“Payday Loans”

Archive for April, 2008

Payday lenders fight 36 percent cap on interest - Marietta Times (Payday Loan News)

Wednesday, April 30th, 2008

¯ The Ohio General Assembly approved payday lending at the current 391 annual percentage rate (two-week loans at 15 percent interest) in 1995. ¯ Payday lenders say the 391 percent APR is misleading as the loans are only short term and amount to $15 Read More
Legislation to regulate payday-loan practices passed […]

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Payday lenders fight 36 percent cap on interest - Marietta Times (Payday Loan News)

Wednesday, April 30th, 2008

¯ The Ohio General Assembly approved payday lending at the current 391 annual percentage rate (two-week loans at 15 percent interest) in 1995. ¯ Payday lenders say the 391 percent APR is misleading as the loans are only short term and amount to $15 Read More
Legislation to regulate payday-loan practices passed […]

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Fast Solutions for your Immediate Financial Urgencies - Best Syndication (Payday Loan News)

Tuesday, April 29th, 2008

Availing the amenities is very easy and simple, but maintenance of these utilities is costly. Some people require money for their car repairs, some for home improvements, however some need cash for any sort emergency or for paying any medical bill Read More
Legislation to regulate payday-loan practices passed the 2008 Virginia […]

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DeCoteau: The new money changers - Indian Country Today (Payday Loan News)

Tuesday, April 29th, 2008

DeCoteau: The new money changersIndian Country Today, NY - 12 hours agoAs many as one in five members of the armed forces took out a payday loan in 2005, a Pentagon report said last year, contributing to rising debt levels that …

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Columbus Dispatch

Payday lenders bait legislators, but don't switch rate - Thomas SuddesThe Plain Dealer […]

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Mesa to consider payday loan restriction - AZ Central.com (Payday Loan News)

Tuesday, April 29th, 2008

Mesa to consider payday loan restrictionAZ Central.com, AZ - Apr 25, 2008by Gary Nelson - Apr. 25, 2008 09:37 AM Mesa is making another stab at regulating payday loan stores before the current City Council rides into the sunset. …

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DeCoteau: The new money changersIndian Country Today, NY - 12 hours agoAs many as one in five members […]

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Critics say payday-loan reforms aren’t enough - Midlothian Exchange (Payday Loan News)

Monday, April 28th, 2008

Critics say payday-loan reforms aren’t enoughMidlothian Exchange, VA - Apr 23, 2008By Travis Lyle and MK Luther, Capital News Service Legislation to regulate payday-loan practices passed the 2008 Virginia General Assembly, but critics of …

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Payday loan control needs more bite to cut the fatIndependent and Free Press, Canada - Apr 26, 2008The way it works is payday […]

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House Committee Advances Limits On Payday Loans - Daily News-Record (Payday Loan News)

Monday, April 28th, 2008

A House of Delegates committee passed compromise payday lending legislation Tuesday that would cap interest rates and fees, set a limit on loans permitted and extend the repayment period. Legislators say the measure will break the cycle of debt Read More
KANSAS CITY, Mo. (AP) - A convicted Kansas City serial killer […]

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Critics say payday-loan reforms aren’t enough - Suffolk News-Herald (Payday Loan News)

Sunday, April 27th, 2008

Legislation to regulate payday-loan practices passed the 2008 Virginia General Assembly, but critics of the controversial and lucrative industry say the law is not enough to protect consumers. The number of payday-lending operators has risen since a Read More
When a law governing payday loans took effect more than two years ago, […]

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Effort to cap interest on payday loans dies - Denver Post (Payday Loan News)

Sunday, April 27th, 2008

Effort to cap interest on payday loans diesDenver Post, CO - Apr 23, 2008By Tim Hoover A bill that would have tightened regulations on payday loans is dead, according to its sponsors. Senate President Peter Groff, D-Denver, …

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WVEC.com (subscription)

Pump patrons turn to pawn shops for pre-payday loansWVEC.com (subscription), VA - Apr 23, 2008HAMPTON — The pain at […]

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Credit and Debt - Chicago Tribune (Payday Loan News)

Sunday, April 27th, 2008

When a law governing payday loans took effect more than two years ago, Illinois officials ballyhooed the millions of dollars saved and the burdens lifted for cash-strapped borrowers. But consumer advocates say a major player in the loan industry has Read More
If the news out of universities, city halls, school systems […]

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