Payday Loan News for 07/20/2008
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Advance warning - The Keene Sentinel (subscription)
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Council approves ordinance affecting lenders (Granite City Press-Record) The Granite City Council at its meeting Tuesday passed an ordinance licensing and regulating lenders of payday loans... | ||
Province plans to cap payday loan rates - Edmonton Sun
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Group says bank overdraft fees rival payday loans (The Morning News) LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans... | ||
55 Payday Lenders, Including Jonesboro Business, Refuse to Shut Down (KAIT Jonesboro) JONESBORO, AR (KAIT) - State A.G. McDaniel releases a list of payday lenders that refuse to shut down in Arkansas and Jonesboro has one on the list... | ||
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Group says bank overdraft fees as predatory as payday loans (Arkansas News Bureau) By Jason Wiest Arkansas News Bureau LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans... | ||
Report: Ark. payday lenders escape regulation (AP via Yahoo! Finance) A third of the payday lenders that Attorney General Dustin McDaniel ordered to shut down or face the possibility of lawsuits have remained open and restructured their businesses to avoid Arkansas regulation, an advocacy group said in a report released Wednesday... | ||
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Payday Lenders Still Open (Times Record) LITTLE ROCK EUR” About one-third of the payday lending operations Attorney General Dustin McDaniel ordered to shut down or face lawsuits are still up and running after adopting new business models to try to avoid regulation, opponents of the practice said Wednesday... | ||
cap could close payday loan loopholes - Chicago Daily Herald
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Needs growing in weak economy - St. Joseph News-Press
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Instant Payday Loans in Georgia: Quick Finances in an Instant - Best Syndication
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Arkansas News Bureau (Arkansas News Bureau) Group says bank overdraft fees as predatory as payday loans By Jason Wiest LITTLE ROCK - As co-founder of Arkansans Against Abusive Payday Lending, Hank Klein was one of the first in the state to cry foul about the industry's use of the term "fee" to describe its charges for short-term loans... | ||
Online Instant Payday Loans EUR have quick access to money - Best Syndication
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Two payday lenders close in MH (Baxter Bulletin) Two payday lending businesses in Baxter County have complied with an Arkansas Attorney General's Office order and surrendered its state licenses, according to a recent payday lending report... | ||
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Report: Ark. payday lenders escape regulation - Forbes
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Group says bank overdraft fees rival payday loans - The Morning News
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Many Turning To Payday Loans To Boost Finances There is no credit check carried out with payday loans, which may be partly why they seem to be increasing in popularity at a time when lenders are cutting back on offering traditional lines of credit to those with damaged credit. ... | ||
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Durbin seeks cap on loan interest - Chicago Tribune
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Durbin seeks cap on consumer loan interest rates (Chicago Tribune) Proposed law would end rates higher than 36% U.S. Sen. Dick Durbin (D-Ill.) has taken aim at the high-interest-loan industry, introducing a bill proposing to cap rates charged for payday loans, car title loans and other forms of consumer credit at 36 percent annual interest... | ||
Group: Some payday lenders still operating despite order (Arkansas News Bureau) By Jason Wiest Arkansas News Bureau LITTLE ROCK - About one-third of the payday lending operations Attorney General Dustin McDaniel ordered to shut down or face lawsuits are still up and running after adopting new business models to try to avoid regulation, opponents of the practice said Wednesday... | ||
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