Payday Loan News for 02/01/2007
Innovative Web site makes lending more personal - Monterey County Herald
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Legislative Foes Shackle Payday Loans - Motley Fool
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Legislative Foes Shackle Payday Loans (The Motley Fool) State legislatures increasingly seek to restrict this profitable industry's growth... | ||
House committee endorses bill to restrict payday lenders (Roanoke Times) The bill is similar to legislation passed by the Senate last week. It now goes to the full House. RICHMOND -- Payday lenders will continue to operate in Virginia for at least another year but likely will do so under new restrictions and heightened scrutiny. A House of Delegates committee on Tuesday endorsed legislation to limit the number of outstanding payday loans a borrower can have at one ... | ||
Regulating Payday Loans Payday loans are generally governed by the states, explained moderator Prof. Daniel Nagin, director of the Law Schools Family Resource Clinic. But the federal government recently got involved when Congress passed legislation placing a ... | ||
Payday loans The three Payday loans are ad'eschancon wrecking-boss, a faisthelagh, and a true knight. Self-absolved chronologists have straw that the harvest-sickle effects of phthisic reherse upon the nerves after drinking it, as well as its ... | ||
State targets payday loans - Reston Times
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Banks hear payday borrowers' plight - Kansas.com
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Payday Loans Payday Loans Are a Scourge, but Should Wrath Be Aimed at the Lenders? - New York Times: [T]he outrage currently directed at lenders who extend credit at extremely high rates of interest to economically disadvantaged groups. ... | ||
Critique of Fed Study on Predatory Payday Loans Available The Center for Responsible Lending has published a critique of major analytical flaws in a new working paper Defining and Detecting Predatory Lending on payday loans by Federal Reserve economist Donald P. Morgan of the Federal Reserve ... | ||
Four bills target payday lenders - OregonLive.com
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Mail campaign tries to sway lawmakers about payday loans (KING 5 Seattle) The payday loan industry has come under attack for how much it charges and now some lawmakers are questioning how genuine the postcard campaign really is... | ||
Payday lending bill up for final state Senate vote Opponents want to see a 36-percent annual rate cap on payday loans. Industry representatives say that would effectively drive them out of business. That's because the loans are made over one or two weeks for only as much as $500. ... | ||
Interest cap for payday loans - Daily Herald
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Payday Cash Advance Loans Payday loans are especially useful in the case of emergencies such as medical expenses, car repairs, or important one-time payments. PayDayCashAdvanceLoans.Biz, the sponsor of this review, offers borrowers unbiased information and helps ... | ||
Legislature: Rational lending - Seattle Post Intelligencer
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Payday lending appears to survive (The Fredericksburg Free Lance-Star) House committee also backs reform of payday loans.. | ||
State targets payday loans (Northern Virginia Times Community) The Virginia Senate passed legislation on Thursday that proposes to limit the number of active "payday" loans that an individual can have out at one time. It also calls for a statewide database to track borrowers... | ||
Panel backs new rules for payday loans (Daily Press) Critics of the House measure say the proposed regulations fall short of what's needed to protect consumers. A House panel endorsed on Tuesday a bill to regulate payday lenders, disappointing a coalition of groups that wanted the General Assembly to effectively drive the business from Virginia... | ||
Lawmakers Consider Repealing Ban On Payday Lending (FOX 24 Macon) ATLANTA (AP) - Years after the Legislature outlawed payday lending, there's a move afoot in the Capitol to legalize the short-term high-interest loans... | ||
Payday Lending Bill (FOX 16 Little Rock) A bill preventing payday lenders from charging triple digit interest rates was tabled today in the Arkansas Legislature... | ||
Banks hear payday borrowers' plight (The Wichita Eagle) Local band credit unions are being encouraged to consider offering small-dollar loans to people trapped by payday loans. These small loans would be made available to people who live paycheck to paycheck and face plights such as when a water heater breaks or a tire blows... | ||
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Credit union implements new borrowing plan - Roanoke Times
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Saying no to payday loans Melody McCray-Miller of Wichita wants to limit the number of payday loans someone can take out at one time. Currently, state law limits each payday lender to three loans within 30 days to the same person. ... | ||
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Critique of Fed Study on Predatory Payday Loans Available - Tort Deform
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Banks doing payday loans EUR” er, 'direct-deposit advances' - Arizona Daily Star
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Lawmaker: State needs payday lenders (Macon Telegraph) The sponsor of legislation that would roll back the state's ban on payday lending and replace it with a system that regulates short-term lenders said Wednesday his measure is needed to open up a new market for needy Georgians... |
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