Payday Loan News for 08/27/2007



Reducing payday loan risk - Starting Oct. 1, law gives Soldiers some interest rate protection (Fort Leavenworth Lamp)
FORT MYER, Va. - Everyone's heard the familiar radio spots cajoling people to take out a payday loan, which is paid back when your paycheck arrives. It sounds easy enough...

Payday Cash Loan EUR A Short Term Solution For Getting Cash Fast - American Chronicle

Payday Cash Loan EUR A Short Term Solution For Getting Cash Fast
American Chronicle, CA - Aug 24, 2007
Payday cash loans are a good way to tide over emergency situations and make life easier for the time being. Once you fill in an online application for your .
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Group seeks payday loan cap (Richmond Times-Dispatch)
The Virginia Interfaith Center for Public Policy today was to release the faith community's "Faithful Pledge" campaign to end the current system of payday lending and cap the interest rate on those short-term loans at 36 percent...

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Payday Loans, Nonprofit Style, Emerge to Mixed Response - New York Times

Payday Loans, Nonprofit Style, Emerge to Mixed Response
New York Times, United States - 1 hour ago
But alternative payday loans have also drawn criticism from some consumer advocates, who say the programs are too similar to for-profit payday loans, .
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Payday Loans €EURœ There Are Other Options
Bank overdraft charges can be devastating when they begin to accumulate, and payday loans can seem like a possible solution for short-term financial difficulties. Before resorting to these instant cash loans with exorbitant finance ...

PayDay Loans
Many a times, we are too proud to admit that we need cash to tide us over difficult times in our lives. Many a times, we planned and we saved and something always comes out of the blue and knock us out of our momentum. ...

Payday lending a moral issue? (Richmond Times-Dispatch)
In what they call a moral and not political campaign, members of Virginia's faith community are launching a renewed effort to cap the interest rate of payday loans...

Next Payday Loans: Metamorphosed For Urgent Demands - American Chronicle

Next Payday Loans: Metamorphosed For Urgent Demands
American Chronicle, CA - Aug 23, 2007
If you can qualify with simple criteria laid down by lenders then you can withdraw cash with the aid of next payday loans the same day or the next business .
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Payday loans in cap target - Bizjournals.com

Payday loans in cap target
Bizjournals.com, NC - Aug 25, 2007
by Adrian Burns A Republican legislator plans to propose next month that the annual percentage rate charged by payday lenders for short-term loans be capped .
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Bills would clamp down on payday loan 'sharks' - Milwaukee Small Business Times

Bills would clamp down on payday loan 'sharks'
Milwaukee Small Business Times, WI - Aug 24, 2007
Zepnick said the bill would prohibit the state from creating a database of payday loan borrowers, a "Big Brother invasion of personal privacy. .
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Religious Leaders Fighting Payday Loans
What does God have to do with payday loans? Many religious leaders say a lot. The Virginia Interfaith Center for Public Policy believes they have a moral responsibility to lobby against the payday loan industry...

Payday Loans Charge 1040% Interest
Have you ever used or considered using a Payday loan? Do you think there are time to use a payday loan? I am sure there are some reasons to use a payday loan, but have you ever really considered what interest rate they are charing?..

Faith Community Rallies Against Payday Lenders (CBS 6 Richmond)
RICHMOND, Va. (AP) - Some in the faith community are calling on legislators to support a 36 percent annual interest rate cap on payday lenders. The campaign seeks to involve churches of every denomination...

Virginia's 'Faithful Pledge' challenges payday lenders (The Washington Times)
Calling it "a moral stand, not a political campaign," Virginia's faith community last week called on legislators to support a 36 percent annual interest-rate cap on payday lenders...

Sub-prime conduct - Daily Press

Sub-prime conduct
Daily Press, VA - 19 hours ago
That's the limit that applies to other short-term loans in Virginia. That's the limit Congress put on payday loans to the military, after it found they were .
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Payday loans: short-term help, long-term burden? - Columbus Dispatch

Columbus Dispatch

Payday loans: short-term help, long-term burden?
Columbus Dispatch, OH - 17 hours ago
Still, consumer advocates want Ohio lawmakers to cap the annual percentage rate on payday loans at 36 percent. That rate would drive payday stores out of .
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Cash Loan Until Payday - Loan For Small Amount - American Chronicle

Cash Loan Until Payday - Loan For Small Amount
American Chronicle, CA - Aug 24, 2007
In fact it has many features that you will not find in any of the traditional loans. The biggest attraction of a payday loan is its amazing speed. .
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Bills would clamp down on payday loan 'sharks' (Small Business Times)
State Rep. Josh Zepnick (D-Milwaukee), a member of the Assembly Committee on Financial Institutions, has introduced two consumer protection bills designed to help citizens who utilize relatively new and emerging financial services of payday and auto title loans...

Personal Loans, Why Are These Called Payday Loans?
Explains the relation between personal loans and payday loans. Also explains paycheck as a security in relation to traditional security » original news...

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Payday Loans, Nonprofit Style, Emerge to Mixed Response (New York Times)
Nonprofit groups are stepping into an industry that has been widely criticized as predatory but that has reached as many as one in 20 Americans...

Fairview look to limit number of payday Lenders, adult oriented shops (St. Clair County Journal)
Moving to restrict businesses that it sees as being detrimental to the welfare of the city and its citizens, the Fairview Heights City Council has introduced two proposed ordinances that would limit the number of payday lenders and adult use business in the city limits...

How Does Faxless Payday Loans Work?
Do you know what makes payday loans different from all other forms of loans? It's the fact that payday loan companies do not attach any importance on your credit history. So whether you have a high or low credit score from any or all of ...

Payday loans in cap target (BizJournals)
Payday lending as Ohioans know it may soon be a thing of the past...

KC ponders regulations on payday loan businesses - Kansas City Star

KC ponders regulations on payday loan businesses
Kansas City Star, MO - Aug 21, 2007
Payday loan stores market their loans EUR” often using colorful, cheery advertisements EUR” as a way to solve an immediate problem, but critics say interest rates .
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Watch for the quick-fix loan web - Advertiser Adelaide

Watch for the quick-fix loan web
Advertiser Adelaide, Australia - Aug 26, 2007
Statistics show that most of these payday loans are rolled over nine-to-12 times," Senator Bernardi said. "It's a really grubby business and I know lots of .
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N.J. needs $2B loan to pay its bills (The Record)
Like a cash-strapped shopaholic reaching for a credit card before payday, New Jersey is planning to borrow $2 billion to cover expenses over the next few months EUR including those record-high property tax rebates...

100% Guaranteed Approval On Payday Loans: No Need To Lose Sleep .
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