Payday Loan News for 04/01/2007
| Harm vs. good weighed in payday loans debate (Atlanta Journal-Constitution) When Georgia lawmakers revisit the issue of payday lending today, state Rep. Tyrone Brooks (D-Atlanta) will vote to legalize the high-interest loans. It's a vote, he says, that has its roots in a visit with his grandmother three decades ago. Brooks noticed an array of improvements at his grandmother's modest house. When she told her grandson how she had paid for the goods EUR” a loan from a local ... | |
NM Governor signs measure to regulate payday lenders (ABC 7 El Paso) Governor Richardson has signed legislation which puts payday lenders under tighter regulation. The law will cap fees and restrict a consumer's total loans... | |
Some payday lenders flout state's reform law - Orlando Sentinel
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Harm vs. good weighed in payday loans debate - Atlanta Journal Constitution (subscription)
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Reader Response: New protections for NH's payday loan customers - Laconia Citizen
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Sarah Mattson: High-interest payday loans lure the poor into debt . - The Union Leader
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Sailors Get Payday Loan Protection - Military.com
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Putting The Pressure on Payday Loan Companies (KLAS Las Vegas) When rent money is gone or the paycheck hasn't come, many Nevadans are in need of a quick buck. Sometimes they turn to companies offering short-term loans with high interest rates. Assembly Bill 478 would put the breaks on all payday loan lenders ... | |
Payday Loans Causing Services Even More Stress A business with a large, relatively immobile workforce, who tend to stay in one place for predetermined periods of time, and who will, moreover, have plenty of notice that will move, should that happen. Channel: Money Tags: payday loans ... | |
Payday industry puts forward changes; consumer advocates wary (The Standard-Times) 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. Another depicts a young boy in a doctor's office, his arm in a sling... | |
Bert Caldwell: FDIC hopes to enlist banks in payday battle - The Spokesman Review
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Legislators try to lasso payday loans (The Oregonian) SALEM -- House Speaker Jeff Merkley has proposed the Legislature take its toughest stand yet against payday and car title lenders by imposing a blanket 36 percent cap on all consumer loans under $50,000... | |
Governor signs measure to regulate payday lenders (KOB-TV Albuquerque) SANTA FE (AP) - Governor Richardson has signed legislation which puts payday lenders under tighter regulation. The law will cap fees and restrict a consumers total loans. It also would prohibit immediate loan rollovers EUR” a practice in which a consumer takes out a new loan to pay off the old one... | |
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Harm vs. good weighed in payday loans debate (Atlanta Journal-Constitution) When Georgia lawmakers revisit the issue of payday lending today, state Rep. Tyrone Brooks (D-Atlanta) will vote to legalize the high-interest loans. It's a vote, he says, that has its roots in a visit with his grandmother three decades ago. EUR˘ Types of high-cost loans being considered Brooks noticed an array of improvements at his grandmother's modest house. When she told her grandson how she had ... | |
Some payday lenders flout state's reform law (Orlando Sentinel) They say the law doesn't apply because they are exempt or peddle loans via the Web. The 2001 state law that reformed the payday-lending business in Florida is being ignored by some of the companies it was designed to regulate... | |
Legislators try to lasso payday loans - OregonLive.com
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Payday loans, unsolicited mail - Statesman Journal
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Payday Loans [P] that you can take advantage of Cash Advance Payday Loans. Simply put, they are a means to get an advance on your salary: You apply, and when approved, receive your cash in return for a post-dated check that pays off the loan and ... | |
Governor signs measure to regulate payday lenders - Santa Fe New Mexican
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Most customers use payday loans wisely - Tucson Citizen
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Governor signs measure to regulate payday lenders (NewsChannel 10 Amarillo) SANTA FE Governor Richardson has signed legislation which puts payday lenders under tighter regulation. The law will cap fees and restrict a consumer's total... | |
Beware Payday Loans Dangerous Consumer Rip-off Payday loans, also called "cash advance loans," "check advance loans," "postdated... | |
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Georgia Upholds Ban on Payday Loans This week Georgia lawmakers narrowly rejected a bid to repeal a state law banning payday loans. Supporters of House Bill 163 have argued that the state went too far in banning payday lending back in May 2004, and they want to bring the ... | |
NM Governor Signs Payday Lenders Bill (AP via Yahoo! Finance) Payday lenders will come under tighter regulation by the state later this year under legislation signed into law Friday by Gov. Bill Richardson... |
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