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9/23/2011

1. Big Banks Entering Payday Loan Fray
   Payday loans, traditionally offered by check cashing stores with names like Advance America, Dollar Loan Center or Check City, have gone mainstream. Known for interest rates that can run as high as 391 percent and short repayment periods, these loans are
   (Published: Sun, 11 Sep 2011 02:00:37 -0700)

2. The Merry Scamsters of Spokane Strike Again!
   SEC charges payday loan business owner with running a Ponzi.
   (Published: Thu, 22 Sep 2011 15:22:13 -0700)

3. Payday loan vote delayed for Birmingham City Council
   The Birmingham City Council has postponed their vote on a plan to limit the number of pay day and title loan companies coming into the city...
   (Published: Tue, 13 Sep 2011 10:44:59 -0700)

4. SEC says Colbert woman ran Ponzi scheme
   The Securities and Exchange Commission has charged the owner of a Spokane-based payday loan business with conducting a massive Ponzi scheme and stealing investor money to fund her home improvement projects, gambling and purchases of luxury cars.
   (Published: Thu, 22 Sep 2011 14:44:04 -0700)

5. Find Top Payday Loan Lenders Online with the New Review Service
   PaylessPaydayLoans.com helps find best rated online personal loans - features real people reviews, lender rankings and more. Bad credit - OK.New York, NY (PRWEB) September 22, 2011 When it comes to securing a payday loan online, there are many options available. We habitually compare auto and mortgage loan companies but seldom does it occur to us that researching cash advance lenders should be ...
   (Published: Thu, 22 Sep 2011 00:21:32 -0700)

6. FTC shuts down payday loan business
   The Federal Trade Commission has shut down a Timber Lake payday loan business they say was illegally garnishing wages from customers without a court order. Business owner Martin Webb agreed to a preliminary injunction that will halt debt collection efforts at Lakota Cash and Big Sky Cash pending trail, according to U.S. District Court records. The FTC alleges that when customers dont pay back a ...
   (Published: Wed, 14 Sep 2011 00:43:42 -0700)

7. Payday loan advice query for Birmingham councilors raises eyebrows
   Alabamas payday lenders arent associated with the emails, said Charles Hunter, spokesman for Borrow Smart Alabama, the industrys trade association.
   (Published: Thu, 15 Sep 2011 05:41:57 -0700)

8. Leading Loan Broker Payday Power Celebrate 3 Year Anniversary Online
   Payday Power has recently celebrated their three year anniversary online as one of the most reliable and trustworthy payday loan websites on the Internet. (PRWeb September 20, 2011) Read the full story at http://www.prweb.com/releases/2011/9/prweb8807741.htm
   (Published: Tue, 20 Sep 2011 01:09:11 -0700)

9. EDITORIAL: Don't give in to payday loan industry
   Every year, the payday lending industry seeks legislation in California to loosen consumer protections -- creating more profits for loan sharks but driving more people into cycles of chronic debt. Greased by campaign contributions, these bills easily pass
   (Published: Fri, 26 Aug 2011 17:22:52 -0700)

10. SEC charges Spokane payday lender with investor fraud - Thu, 22 Sep 2011 PST
    The Securities and Exchange Commission today charged the owner of a Spokane-based payday loan business with conducting a massive Ponzi scheme and stealing investor money to fund her home improvement projects, gambling jaunts to Las Vegas, and purchases of a Corvette and a Mercedes.
    (Published: Thu, 22 Sep 2011 11:54:57 -0700)