Payday Loan News for 06/05/2008
Payday industry launches referendum to overturn Ohio law - Bizjournals.com
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Payday Lending Capped - 6/2/2008 (WLIO NBC Lima) COLUMBUS, Ohio (AP) - Gov. Ted Strickland has signed a bill that puts new restrictions on the payday lending industry. The law signed Monday limits borrowers to four short-term loans a year and caps annual interest rates at 28 percent... | ||
Ohio governor signs law restricting payday lending (AP via Yahoo! Finance) Gov. Ted Strickland signed a bill Monday that puts new restrictions on the payday lending industry. The law limits borrowers to four short-term loans a year and caps annual interest rates at 28 percent... | ||
Payday industry launches referendum to overturn Ohio law (Cincinnati Business Courier) Payday lenders in Ohio, faced with a state interest rate cap, are fighting back and trying to repeal the law that takes effect in less than three months... | ||
New Ohio Law To Regulate Payday Lenders (WCPO Cincinnati) Ohio Governor Ted Strickland has signed a bill that restricts the interest rates that payday lenders can charge customers on loans... | ||
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Payday loan customers cry foul - Sandusky Register
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Payday lenders' shares may be at risk - CNNMoney.com
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Payday Lenders Plan Petitions on Interest-Rate Cap (WFMJ Youngstown) Payday lenders are starting a petition drive to let voters decide if that cap on high interest loans should stand. On Monday, Governor Strickland signed a bill that sets a 28 percent cap on high interest rates for those short term loans... | ||
Ohio governor signs new law on payday lending (Akron Beacon Journal) COLUMBUS: Gov. Ted Strickland has signed a bill that puts new restrictions on the payday lending industry. The law signed today limits borrowers to four short-term loans a year and caps annual interest rates at 28 percent. The state Legislature passed the bill last month over the objections of industry leaders... | ||
Strickland signs payday-loans bill (The Columbus Dispatch) Gov. Ted Strickland signed tough new restrictions yesterday on short-term lending in Ohio, and supporters say the law will put an end to a payday-loan industry that does far more harm than good for Ohioans in financial trouble... | ||
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Strickland signs payday loan bill placing limits on borrowing - Lebanon Western Star
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Payday industry launches referendum to overturn law (Business First of Columbus) Payday lenders faced with new state regulations hoisted upon their industry are fighting back and trying to repeal the law that takes effect in less than three months... | ||
Payday for dear lenders - Mirror.co.uk
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While Ohio's Going After Payday Lenders, How About BANKS? - ConnieTalk
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Payday lenders' shares may be at risk (AP via Yahoo! Finance) Payday lenders such as Advance America Cash Advance Centers Inc. and QC Holdings Inc. run the risk being shut out of providing the loans nationwide, according to an analyst who says the companies' stock prices don't currently reflect that possibility... | ||
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Payday loan company charged criminal rates, BC judge rules - The Canadian Press
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Going out of business - Chillicothe Gazette
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Strickland signs payday loan bill placing limits on borrowing (Springfield News-Sun) COLUMBUS EUR” With a bipartisan posse of legislators looking on, Gov. Ted Strickland signed legislation aimed at ending the so-called "debt trap" caused by short-term payday loans... | ||
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Legislature fails to curb pay-day loans - Chicago Daily Herald
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