Payday Loan and Cash Advance
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Payday Loans and Cash Advance Services ... |
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Payday Loan & Cash Advance News Blog ... |
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Payday Loan Lead Generators Settle FTC Charges ...
June 25, 2008
NEW YORK
--
Two payday loan lead generators
have agreed to settle Federal Trade Commission charges that
their Internet advertising stated payday loan costs and
repayment periods without disclosing annual percentage rate (
APR ) information as federal law requires...
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Toronto MP calls for payday loan crackdown ...
June 25, 2008
TORONTO, ONT
--
Canada is beginning to regulate its
payday lending industry, but applying to borrow fast cash online
still means entering a legal black hole. "It seems they are
slipping through the cracks," federal New Democrat industry
critic Peggy Nash said...
cont... |
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City Council approves 180-day motatorium on new Payday stores ...
June 25, 2008
PEORIA, IL
--
No new payday or title loan
companies can open in Peoria for the next 180 days. The City
Council voted 10-1 on Tuesday to approve a 180-day moratorium on
zoning certificates for payday and title loan stores...
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Signatures filed for industry-led payday-loan initiative ...
June 23, 2008
ARIZONA
--
A proposal to regulate Arizona's
payday-loan industry could become the first citizens' initiative
to qualify for the November ballot now that supporters have
turned in petitions with more than 265,000 signatures...
cont... |
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Payday lenders strive to shed image as predators ...
June 21, 2008
OVERLAND PARK,
MO
--
With the economy weakening and
cash-strapped consumers living paycheck to paycheck, you’d think
business would be booming at QC Holdings Inc., the Overland
Park-based payday lender. You’d be wrong...
cont... |
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Crack Down on Payday Loans ...
June 21, 2008
PEORIA, IL
--
Fast Cash. Bad Credit...No
Credit... You've probably seen the ads and now some Peoria
officials are cracking down on the industry. City leaders say
the number of cash advance stores in Peoria has doubled in the
past year, and they want to put a stop to it...
cont... |
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Payday-loan supporters must recraft petition ...
June 20, 2008
COLUMBUS, OH
--
Attorney General Nancy H. Rogers
decided yesterday that a group of payday lending supporters were
not being truthful in how they described a law they want voters
to overturn. The committee must now rewrite its petition summary
and submit it again...
cont... |
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NAACP
To Target Payday Lenders ...
June 19, 2008
UTAH
--
Representatives of the Salt Lake
Branch of the NAACP says so-called payday lenders will be in
their crosshairs when lawmakers convene in January. "A quarter
of the states in this country have outlawed them. Connecticut,
Georgia, Maine, Maryland, Massachusetts, New Jersey, New York,
North Carolina, Pennsylvania, Vermont and West Virginia. It's my
hope we'll add Utah to that list," says Executive Committee
Member Edward Lewis Jr...
cont... |
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Voters May Decide Fate of Payday Loans ...
June 19, 2008
KANSAS CITY, MO
--
The fight between state lawmakers
and payday lenders has entered a new phase as the industry is
attempting to get on the ballot this fall in Ohio and Arizona
and take its case directly to voters...
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Some cash-advance loans may carry excessive fees, charges ...
June 19, 2008
CLINTON, MS
--
Who does not want "quick cash?".
The offers sound enticing, but financial counselors encourage
people to do their research before taking out a payday loan,
also known as a cash advance...
cont... |
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Payday loan industry fights interest cap ...
June 18, 2008
OHIO
--
The payday loan industry is backing
a November referendum that would reverse the 28 percent cap on
interest rates approved by the Ohio legislature. The ballot
initiative is the latest strategy in the industry's fight to
keep payday loans from disappearing altogether as a result of
capping interest rates, Stateline.org reported Wednesday...
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Payday loan foes fail to get measure on ballot ...
June 16, 2008
ARIZONA
--
Rep. Marian McClure, R-Tucson, said
Monday there is no way she can get the more than 153,000
signatures by July 3 to put her measure on the November ballot.
In fact, McClure conceded her all-volunteer campaign to make
payday lending illegal has produced only about 30,000 signatures...
cont... |
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