Payday Loan News for 09/15/2007
| Council nods to payday limits (News Leader) STAUNTON EUR” Despite appeals from members of the payday industry, City Council unanimously passed a resolution that will ask the General Assembly to cap rates at 36 percent for all consumer loans in Virginia... | ||
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Advocates worry about flood victims turning to payday loans (Port Clinton News Herald) FINDLAY EUR” Ohio consumer advocates are concerned that victims of last months floods may turn to payday loans to help them get by. Columbus attorney Paul Bellamy with the Equal Justice Foundation says the short-term loans come with fees that translate to triple-digit interest rates... | ||
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PayDay & Cash Advance Loans Online - How Do Online Payday Loans Work? How online payday loans or cash advance loans work? Online payday loans usually work by first filling out a pre-approval application. 90% of the time, your credit is not pulled. Most payday loans are not based on your credit history, ... | ||
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Council to Vote on Bill Next Tuesday that Would Limit Annual . - Washington Post
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D.C. to Cap Interest Rates on Payday Loans (WTOP Radio Network) WASHINGTON (AP) - The D.C. Council is getting ready to vote on a plan to cap the interest rate on so-called "payday loans." Currently, lenders can charge $16.11 per $100 borrowed... | ||
Are blacks main target of payday lenders? (The Columbus Dispatch) Former managers for Ohio-based payday lender Check 'n Go were ordered to solicit poor, black residents, rewarded for pushing people into revolving loans and pressured to donate to a company executive running for the Ohio House, they said yesterday... | ||
State may cap rates on loans (The Western Star) Consumer advocates and some state lawmakers want to clamp down on Ohio's payday-lending industry. Ohio Rep. William Batchelder, R-Medina, said Thursday he plans to introduce a house bill regarding payday lending by the end of September... | ||
So what's the problem with payday loans? - Staunton News Leader
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The Payday Loan Debate Payday loans, and those who lend them, have traditionally received a bad - and often undeserved - rap from much of the mass media. The majority of this bad publicity seems to come from biased or generally invalid sources and are meant ... | ||
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Former workers blast Check'n Go - Cincinnati Post
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Advocates worry about flood victims turning to payday loans (The Toledo Blade) FINDLAY, Ohio EUR” Ohio consumer advocates are concerned that victims of last months floods may turn to payday loans to help them get by... | ||
Hialeah Cash Advance Payday Loans Nice Blog about payday loans, learned a lot here... | ||
Payday Loans: 9/11/07 - NBC 4.com
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Lawmakers seek to cap payday loans at 36% (The Western Star) After 10 years of explosive growth, the payday lending industry faces the prospect of tighter regulation as consumer groups and a handful of state lawmakers push for ways to protect borrowers... | ||
DC Council Set to Vote on Pay Day Loans - WJLA
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Easley moves to slow payday loans (The Greenville News) Easley City Council on Monday took its first step toward containing the rapid growth of loan companies that specialize in payday loans, cash advances and title loans... | ||
Liz's Online Chat Transcript: Payday Loans - NBC 4.com
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Landes favors payday loan rate limits (News Leader) Unlike his Staunton counterpart, Del. Steve Landes said he would support a cap on payday loans... | ||
Payday Loan Cap - WHSV
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So what's the problem with payday loans? (News Leader) Activists say the problem with payday loans is that many people cannot afford to pay the loan in full, forcing them to roll the debt over and pay additional fees. But an industry spokeswoman says these rollovers are illegal... | ||
Payday Loan Press Conference: 9/12/07 - NBC 4.com
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Advocates worry about flood victims turning to payday loans - WTOL
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Steve Bucci: Say no to payday loan; get some budgeting help instead - Arizona Daily Star
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