Now do your part on payday lending: Vote yes on Issue 5 - Sheryl Harris’ Plain Dealing (The Cleveland Plain Dealer)
Now do your part on payday lending: Vote yes on Issue 5 - Sheryl Harris’ Plain Dealing (The Cleveland Plain Dealer)
The vote on Issue 5 is about a lot more than payday lending. It’s about whether Ohioans will stand up and vote "yes" for good government. The Ohio legislature has, in the past, had a tough time figuring out how to do right by consumers.
Vote puts squeeze on payday loans in Ohio (Fort Wayne Journal Gazette)
CINCINNATI The payday loan industry stung at the Ohio ballot box with a strict new law is looking for other ways to do business, prompting consumer advocates to worry that lenders are finding a way around the election results. Photo caption: A customer enters a Payroll Advance location, in Cincinnati. Ohio voters approved an issue that puts limits on payday lenders and borrowers. …
Official aims to limit payday loans online (Las Vegas Review-Journal)
Nevada payday lenders should be barred from making loans over the Internet to protect consumers in other states, a state official proposed Friday.
Experts Weigh In On Payday Loans As Holidays Approach (KTSM El Paso)
Friday November 21, 2008- W hile payday loans may be quick and easy ways to get cash, in the end many people aren’t ready for what comes next. O ne financial expert fills us in on what you need to know before getting that fast holiday money.
Payday Loan Accountability (WKRG News 5 Mobile)
In these tough economic times, many people are strapped for cash. Making ends meet may mean taking out a payday loan. It’s fast cash, but can come with a hefty price tag. In this News 5 Investigation, Kimberly Curth uncovered activity the State says is illegal. Watch Video
Online Payday loan businesses hit for deceptive practices (ABC 15 Phoenix)
The online payday loan market just got a little tighter as the government cracks down on their practices. The Federal Trade Commission and the state of Nevada charged 10 lenders with abusive collection tactics and making false claims.
Payday Mayday (Las Vegas CityLife)
Jay Campbell thought he knew exactly what he was doing when he went to Lucky Cash 4 U on Oct. 20, 2007 and asked for a $500 loan. He’d borrowed $200 from the same lender six months earlier — enough to take care of some unexpected expenses.
Payday Loan Deposit.Com: Announces "Fast Response" Technology With Faxless Payday Loans (PRWeb via Yahoo! News)
Payday Loan Deposit.Com has announced the utilization of innovative “fast response” technology, allowing for quick integration of applicant results it delivers from a growing lender network.
FTC warns consumers about borrowing from online sites (Fort Worth Star-Telegram)
If youre looking for extra cash for the holidays, the federal government wants you to know that borrowing from an Internet payday lender is risky business. The Federal Trade Commission and Nevada authorities have closed in on one site, www.cash2day4u.com . Site operators offered consumers loans up to $500 or less within 24 hours without requiring a credit check, proof of income or …
Banks, credit unions get into short-term lending at triple-digit APRs (BizJournals)
Payday lenders have argued a new state law is crippling their business, but banks and credit unions have been offering payday loans under other state lending statutes that allow them to charge interest and fees that add up to triple-digit annual interest rates for borrowers.
Bad News For Moneytree: The City of Seattle Wants to Steal Its Customers (Seattle Weekly)
Seattle-based check-cashing and payday-loan giant Moneytree is a homegrown success story that has made great strides in changing the shady reputation of its industry, as Laura Onstot described in a co… Continue reading “Bad News For Moneytree: The City of Seattle Wants to Steal Its Customers”