Payday Loan News for 01/02/2008



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Payday loans restricted - Bucyrus Telegraph Forum

Payday loans restricted
Bucyrus Telegraph Forum,  United States - Dec 28, 2007
CUYAHOGA FALLS, Ohio (AP) EUR” A new law in the northeast Ohio city of Cuyahoga Falls places a limit on the number of payday loan businesses. .
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Cuyahoga Falls cracks down on payday loan shops - The Plain Dealer - cleveland.com

Cuyahoga Falls cracks down on payday loan shops
The Plain Dealer - cleveland.com, OH - Dec 28, 2007
Cuyahoga Falls -- This city, home to more payday loan businesses per person than either Summit or Cuyahoga counties, is looking to limit lenders. .
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Payday Loans limits to 36% the annual percentage rate (APR)that lender can change active duty service members or their dependents in extensions of consumer credits, including payday loan. This means, for example, that a payday lender ...

Hawkins seeks ban on payday lenders - Spartanburg Herald Journal (subscription)

Hawkins seeks ban on payday lenders
Spartanburg Herald Journal (subscription), SC - Dec 30, 2007
Robert Ford, D-Charleston, introduced a bill last session to ban payday loans. Hawkins worked out a compromise bill that would have required lenders to .
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Va.: Payday Lending Debate Continues - Houston Chronicle

Va.: Payday Lending Debate Continues
Houston Chronicle, United States - Dec 31, 2007
Several of Virginia's other neighbors _ Maryland, North Carolina and West Virginia _ do not allow payday loans. The debate has spawned several new groups, .
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all 8 news articles
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Group pushes for interest rate cap on payday loans; says other . - Seattle Post Intelligencer

Group pushes for interest rate cap on payday loans; says other .
Seattle Post Intelligencer - Dec 14, 2007
Databases, payment plans, cooling-off periods and limits on the number of payday loans that a borrower can hold at one time haven't done much to prevent .
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Group Calls for Tight Payday-Loan Rules - CNNMoney.com

Group Calls for Tight Payday-Loan Rules
CNNMoney.com - Dec 13, 2007
NEW YORK (Associated Press) - A consumer advocacy group called for tighter state-level restrictions on the payday-loan industry, arguing that a firm cap on .
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Dangers of payday loans - New York Daily News

Dangers of payday loans
New York Daily News, NY - Dec 28, 2007
But odds are that cash advance or payday loan will come at an extremely high price - and trap the borrower in a cycle of long-term debt. .
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Lawmaker aims to ban payday lending - Charlotte Observer

Lawmaker aims to ban payday lending
Charlotte Observer, NC - Jan 1, 2008
Robert Ford, D-Charleston, introduced a bill last session to ban payday loans in the state, but Hawkins pushed a compromise effort that instead put several .
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NEWS UPDATE: Car crash on Jefferson Street leaves one dead, four . - The Daily Advertiser

NEWS UPDATE: Car crash on Jefferson Street leaves one dead, four .
The Daily Advertiser, LA - 3 hours ago
Shortly before 10 am, police responded to a vehicle crash at Payday Loans where a white truck was found smashed into a pole. Two people were taken to local .
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Payday loans are given between two paydays to the borrower to overcome any financial difficulty during that period. Before getting the loan a borrower must get all the information on them. An online search will prove valuable...

NH Business: Nuggets of '07 - The Union Leader

NH Business: Nuggets of '07
The Union Leader, NH - Dec 30, 2007
Throughout the year, lawmakers in Concord argued whether to lower the interest-rate cap on payday loans -- short-term loans made at high rates of interest .
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