Payday loan News

21 Feb 2012 13:45:14

4th District Democrats for payday lending reform

4th District Democrats for payday lending reform Buffalo Reflex Committee Chair Peggy Cochran added: We have to make sure that Missouri families who find themselves in need of quick loans are not falling prey to the loan sharks, who call themselves payday lenders . 1 Keep it Clean. Please avoid obscene, vulgar, ...
21 Feb 2012 12:51:18

FTC goes after phantom-debt collectors

Los Angeles Times FTC goes after phantom-debt collectors Chicago Tribune ... more payday lenders . The alleged criminals, often pretending to be law enforcement or other government authorities, would falsely threaten to immediately arrest and jail consumers if they did not agree to make a payment on a delinquent payday loan . FTC Cracks Down On Indian Call Center, Fraudster Debt Collectors
21 Feb 2012 09:53:39

Responsible Lending Is Always the Ultimate Goal of Paydayloansolutions.net

Responsible Lending Is Always the Ultimate Goal of Paydayloansolutions.net SBWire (press release) Paydayloanssolution.net says that it is the ultimate goal of the website to pair up a borrower to the suitable payday loan lender with utmost responsibility. Dallas, TX -- (SBWIRE) -- 02 21 2012 -- Paydayloansolutions.net helps a borrower cope with ... Payday Power Introduce Responsible Borrowing Page on Website Researching Payday Loans Online
21 Feb 2012 07:34:59

Getting Rich In Supposedly Illegal Businesses

Getting Rich In Supposedly Illegal Businesses Huffington Post (blog) A similar story can be said for another illegal activity turned legitimate: payday lending . A few years ago, I coined the phrase, "Legalized loan sharking" since it's impossible for me to see how payday lenders differ from the loan sharks of my youth.
20 Feb 2012 15:01:26

Payday loans

Payday loans Columbia Daily Tribune By Henry J. Waters III Missouri has the most permissive payday loan regulations in the nation, allowing lenders to charge a maximum fee for a two-week loan amounting to an annual rate of 1955 percent. Sen. John Lamping, R-Ladue, is pushing a bill ...
20 Feb 2012 11:19:57

Payday Lending Often Hurts People of Color

Payday Lending Often Hurts People of Color LoanSafe It's an important Black History Month issue because African Americans and Latinos are disproportionately hurt by the payday loan industry particularly in Missouri, according to a 2011 study, Credit Segregation: Concentrations of Predatory Lenders in ...
17 Feb 2012 11:12:36

Does Idaho need payday loan operations?

Does Idaho need payday loan operations? Coeur d'Alene Press Idaho lawmakers are considering legislation that would limit the amount of interest payday loan lenders can charge. A bill introduced earlier this month, with bipartisan support, would allow maximum interest of 36 percent on these short-term small ...
16 Feb 2012 18:17:17

Idaho's Payday Lenders Could Face Interest Rate Cap

Idaho's Payday Lenders Could Face Interest Rate Cap StateImpact Idaho By Emilie Ritter Saunders Idaho lawmakers are considering a bill to cap how much interest payday lenders can charge borrowers. Many payday loan stores charge interest rates of up to 400 percent. House Bill 470 would cap interest rates at 36 percent. Idaho should put a cap on payday loan interest rates
15 Feb 2012 15:41:17

Action stalls on payday loan bill

Action stalls on payday loan bill Salt Lake Tribune Daw said critics of payday loans say borrowers will often take out loan after loan from many companies to pay off earlier loans, until they are drained financially. Lenders contend that is rare, and that the law offers protections against that.
15 Feb 2012 02:19:02

Demonstrators: Cap payday loan interest rates

inAudit Demonstrators: Cap payday loan interest rates Idaho Press-Tribune 14, 2012 (Greg Kreller IPT) Information from the Idaho Department of Finance, which regulates payday lenders . The department received 10 complaints about the payday lending industry in 2010 and 13 in 2009. Payday loan : A small, short-term loan intended ... Stand Up Missouri- Payday loans in Missouri are immoral Quick Cash With an Easy Payday Loan Online Banks Offering Payday -like Loans: New Regulations and the Economy Slowing Down - -

Payday loan News

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