Payday Loan News for 03/10/2007



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. ...

Payday Loans Under Fire, Despite Changes - Bismarck Tribune

Payday Loans Under Fire, Despite Changes
Bismarck Tribune, ND - Mar 5, 2007
COLUMBIA, SC (AP) -- Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
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Avoiding Payday Loans
Another common problem that I encounter on a daily basis has to do with payday loans. While these may appear to be a quick and easy way to get money for rent, bills, credit cards, etc., the first loan is simply the start of a cycle ...

Pension fund told to shun payday lenders (Winston-Salem Journal)
RALEIGH N.C. Treasurer Richard Moore's office has asked companies that manage the state's pension funds to make sure that they don't hold stock in payday- lending companies. The Charlotte Observer reported this week that the pension fund last..

Payday Loans Under Fire, Despite Changes - Wilmington Morning Star

Payday Loans Under Fire, Despite Changes
Wilmington Morning Star, NC - Mar 5, 2007
COLUMBIA, SC | Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
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State's high court rebuffs challenge to payday loans - DesMoinesRegister.com

State's high court rebuffs challenge to payday loans
DesMoinesRegister.com, IA - Mar 6, 2007
The Iowa Supreme Court on Monday rejected a challenge to a state law that allows payday loans with annual interest rates of more than 300 percent, .
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Legislation introduced to reduce interest on payday loans - Times Daily (subscription)

Legislation introduced to reduce interest on payday loans
Times Daily (subscription), AL - Mar 6, 2007
In 2003, the Legislature passed a law legalizing payday loans and allowing the businesses to charge 17.5 percent per transaction. But Sen. .
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Payday Loans Under Fire, Despite Changes - FOX 9 News

Payday Loans Under Fire, Despite Changes
FOX 9 News, MN - Mar 6, 2007
COLUMBIA, SC -- Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
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The many pitfalls of payday lending (Daily Bulletin)
COLUMBIA, S.C. - Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. One scene shows a broken-down car. Another depicts a young boy in a doctor's office, his arm in a sling...

Payday Loans Under Fire, Despite Changes - nwitimes.com

Payday Loans Under Fire, Despite Changes
nwitimes.com, IN - Mar 5, 2007
COLUMBIA, SC - Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
..

Payday loan industry acts to quell criticism (Los Angeles Times)
The lenders' trade group plans changes, but consumer advocates and lawmakers remain wary. COLUMBIA, S.C. EUR” Soft music plays in the background of a new TV ad campaign as it urges viewers to use payday loans only for emergencies. One scene shows a broken-down car. Another depicts a young boy in a doctor's office, his arm in a sling...

States high court rebuffs challenge to payday loans (The Des Moines Register)
A unanimous rejection to a challenge of state law that allows payday loans of more than 300 percent says courts are not the venue for resolving...

Alternatives to Payday Loans
If it ever comes to the situation where you have to borrow money to eat, don't get a payday loan. There are always other options. Learn about the alternatives to payday loans. Channel: Money Tags: payday loans money debt money problems ...

Payday lenders react to lawmaker pressure (Inside Bay Area)
COLUMBIA, S.C. EUR” Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. One scene shows a broken-down car...

Treasurer asks N.C. pension managers to check for payday lenders (The Daily Comet)
State Treasurer Richard Moore's office has asked firms that manage state pension funds to make sure they don't hold stock in payday lending companies...

Legislation introduced to reduce interest on payday loans (The Daily Comet)
A bill introduced in the Senate on Tuesday would put Alabama's payday loan businesses under the regulation of the state Small Loan Act and, according to a state senator, would substantially reduce the interest borrowers pay...

Nixon Hopes to Restrict Payday Loans
JEFFERSON CITY - Payday loan companies might find doing business in Missouri a little tougher, if a bill in the Senate and the House passes. Last year Missouri residents borrowed more than $750 million from payday lenders...

Payday loans under fire, despite changes - Hemscott

Payday loans under fire, despite changes
Hemscott, UK - Mar 5, 2007
COLUMBIA, SC (AP) - Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
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Payday Loans Attract Interest
Afterward, the courts ruled that payday loans had been subject to the terms of the Small Loan Act up until the time that the new legislation passed. I know one policy analyst who keeps up with these things who had speculated that the ...

Payday loan proposals differ (Montgomery Advertiser)
A state senator who once had ties to the payday loan industry is backing a bill to reform it, but an­other lawmaker hoping to reform the industry said it's "payday re­form light."..

PayDay Loans' New Ad About How Payday Loans Are For Upstanding .
The payday loan industry has a new commercial out: Soft music plays in the background of a new TV ad campaign as it urges viewers to use payday loans only for emergencies. One scene shows a. [[ This is a content summary only. ...

States high court rebuffs challenge to payday loans
A unanimous rejection to a challenge of state law that allows payday loans of more than 300 percent says courts are not the venue for resolving...

Payday loans under fire, despite changes - Sacramento Bee

Payday loans under fire, despite changes
Sacramento Bee, CA - Mar 5, 2007
COLUMBIA, SC (AP) Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. .
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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 Under Fire, Despite Changes - Forbes

Payday Loans Under Fire, Despite Changes
Forbes, NY - Mar 5, 2007
Soft music plays in the background of a new TV ad campaign as it urges viewers to only use payday loans for emergencies. One scene shows a broken-down car. .
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ONLINE PAYDAY LOANS
Online payday loans are the new payday loans. Now instead of having to look for a payday lender near you all you have to do is connect to the internet and you will find millions of payday lenders online waiting to serve your payday ...

Treasurer Asks NC Pension Managers To Check For Payday Lenders (WITN 7 North Carolina)
State Treasurer Richard Moore's office is asking firms that manage state pension funds to make sure they don't hold stock in payday lending companies...

Payday loan industry plans changes; advocates, lawmakers remain wary - Sun-Sentinel.com

Payday loan industry plans changes; advocates, lawmakers remain wary
Sun-Sentinel.com, FL - Mar 8, 2007
COLUMBIA, SC -- Soft music plays in the background of a new TV ad campaign as it urges viewers to use payday loans only for emergencies. .
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Payday lending - some amazing facts
Given that payday loans are so bad for your financial health it looks like some major irrationality going on here. Im thinking that the state should be taking some intelligent interest in this, if for no other reason than what I expect ...

High court rejects challenge to payday lending law (WQAD Moline)
DES MOINES, Iowa (AP) - The Iowa Supreme Court has rejected a challenge to a state law that allows payday loans with annual interest rates over 300 percent...



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