission rates through payday loan broker, Payday Power. (PRWeb June 01, 2011) Read the full story at http://www.prweb.com/releases/2011/6/prweb8484993.htm
(Published: Wed, 01 Jun 2011 01:13:41 -0700)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)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)Elkins' antics taint Legislature
share: digg facebook twitter In a speech to House colleagues about pending legislation that affects the payday loan industry, Express-News columnist Patricia Kilday Hart reported, Elkins acknowledged he has a personal interest. Elkins justified his actions by claiming he was offering expertise on a subject he knew well — no different, for instance, from a lawmaker who happens to be a physician ...
(Published: Mon, 30 May 2011 22:22:04 -0700)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)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)
