August 7th, 2008
COLUMBUS - Backers of a proposed law that would require Ohio employers to provide seven paid sick days filed almost a quarter-million signatures Tuesday to place the issue on the fall ballot, about twice as many as needed. If passed, the proposal Read More
UNDATED - If you’re debating renting furniture, be aware those “low, easy payments” are a rip-off. “It’s like a $7 billion industry,” says Reader’s Digest Features Editor Donna Bank. The interest rates are typically 75 percent to 350 percent. For Read More
Sabrina Eaton/Plain Dealer Ralph Nader criticizes both presidential candiates, saying that Barack Obama and John McCain “are homogenized by the corporatization of our government.” Perennial progressive presidential candidate Ralph Nader today Read More
Prominent local businessman George Dean Johnson Jr. stepped down Tuesday as chairman of Spartanburg-based payday lending company Advance America Inc., citing personal reasons. Johnson, 67, of Spartanburg will be succeeded by co-founder and Advance Read More
Money may not be the most important thing in life but it is definitely one of the most important things. So, when a sudden cash crunch crops up in between two consecutive paydays, it is definitely a cause for worry. An individual in such a scenario Read More
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August 6th, 2008
Ottawa police fraud detectives have a new scam blazing up their Top 10 chart and it targets the unemployed who are looking to make a quick buck. The “mystery shopper” scheme, which didn’t even crack the Top 10 last year, is considered the fifth-most Read More
The extent of education that borrowers should have on the protections contained in a new law was discussed today during a hearing by the State Corporation Commission. The regulations, which go into effect Jan. 1, are intended to implement a new Read More
» Cap could close payday loan loopholes » Disability doen’t keep this kid out of race » Guns turn a suicide attempt into suicide » Thieves make passes at $300 glasses » Even in suburbs, butterflies find their spots » Vacationing with books Read More
Republican David Pearce moved on to the general election in the state Senate race to replace Chris Koster, and House candidate Jason Kander dominated his wide-open Democratic primary. Kander was one of five area Democratic nominees for the House who Read More
Summary : The interest rate associated with online payday loans is sky scrapping. Short repayment tenure, indiscriminate approval and convenient disbursement make the loan rate high. Are you searching for the means to bridge the financial gap between Read More
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August 5th, 2008
Too many proposals and not enough time are adding up to heartburn for backers of several state ballot initiatives. Some of the proposals that supporters hope to put before voters this November are chalking up higher-than-normal error rates Read More
Advance America, a payday advance company, has launched a new campaign, “Who is there for you?” encouraging people to share stories about those who have made a difference in their lives. The push incorporates direct mail, Internet marketing and Read More
After you have paid off most of the bills, you are left with little money by the mid of the month. In such a time, if some urgency like repairing your car, avoiding a late payment or buying some essential items occurs, then there is usually little Read More
was a backlash from publicity. He threatened a group of men with a gun. That’s when people quit supporting his business. On a side note, if he does goverment business with a gun he will probably get his bills passed faster. his business was faltering Read More
While first-term U.S. Rep. Steve Cohen was on the floor of the House on Tuesday, guiding passage of a historic resolution apologizing to African-American citizens for slavery and Jim Crow laws, his most prominent and well-funded Democratic primary Read More
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August 5th, 2008
Payday lending provisions discussedRichmond Times Dispatch, VA - 4 hours ago1, are intended to implement a new payday loan regulation law passed by Virginia's General Assembly this year. The new law restricts borrowers to one …
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Columbia weighs limiting lendersMyrtle Beach Sun News, SC - 19 hours agoSeventy-four payday loan and 26 car title loan outlets have a Columbia address, according to the state Board of Financial Institutions, which regulates the …
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New rate for payday loans not a done dealNova Scotia Business Journal, Canada - 3 hours agoBY HARRY SULLIVAN, TRANSCONTINENTAL MEDIA TRURO — Payday loan customers rejoicing over a proposed rate cap will have to wait at least a few more months …
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August 5th, 2008
For many Americans, talking about money is at least as uncomfortable as discussing sex. A recent Charles Schwab study found that most parents felt better prepared to give their teens advice on the “birds and the bees” than on investing. That taboo Read More
Too many proposals and not enough time are adding up to heartburn for backers of several state ballot initiatives. Some of the proposals that supporters hope to put before voters this November are chalking up higher-than-normal error rates Read More
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August 4th, 2008
Earlewood neighborhood resident Gary Romey passes by a money-lending business on North Main Street. Romey says such businesses’ interest rates are too high. Plan would keep new, existing businesses at least a half-mile apart Columbia officials are Read More
Consumer advocates hailed the state Banking Department’s policy shift last week to license online payday lending, saying it would sound the death knell for the industry in Pennsylvania . ‘’This is a major victory for Pennsylvania consumers,'’ Kerry Read More
Too many proposals and not enough time are adding up to heartburn for backers of several state ballot initiatives. Some of the proposals that supporters hope to put before voters this November are chalking up higher-than-normal error rates Read More
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August 4th, 2008
With its foothold threatened in Arizona and across the U.S., the $42 billion payday loan industry has pumped up spending in its defense. Contributions to state politicians nationwide have mushroomed from just over $1 million in 2000 to $4.1 million Read More
Consumer advocates hailed the state Banking Department’s policy shift last week to license online payday lending, saying it would sound the death knell for the industry in Pennsylvania . ‘’This is a major victory for Pennsylvania consumers,'’ Kerry Read More
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August 4th, 2008
Advance America, a payday advance company, has launched a new campaign, “Who is there for you?” encouraging people to share stories about those who have made a difference in their lives. The push incorporates direct mail, Internet marketing and Read More
When Air Force Tech. Sgt. Larry Kight was a young recruit eight years ago, he got his first taste of an enemy he hadn’t reckoned with: money. Just 18 and flush with his first full-time paycheck, Kight said he immediately went shopping for a used car Read More
was a backlash from publicity. He threatened a group of men with a gun. That’s when people quit supporting his business. On a side note, if he does goverment business with a gun he will probably get his bills passed faster. his business was faltering Read More
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August 3rd, 2008
• Biographical info: The newlyweds live in Dumfries, Va., and have been married for about six months. They share their home with Kim’s 19-year-old daughter. •Their financial situation: Together the couple earns $191,000. Despite their high income Read More
WASHINGTON — President Bush declared significant progress in the Iraq war Thursday, saying terrorists “are on the run” and that generally improved security likely will permit further U.S. troop reductions. Standing on the Colonnade outside the Oval Read More
CDFI Data Project recently released the most comprehensive report on the CDFI industry, with statistics documenting CDFI growth and case studies illustrating positive social impacts. SocialFunds.com — If “quant” (or quantitative data) is the Read More
More often than not, it happens that people need cash instantly and do not have money till their next paycheck. They search out for provisions which can be approved fast so that you can get the sum they need without late. When this happens, then you Read More
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August 3rd, 2008
Payday loans really just loan sharkingChicago Daily Herald, IL - 12 hours agoWhile at first glance, a payday loan appears to be a short-term loan that is easy to repay, these loan schemes tie borrowers to interest rates of 400 …
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