Payday Loan News for 03/01/2010
Minnesota lawmakers propose legislation to close loophole used by payday - Credit Loan (blog)
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Report shows payday lending industry gave Wisconsin parties $28,000 (Pioneer Press) Payday loan companies donated more than $28,000 to campaign fundraising committees as the state Legislature was considering a bill that would have placed stricter regulations on the industry, according to a report released today... | ||
Report: Payday lending industry gave parties $28K (AP via Yahoo! Finance) Payday loan companies donated more than $28,000 to campaign fundraising committees as the state Legislature was considering a bill that would have placed stricter regulations on the industry, according to a report released Monday... | ||
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Plan Advances to Bolster Fed's Role in Consumer Protection - Wall Street Journal
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Banks Shift From Overdraft Fees to Payday Loan Type Products: Will it Work Out? - PR Newswire (press release)
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Payday lending not on agenda - Lexington Herald Leader
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Some banks turning to 'payday' type loans (Pioneer Press) U.S. banks, threatened by new limitations on overdraft fees, may look to short-term products similar to "payday" loans to help replace as much as $20 billion in lost revenue... | ||
Cash Doctors Australia Extends $2 Payday Loans Offer Indefinitely Due To A Huge Increase In Product Demand (PRWeb) Cash Doctors, Australia's leading online payday loans and cash advance provider, responds to increasing market demand by extending their $2 first time loan offer. Borrowers who have not had a cash advance before with the company can access a payday loan and repay only $2 more than they borrow. (PRWeb Feb 28, 2010) Read the full story at http://www.prweb.com/releases/Cash-Doctors ... | ||
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Report: Payday Lending Industry Gave Parties $28K - New York Times
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Flying Oskar: Payday Lending and Spartanburg's Shame - Spartanburg Spark (blog)
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Payday lending proposal introduced - Wisconsin Law Journal
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Payday lenders giving advances on unemployment checks (Los Angeles Times) Critics say the high fees that come with the loans send the jobless into a cycle of debt. The industry sees it as a service for people in need. The payday loan industry has found a new and lucrative source of business: the unemployed... | ||
Wis. Assembly OKs payday lending bill, rejects cap - BusinessWeek
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Payday Loans - Cash Advance - Cash Next Business Day (OfficialWire) Less-than-perfect credit? No problem! Online cash approvals from the privacy of home.. | ||
Mich. Court Upholds Cap on Payday Loan Bounce Fees - ABC News
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Despite new law, subprime credit cards and payday loans can still be very dicey - Boston Globe
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Cash Doctors Australia Extends $2 Payday Loans Offer Indefinitely Due To A Huge Increase In Product Demand (PRWeb via Yahoo! News) Cash Doctors, Australia's leading online payday loans and cash advance provider, responds to increasing market demand by extending their $2 first time loan offer. Borrowers who have not had a cash advance before with the company can access a payday loan and repay only $2 more than they borrow... | ||
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The Unemployed on the Payday Loan Treadmill (Columbia Journalism Review) The Los Angeles Times reports that payday lenders are feasting on the jobless, taking huge chunks of their unemployment checks in exchange for advancing them money for a week or two... | ||
Payday lenders contributed to Sheridan-controlled fund (Milwaukee Journal Sentinel) Payday lenders pumped $10,500 into a campaign committee controlled by Assembly Speaker Mike Sheridan (D-Janesville) just before and after he announced he no longer supported clamping a 36% annual interest rate cap on the industry... |




