Payday Loan News for 08/12/2008



Payday lending: Opposing sides will fight over ballot wording (The Hamilton Journal News)
The big, expensive fight to get rid of one of the nation's toughest payday lending laws may not get decided until Nov. 4, but a major preliminary battle will take place on Thursday, Aug. 14...

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State cracks down on Web-based payday loans with new regulations (Pittsburgh Post-Gazette)
The Pennsylvania Department of Banking is cracking down on Web-based payday lenders that want to do business with Pennsylvanians, giving them until Feb. 1 to get a state license and comply with rules on short-term consumer loans. ...

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Ohioans for Financial Freedom's 'Farmer' ad sows half-truths on . - The Plain Dealer - cleveland.com

Ohioans for Financial Freedom's 'Farmer' ad sows half-truths on .
The Plain Dealer - cleveland.com, OH - 7 hours ago
It would lower payday loans' annualized interest rates from the current 391 percent ($15 per $100 on a two-week loan) to 28 percent. .
Latest payday lending TV commercial has Ohio farmers riled up Dayton Daily News
all 2 news articles
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Leaders launch campaign to protect payday loan law (WFMJ Youngstown)
COLUMBUS, Ohio (AP) - Democratic Gov. Ted Strickland and Republican legislative leaders will fight an effort by payday lenders to repeal restrictive caps on the short-term loans they offer...

Payday lenders trying to gain support to hold back Bill 545 (The Massillon Independent)
Supporters of a new state law that caps interest rates on payday loans rolled out EURa tough, smart, powerful teamEUR to help defeat an effort to repeal the law...

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Payday lending group unveils TV ad (Dayton Business Journal)
Payday lending proponents aren't going down without a fight...

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Instant Approval Payday Loans: Quick hassle Free Funds - Best Syndication

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Instant Approval Payday Loans: Quick hassle Free Funds
Best Syndication, CA - Aug 4, 2008
However, you can easily resolve the financial crisis by opting for instant approval payday loans. With the assistance of these loans, you can deal with any .
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Ad Watch: Payday loan 30-second 'Farmer' spot (The Columbus Dispatch)
The ad: "Farmer," a 30-second television spot Producer: Ohioans For Financial Freedom..

Payday lender settlement reached (The Capital Times)
An Internet payday lender won't be able to make loans to Wisconsin consumers and will need to pay $60,000 in restitution under a preliminary settlement reached in a class-action suit brought by UW-Madison Law School students and the school's Consumer Law Litigation Clinic. The settlement also requires Tremont Financial LLC to release the 137 class-action members from loan obligations, and the ...

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Instant payday loans: resolve your short term financial worries .
Instant payday loans are the best option to handle any unplanned, short term expenditure. The repayment of the instant payday loans is also very convenient and can be done by simply placing a post dated cheque with the lender at the ...

State cracks down on Web-based payday loans with new regulations - Pittsburgh Post Gazette

Pittsburgh Post Gazette

State cracks down on Web-based payday loans with new regulations
Pittsburgh Post Gazette, PA - 1 hour ago
"Payday lending is really a terrible debt trap," she said. A 2006 study by the US Department of Defense found that the average payday loan customer ended up .
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Bill aims for payday loan alternatives (The Garden Island)
Sen. Daniel K. Akaka, D-HawaiEURi, introduced legislation recently to improve access to banks and alternatives to payday loans...

Snider: Payday loans: worst idea ever - Daily Camera

Snider: Payday loans: worst idea ever
Daily Camera, CO - 14 hours ago
Taking out a payday loan is the worst idea ever. For the owners, it's a great idea. It's extremely lucrative, according to aguest speakers at the financial .
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Softening the bite of payday loans - Regina Leader-Post

Softening the bite of payday loans
Regina Leader-Post, Canada - 19 hours ago
But the cost could be as high as $108.51 -- 22 times the legal maximum --- if you deal with one of those payday loan companies found in most neighbourhoods, .
Time for banks, credit unions to serve the poor Vancouver Sun
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Payday lending: Opposing sides will fight over ballot wording - Dayton Daily News

Payday lending: Opposing sides will fight over ballot wording
Dayton Daily News, OH - 9 hours ago
In May, the General Assembly passed a law that slashes the permitted annual interest rate on short-term payday loans to 28 percent, down from 391 percent. .
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CheckCity.com Offers Payday Advance Loans in Illinois (PRWeb)
CheckCity.com has been authorized and licensed by the State of Illinois to offer payday advance loans and began offering cash advance loans to residents of the state on Thursday, July 31st. (PRWeb Aug 8, 2008) Read the full story at http://www.prweb.com/releases/2008/08/prweb1166914.htm..

Finances a battlefield for many in military - Honolulu Advertiser

Finances a battlefield for many in military
Honolulu Advertiser, HI - 18 hours ago
They are three times more likely than civilians to take out so-called payday loans that charge exorbitant interest rates EUR as high as 400 percent, .
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CheckCity.com Offers Payday Advance Loans in Illinois (PRWeb via Yahoo! News)
CheckCity.com has been authorized and licensed by the State of Illinois to offer payday advance loans and began offering cash advance loans to residents of the state on Thursday, July 31st...

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Payday Loans UK: Satisfy Your Urgent Requirements - Best Syndication

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Payday Loans UK: Satisfy Your Urgent Requirements
Best Syndication, CA - 4 hours ago
Payday loans UK are a solution to all your tensions. These loans can solve your cash problems with a cash advance at the time you require it the most. .
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Payday lending group unveils TV ad - Bizjournals.com

Payday lending group unveils TV ad
Bizjournals.com, NC - 15 hours ago
Ohioans For Financial Freedom on Friday rolled out a television ad promoting efforts to undo an interest rate cap on payday loans. .
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EZCORP's Acquisition of Value Financial Terminated - MarketWatch

EZCORP's Acquisition of Value Financial Terminated
MarketWatch - 14 hours ago
In 461 EZMONEY locations and 71 EZPAWN locations open on June 30, 2008, the Company offers short-term non-collateralized loans, often referred to as payday .
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