Payday Loan News for 08/18/2008



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The Payday Loan Referendum in Ohio - Associated Content

The Payday Loan Referendum in Ohio
Associated Content, CO - Aug 15, 2008
By Carol Rucker, published Aug 15, 2008 The Ohio Legislature recently passed a bill that would hold 'Payday Loan' interest to a 28% annual rate. .
Payday loan cap repeal petitions misrepresented, opponents say The Plain Dealer - cleveland.com
'Yes' vote will mean 'no' to payday-lending excess Columbus Dispatch
Ballot taking shape on Ohio's new payday-lending law Toledo Blade
WTTE - The Plain Dealer - cleveland.com
all 23 news articles
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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. ...

Sameday Cash Payday Loans
You can get $50 to $1500 through Sameday Cash Payday Loans The rate of interest is a bit higher than other loans because Sameday Cash Payday Loans are short-term loans The repayment process is also very short...

Financial freedom isn't free - Akron Beacon Journal

Financial freedom isn't free
Akron Beacon Journal, OH - Aug 16, 2008
At a news conference, the anti-payday-loan types played tape recordings and unveiled written transcripts of conversations with the petition circulators. .
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Cash Till Payday Loans: Get Expedient Finance - Best Syndication

Best Syndication

Cash Till Payday Loans: Get Expedient Finance
Best Syndication, CA - Aug 14, 2008
Cash till payday loans are tailored for such requirements that demand some extra finance for settlement; since these loans are capable of arranging the .
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Best Syndication - Best Syndication
all 13 news articles
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URB sets payday loan limit - TheChronicleHerald.ca

URB sets payday loan limit
TheChronicleHerald.ca, Canada - Aug 1, 2008
By CLARE MELLOR Business Reporter Consumers in Nova Scotia arent about to see a big change in the price of taking out payday loans. The Nova Scotia Utility .
Nova Scotia limits payday loan charges Globe and Mail
NS regulator caps fees on payday loans CBC.ca
Nova Scotia Rate Cap on Payday Loans will Protect Consumers Canada NewsWire (press release)
Metro Canada - Halifax - RTT News
all 30 news articles
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Payday lenders win fight on ballot language to overturn reforms (The Plain Dealer)
Columbus- Chalk one up for the payday lending industry. The lenders prevailed after hours of contentious sparring in front of the Ohio Ballot Board on Thursday as the five-member panel hashed out ballot language for a proposed repeal of payday lending reforms...

Car title loan practices alarm officials (Midland Reporter-Telegram)
- 'Payday' and other short term loans with harsh terms also come under officials' scrutiny..

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Time to tune up state process on ballot initiatives - Arizona Daily Star

Time to tune up state process on ballot initiatives
Arizona Daily Star, AZ - Aug 17, 2008
Marian McClure, R-Tucson, tried to get an initiative called Stop Payday Loans on the ballot. The measure would have effectively killed the payday-loan .
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Bad Credit Payday Loans Online UK - Guaranteed Cash Today - Best Syndication

Best Syndication

Bad Credit Payday Loans Online UK - Guaranteed Cash Today
Best Syndication, CA - 11 hours ago
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all 4 news articles
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Payday Lenders' High Rate Won't Be On Ohio Ballot (WTOV 9 Steubenville)
Payday lenders won an argument with the Ohio Ballot Board today that they couldn't win with the Legislature. Payday loans won't be described using the extremely high annual percentage rate that has come to define the industry...

FDIC pilot program explores alternatives to payday loans (Los Angeles Times)
WASHINGTON -- Banks around the country have issued more than 3,000 small loans as part of a pilot program by the Federal Deposit Insurance Corp. exploring alternatives to payday lending...

Payday Loan Terminology
Sometimes, the terms associated with payday loans, or any other loans for that matter, can be confusing and difficult to interpret. The purpose of this directory is to help assure that anyone who is shopping for a payday loan has the ...

Provo eyes restrictions on payday loan stores (Deseret Morning News)
The city is exploring restrictions to quell clustering of payday lending stores to protect people from predatory lending practices and annual percentage rates as high as 800 percent...

Ohio Payday Loans
Here's what I think about these "payday loans" in general: fact is, if someone that wants to borrow money is such a credit risk that a 28% interest rate won't cover the potential losses and give you a bit of profit in addition, ...

loan laws fail most vulnerable - Courier Mail

loan laws fail most vulnerable
Courier Mail, Australia - 16 hours ago
. from July 31 were designed to close down the cruellest of loan sharks known to charge up to 1600 per cent interest on short-term "payday" loans. .
State checks whether lenders are acting illegally Courier Mail
all 4 news articles
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Provo eyes restrictions on payday loan stores - Deseret News

Provo eyes restrictions on payday loan stores
Deseret News, UT - Aug 15, 2008
Critics of payday lenders EUR” where people can get quick, two-week loans for as little as $20 each EUR” said they'd prefer heavier government scrutiny of the .
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'Yes' vote will mean 'no' to payday-lending excess (The Columbus Dispatch)
Shall Section 3 of H.B. 545 be approved? If you know the answer, congratulations, you're ready to vote in November to determine the fate of payday-lending interest rates in Ohio...

What Are Savings Account Payday Loans
Typically, these loans are simply known as savings account payday loans. Best of all, the process to secure the loan is quite easy. Once approved, the money is deposited into your banks savings account not a checking account. ...

Payday lenders high rate wont be on Ohio ballot (The Elyria Chronicle-Telegram)
COLUMBUS EUR” Payday lenders won an argument with the Ohio Ballot Board Thursday that they couldnt win with the Legislature EUR” that payday loans shouldnt be described using the high annual percentage rate that has come to define the industry. The panel that decides how ballot issues are worded agreed it would be misleading [.]..

Car title loan practices alarm officials - MyWestTexas.com

Car title loan practices alarm officials
MyWestTexas.com, TX - 22 hours ago
Clingman was dismayed to learn the practices of car title loan, "payday loan" and other such places are legal. "I was shocked that these companies have had .
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Payday lenders' high rate won't be on Ohio ballot (Coshocton Tribune)
COLUMBUS - Payday lenders won an argument with the Ohio Ballot Board Thursday that they couldn't win with the Legislature - that payday loans shouldn't be described using the high annual percentage rate that has come to define the industry...

Ohio battles over payday loan interest rate cap - Raw Story

Raw Story

Ohio battles over payday loan interest rate cap
Raw Story, MA - 5 hours ago
Ohio, having dealt a blow to its payday loan industry by enacting a usury law, is teeming with charges of deceit in a petition drive to reverse the law. .
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Instant payday loans: urgent cash funds at your disposal
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You can pull your name if you regret signing payday lenders' petition - Sheryl Harris' Consumer Wise (The Plain Dealer)
It's not a surprise to hear the payday lending industry might not be playing fair in its efforts to overturn HB 545. The bill barred payday lenders from charging the obscene 391 percent annual interest rates with which they gouged consumers looking for short-term loans...



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