Payday Loan News for 12/17/2006
Dave Zweifel: Payday loans victimize the neediest - The Capital Times
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Kulongoski releases wish list for 2007 Legislature (Salem Statesman Journal) Gov. Ted Kulongoski proposed a trio of new consumer bills today to protect Oregonians from what critics call EURpredatory lenders.EUR The governor wants to close a loophole that enables companies to avoid payday loan regulations adopted by the Legislature at an April special session... | |
Easy Money: With strings attached (The Salt Lake Tribune) For years, consumer groups have warned Utahns about the dangers of payday loans. Their success at urging legislators and city officials to crack down on an industry that charges an annual percentage rate of 400 percent or more for a quick short-term loan has been limited, though. Until now... | |
Bill targets payday, title loans (Billings Gazette) GREAT FALLS - Montana's attorney general is promoting a bill in the next Legislature that would cap the interest rates of title loans and "payday" loans, but an industry official calls the bill nothing more than "sound-bite legislation.".. | |
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Bill aims to curb payday loans in Va. - Richmond Times Dispatch
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Bill would set limits on payday, title loans - Billings Gazette
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Will state take action on payday loans? - 49abcnews.com
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Group calls for regulation of payday loans - Fort Worth Star Telegram
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Payday loans bill fails; talks to go on - Daily Press
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Wichita legislator to introduce bill capping payday loan interest (KSHB-TV Kansas City) WICHITA, Kan. (AP) EUR When state lawmakers in North Carolina capped the amount of interest payday loan companies could charge for short-term loans, the industry went bust in that state... | |
Beware the High Cost of Payday Loans I noticed that a payday loan store moved into my neighborhood recently, then I looked around and realized there are several in my area. This made me wonder. how profitable are these payday loan places, that they are popping up... | |
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QC Holdings Paying First Annual Dividend (AP via Yahoo! Finance) QC Holdings Inc., which provides payday loans from more than 600 branches in 25 states, said Thursday it will pay an annual dividend of 10 cents per share... | |
Will state take action on payday loans? - Lawrence Journal World
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Payday loans said to cost Alabamians extra $225 million - Birmingham News
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Payday loan association welcomes move to regulate lending in Canada (Investment Executive) The Canadian Payday Loan Association (CPLA) today credited the federal government for moving swiftly to allow provinces the authority to regulate the payday loan industry... | |
Proposal would cap payday loan interest (Arkcity.net) WICHITA (AP) -- When North Carolina lawmakers capped the amount of interest payday loan companies could charge their customers for short-term loans, the industry went bust in that state... | |
Wichita legislator to introduce bill capping payday loan interest (NewsChannel 10 Amarillo) WICHITA, Kan. When state lawmakers in North Carolina capped the amount of interest payday loan companies could charge for short-term loans, the industry went bust... | |
Easy Money: With strings attached - Salt Lake Tribune
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Payday lending still pays (Portland Tribune) Erika Silver says she sees the impacts of payday lenders. A case manager for Human Solutions, a nonprofit group that works with homeless and very low-income people in east Portland and Gresham, she tells the story of one homeless family that found housing with her agencys help EUR only ... | |
Borrowers have no cash saved (The Salt Lake Tribune) Walk into any payday loan office and you're likely to find that no two customers are the same - there's a mix of races, incomes, education levels and family situations. But one thing many payday loan borrowers have in common is the lack of an emergency fund. And many of those borrowers consider their local payday loan office a handy source of quick emergency cash... | |
State will target high-rate payday loans for military - San Diego Union Tribune
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