Payday Loan News for 11/21/2006



Alexis Camacho up to 13-0 (Boxing Insider)
LAS VEGAS (November 20, 2006) -- Up-and-coming welterweight prospect Alexis Camacho (13-0, 12 KOs) completely dominated the action last night en route to a third round knockout at the Auditorio Municipal in Torreon, Mexico last night...

Tories propose new rules for payday loans - CBC Nova Scotia

Tories propose new rules for payday loans
CBC Nova Scotia, Canada - Nov 7, 2006
. services. Payday lenders typically provide short-term, high-interest loans, usually a few hundred dollars for a few weeks. The legislation .
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Payday lender rates draw ire from consumer advocates (Yakima Herald-Republic)
PORTLAND (AP) -- More than 100 Oregonians lost their cars, and 104,000 had problems repaying after borrowing money from payday and car title lenders last year, a state agency reports...

TOP STORY >> Law favors high-interest lenders over servicemen - Arkansas Leader

TOP STORY >> Law favors high-interest lenders over servicemen
Arkansas Leader, AR - Nov 20, 2006
. A spokesman for the nations largest payday lender said Thursday that despite its promise to stop making payday loans to military families, it must continue .
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Once again, payday loans escape ruling - Arkansas Democrat Gazette

Once again, payday loans escape ruling
Arkansas Democrat Gazette, AR - Nov 17, 2006
. The Federal Reserve says that payday loans are credit. Every court decision Ive seen says that payday loans are credit, they are extensions of credit. .
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Group Protests at Payday Lender's Shareholder Meeting to 'Stop the Loan Sharks' (U.S. Newswire via Yahoo! News)
Shareholders arriving for Dollar Financial's annual meeting will be greeted by several dozen inflatable sharks and people in shark costumes as part of a protest organized by ACORN against the predatory payday loans made by the company's subsidiaries Money Mart and Loan Mart. After the demonstration, three of the protestors, including a Money Mart customer from Toronto, Canada, will enter the..

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Credit unions compete for short-term loans (BizJournals)
The number of payday lenders in Wisconsin has more than doubled over the past five years, and local credit unions are taking notice by developing their own loan products to meet members' demand...

Grassroots financial centre an 'oasis' from payday lenders (CBC via Yahoo! Canada News)
A non-profit financial centre that has opened for business in Winnipeg's North End hopes to help low-income residents get a handle on their finances - and steer them away from payday lenders and other companies that provide fast loans with high interest rates...

Chattaroy man warns of dangers of payday loans - KXLY

Chattaroy man warns of dangers of payday loans
KXLY, WA - Nov 5, 2006
SPOKANE -- The popularity of payday loans continues to increase across the country. . Aaron Medres knows the pitfalls of payday loans first hand. .
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S.D. senator want 2nd look at payday loan cap (Air Force Times)
A coalition of military and consumer groups that persuaded Congress to impose a 36 percent interest-rate cap on payday loans to military members and their families is gearing up to fight the whole issue all over again...

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Japan: Kimura keeps Japanese belt (Boxing Insider)
WBC#10/WBA#15 ranked Japanese southpaw Norio Kimura (29-5-2, 14 KOs), 140, barely kept his national belt as he floored game and durable Koji Iida (11-5-1, 3 KOs), 139.75, twice in the second to almost bring home bacon then, but suffered lacerations over the left and right eyebrows in the fifth and sixth and struggled to cope with Iidas furious retaliation, winning a unanimous decision (96-93,..

Payday loans are on the rise (Everett Herald)
Businesses in the state collected $174 million in fees from $1.4 billion in loans in 2005, a study says...

Faxless Payday Loans - Better Support, Faster Support!
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Ark. Supreme Court returns payday loan lawsuit to lower court (Pine Bluff Commercial)
LITTLE ROCK - A lawsuit challenging Arkansas laws allowing "payday loan" fees that exceed the state's interest limits again will return to a Pulaski County Circuit Court, the state Supreme Court decided Thursday...

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Washington agency monitors $1.4 billion in payday loans - KNDO/KNDU

Washington agency monitors $1.4 billion in payday loans
KNDO/KNDU, WA - Nov 14, 2006
The state Department of Financial Institutions says the payday lending industry made loans last year ni Washington totaling one-point-four (b) billion dollars. .
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Oregon: Report sparks interest in tightening payday loan rules - OregonLive.com

Oregon: Report sparks interest in tightening payday loan rules
OregonLive.com, OR - 1 hour ago
. have applied for conventional consumer licenses, which are not affected by the interest rate cap and enable lenders to restructure payday loans into small .
Payday Lenders Move Online, Try to Bypass State Laws Consumer Affairs
Report stokes payday loan fight OregonLive.com
all 4 news articles
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Payday Loans by Phone
Are you aware of payday loans? Have you tried getting one? If not, then you are lucky to have not relied on this kind of loan. Many people nowadays are depending on payday loans. And with this demand, the payday loan industry continues ...

Easy way to Handle Cash Urgency - Bad Credit Payday Loans
Bad credit payday loans are targeted to those people, who need cash urgently before their paydays. This situation can happen to anyone. And in such circumstances, the person looks for a source from wh...

The Truth Behind Payday Loans - American Chronicle

The Truth Behind Payday Loans
American Chronicle, CA - Nov 8, 2006
There is a lot being said about payday loans. . There is a bit of truth in both claims but there is much more to payday loans than meets the eyes. .
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Payday loans are on the rise - HeraldNet

Payday loans are on the rise
HeraldNet, WA - Nov 20, 2006
By Mike Benbow. Payday loans are a $1.4 billion business in Washington state, according to a new study by the state Department of Financial Institutions. .
Military personnel are target of lending fight The Spokesman Review
all 2 news articles
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A salve for payday loans' sting - Denver Post

A salve for payday loans' sting
Denver Post, CO - Nov 7, 2006
With the number of payday loans surging across the state, a Colorado Springs nonprofit group and at least one Colorado congressman are lobbying for .
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Payday loans provide a quick solution for people who need instant cash. . Payments for payday loans are made via post-dated checks. . However, before resorting to payday loans, borrowers are advised to first check if they have ...

Meet Urgency Through Fast Cash Payday Loans
Service people often require monetary support just when the month has progressed a bit as unexpected expenditures crop up. So they can not depend on their salaries for making all payments. For this p...

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Payday Loans: A Circle of Trouble - KSWO

Payday Loans: A Circle of Trouble
KSWO, OK - Nov 9, 2006
. When you combine both the new and old type of payday loans, Wallis says that's where the problem gets worse. "It's not necessarily .
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Report stokes payday loan fight (The Oregonian)
More than 100 Oregonians lost their cars, 3,400 were sued and 104,000 had problems repaying after borrowing money from payday and car title lenders last year, a state agency reported this month...



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